Ethics Tb
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Student: ___________________________________________________________________________
1. The study of business and society involves an exploration of what is "right" and/or "wrong" in terms of the social and ethical conduct of business.
True False 2. Responses to social and environmental issues will determine the corporations which will survive in the future.
True False 3. Integrity refers to the appropriateness of a corporation's behaviour, not to its adherence to moral principles.
True False 4. Ethics applies to business in the same manner as they apply to religion.
True False 5. A responsible corporation, a business undertaking that responds to social, ethical and environmental responsibilities in addition to its economic obligations results in a firm's integrity.
True False 6. A free enterprise system sees a strictly limited role for government.
True False 7. The responsible enterprise system and stakeholder capitalism both acknowledge that business has responsibility beyond making profit for shareholders.
True False 8. Adam Smith argued for a system of capitalism that would see an enhanced role for government.
True False 9. Canadians’ overall attitude towards business has been basically positive over the last ten years.
True False 10. Private enterprise focuses on the profit motive.
True False 11. There are very few legal requirements for an individual establishing or operating a business in Canada.
True False 12. Legitimacy refers to the rightness of the rightness of a business system to provide goods and services wanted by Canadians.
True False 13. A partnership may involve two or more than two individuals sharing the ownership of a business.
True False 14. In a proprietorship or partnership, the owners assume all responsibility for the firm, but they also receive all profits.
True False 15. The concession doctrine
Student: ___________________________________________________________________________
1. The study of business and society involves an exploration of what is "right" and/or "wrong" in terms of the social and ethical conduct of business.
True False 2. Responses to social and environmental issues will determine the corporations which will survive in the future.
True False 3. Integrity refers to the appropriateness of a corporation's behaviour, not to its adherence to moral principles.
True False 4. Ethics applies to business in the same manner as they apply to religion.
True False 5. A responsible corporation, a business undertaking that responds to social, ethical and environmental responsibilities in addition to its economic obligations results in a firm's integrity.
True False 6. A free enterprise system sees a strictly limited role for government.
True False 7. The responsible enterprise system and stakeholder capitalism both acknowledge that business has responsibility beyond making profit for shareholders.
True False 8. Adam Smith argued for a system of capitalism that would see an enhanced role for government.
True False 9. Canadians’ overall attitude towards business has been basically positive over the last ten years.
True False 10. Private enterprise focuses on the profit motive.
True False 11. There are very few legal requirements for an individual establishing or operating a business in Canada.
True False 12. Legitimacy refers to the rightness of the rightness of a business system to provide goods and services wanted by Canadians.
True False 13. A partnership may involve two or more than two individuals sharing the ownership of a business.
True False 14. In a proprietorship or partnership, the owners assume all responsibility for the firm, but they also receive all profits.
True False 15. The concession doctrine