MUN Business 1000- Mid Term 2 Terms
Exam Questions With Correct Answers
Ethics |- |CORRECT |ANSWER✔✔-the |individual |standards |or |moral |values |regarding |what |is |right
|and |wrong |or |good |and |bad
Ethical |Behavior |- |CORRECT |ANSWER✔✔-the |behavior |that |conforms |to |individual |beliefs |and |
social |norms |about |what |is |right |and |good
Unethical |Behavior |- |CORRECT |ANSWER✔✔-the |behaviour |that |individual |beliefs |and |social |
norms |define |as |wrong |and |bad
Business |Ethics |- |CORRECT |ANSWER✔✔-ethical |or |unethical |behaviours |by |a |manager |or |
employee |of |an |organization
Managerial |Ethics |- |CORRECT |ANSWER✔✔-the |standards |of |behaviour |that |guide |individual |
managers |in |their |work
Conflict |of |Interest |- |CORRECT |ANSWER✔✔-occurs |when |an |activity |benefits |the |employee |at |
the |expense |of |the |employer
Corporate |Social |Responsibility |- |CORRECT |ANSWER✔✔-the |idea |that |a |business |should |
balance |its |commitments |to |individuals |and |groups |that |are |directly |affected |by |the |
organization's |activities
, Organizational |Stakeholders |- |CORRECT |ANSWER✔✔-groups, |individuals, |and |organizations |
that |are |directly |affected |by |the |practices |of |an |organization |and |that |therefore |have |a |stake |in
|its |performance
Pollution |- |CORRECT |ANSWER✔✔-the |introduction |of |harmful |substances |into |the |
environment
Air |Pollution |- |CORRECT |ANSWER✔✔-pollution |that |occurs |when |a |combination |of |factors |
lowers |air |quantity
Global |Warming |- |CORRECT |ANSWER✔✔-an |increase |in |the |earth's |average |temperature
Toxic |Waste |- |CORRECT |ANSWER✔✔-pollution |resulting |from |the |emission |of |chemical |and/or |
radioactive |by-products |of |various |manufacturing |processes |in |the |air, |water, |or |land
Recycling |- |CORRECT |ANSWER✔✔-the |reconversion |of |waste |materials |into |useful |products
Biomass |- |CORRECT |ANSWER✔✔-plant |and |animal |waste |used |to |produce |energy
Consumerism |- |CORRECT |ANSWER✔✔-a |social |movement |that |seeks |to |protect |and |expand |
the |rights |of |consumers |in |their |dealings |with |businesses
Collusion |- |CORRECT |ANSWER✔✔-an |illegal |agreement |among |companies |in |an |industry |to
|"fix" |prices |for |their |products
Stealth |(Undercover) |Advertising |- |CORRECT |ANSWER✔✔-companies |paying |individuals |to |
extol |the |virtues |of |their |products |without |disclosing |that |they |are |paid |to |do |so
Exam Questions With Correct Answers
Ethics |- |CORRECT |ANSWER✔✔-the |individual |standards |or |moral |values |regarding |what |is |right
|and |wrong |or |good |and |bad
Ethical |Behavior |- |CORRECT |ANSWER✔✔-the |behavior |that |conforms |to |individual |beliefs |and |
social |norms |about |what |is |right |and |good
Unethical |Behavior |- |CORRECT |ANSWER✔✔-the |behaviour |that |individual |beliefs |and |social |
norms |define |as |wrong |and |bad
Business |Ethics |- |CORRECT |ANSWER✔✔-ethical |or |unethical |behaviours |by |a |manager |or |
employee |of |an |organization
Managerial |Ethics |- |CORRECT |ANSWER✔✔-the |standards |of |behaviour |that |guide |individual |
managers |in |their |work
Conflict |of |Interest |- |CORRECT |ANSWER✔✔-occurs |when |an |activity |benefits |the |employee |at |
the |expense |of |the |employer
Corporate |Social |Responsibility |- |CORRECT |ANSWER✔✔-the |idea |that |a |business |should |
balance |its |commitments |to |individuals |and |groups |that |are |directly |affected |by |the |
organization's |activities
, Organizational |Stakeholders |- |CORRECT |ANSWER✔✔-groups, |individuals, |and |organizations |
that |are |directly |affected |by |the |practices |of |an |organization |and |that |therefore |have |a |stake |in
|its |performance
Pollution |- |CORRECT |ANSWER✔✔-the |introduction |of |harmful |substances |into |the |
environment
Air |Pollution |- |CORRECT |ANSWER✔✔-pollution |that |occurs |when |a |combination |of |factors |
lowers |air |quantity
Global |Warming |- |CORRECT |ANSWER✔✔-an |increase |in |the |earth's |average |temperature
Toxic |Waste |- |CORRECT |ANSWER✔✔-pollution |resulting |from |the |emission |of |chemical |and/or |
radioactive |by-products |of |various |manufacturing |processes |in |the |air, |water, |or |land
Recycling |- |CORRECT |ANSWER✔✔-the |reconversion |of |waste |materials |into |useful |products
Biomass |- |CORRECT |ANSWER✔✔-plant |and |animal |waste |used |to |produce |energy
Consumerism |- |CORRECT |ANSWER✔✔-a |social |movement |that |seeks |to |protect |and |expand |
the |rights |of |consumers |in |their |dealings |with |businesses
Collusion |- |CORRECT |ANSWER✔✔-an |illegal |agreement |among |companies |in |an |industry |to
|"fix" |prices |for |their |products
Stealth |(Undercover) |Advertising |- |CORRECT |ANSWER✔✔-companies |paying |individuals |to |
extol |the |virtues |of |their |products |without |disclosing |that |they |are |paid |to |do |so
