iPHILBUS - LONG QUIZ (REMOVAL)

A café owner switches to a fair-trade coffee supplier even though it costs more. Which principle guides this action?

• Consequentialism

• Deontological ethics

• Virtue ethics

• Profit maximization

A bakery identifies its “why” — to provide healthy, affordable bread for locals. What component of business nature is this?

• Economic contribution

• Stakeholder

• Purpose

• Legal structure

An electronics company deliberately designs gadgets that wear out quickly to push future sales. This strategy is:

• Harvest strategy

• Concentrated sale

• Decline phase

• Planned obsolescence

An institution allocates its financial resources toward community programs and educational scholarships rather than distributing profits to owners or shareholders. What type of organization is this?

• Partnership

• Private limited company

• Non-profit organization

• Sole proprietorship

Employees clearly understand company goals and align their daily tasks with them. This shows:

• Goal alignment

• Innovation

• Policy development

• Corporate structure

A company ensures that all its packaging meets national safety and consumer laws. This reflects:

• Producer commitment

• State’s prescription of quality

• User criteria

• Industrial standard

A manager trusts their team to choose work schedules and finish projects independently. What leadership style is shown?

• Democratic

• Authoritarian

• Bureaucratic

• Laissez-faire

A transport company offers affordable rides in rural areas to help locals travel. This represents business as a:

• Corporate activity

• Profit orientation

• Fundamental social process

• Industry function

A business that uses recyclable packaging despite higher costs demonstrates:

• Corporate Social Responsibility

• Capitalism

• Profit orientation

• Stakeholder indifference

When a company bases its moral decisions on potential good outcomes, it follows:

• Virtue ethics

• Deontological ethics

• Consequentialism

• Pragmatism