P E Q4
20 Questions
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It is a 20-item true or false quiz about business ethics and unethical practices in business.
Questions and Answers
- 1.Business Ethics cover all conduct, behavior and judgment in business.
- A.
True
- B.
False
- 2.The main purpose of business ethics is to know only the right practices in business.
- A.
True
- B.
False
- 3.Misrepresentation is a concept that gives the right statement made by the seller.
- A.
True
- B.
False
- 4.Selling a merchandise with expired date is an example of unintentional misrepresentation.
- A.
True
- B.
False
- 5.Short weighing, short measuring and short numbering of products are examples of direct misrepresentation.
- A.
True
- B.
False
- 6.Indirect misrepresentation is characterized by omitting adverse information about the product or service.
- A.
True
- B.
False
- 7.Deceptive packing of products is an example of unintentional misrepresentation in business.
- A.
True
- B.
False
- 8.One of the unethical practices in business is the misrepresentation and it has five types.
- A.
True
- B.
False
- 9.Caveat Emptor is also known as "Business Ignorance".
- A.
True
- B.
False
- 10."Let the buyer beware" is an example of direct misrepresentation.
- A.
True
- B.
False
- 11.Misleading advertisement is an example of direct misrepresentation.
- A.
True
- B.
False
- 12.Adulteration is a process of appealing to the emotions of a prospective customer and moving him/her into buying of the product he/she needs.
- A.
True
- B.
False
- 13.Smuggling is the declaring of imported merchandise of the actual rate of import tariff duties.
- A.
True
- B.
False
- 14.Gift giving is also known as bribery in business settings.
- A.
True
- B.
False
- 15.A business fraud wherein it attempts to meet the demand by using cheap ingredients or substitute is known as adulteration.
- A.
True
- B.
False
- 16.Over persuasion is the process of appealing to the emotions of a prospective customer.
- A.
True
- B.
False
- 17.Bribery is the offering, giving or accepting considerations in some shapes or form in the performance of function.
- A.
True
- B.
False
- 18.The four types of misrepresentation are intentional, unintentional, direct and indirect.
- A.
True
- B.
False
- 19.The unethical practices in business can be classified into 5 types, namely: interpretation, over persuasion, adulteration, smuggling and gift-giving or bribery.
- A.
True
- B.
False
- 20.In business, the appropriateness of gift-giving depends on the value of the gift and the time when it is given.
- A.
True
- B.
False
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