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    Business Ethics - MST - 4Q

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    Business Ethics - MST - 4Q

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    mmstalavera
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    Business Ethics_MST_4Q

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    11 views4 pages

    Business Ethics - MST - 4Q

    Uploaded by

    mmstalavera

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    © All Rights Reserved
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    You are on page 1of 4

    4th Quarter Mini Summative Test in Business Ethics

    Name: Marcus Miguel S. Talavera Date: April 8, 2022


    Grade & Section: 12-Iriarte Score: _______/_______

    General Guidelines:
    ● Download a copy of this document.
    ● Read and understand each test's instructions.
    ● You are given two (2) hours to complete this exam.
    ● Once done, please save this document in PDF.
    ● Upload your completed test under the classwork and don’t forget to TURN IN
    ● Don't forget to pray before taking your test. Good luck and God bless! Yes, You Can!

    Multiple Choice
    Read the questions carefully. Highlight the letter that corresponds to the correct answer. (1 point
    each)

    1. Refers to practices and policies undertaken by corporations intended to have a positive


    influence on the world.
    a. Social Entrepreneurship
    b. Corporate social responsibility
    c. Business Ethics
    d. Company Policies

    2. Assurance that an individual or an organization will be evaluated on their performance or


    behavior related to something for which they are responsible.
    a. Performance Task
    b. Transparency
    c. Accountability
    d. Transparency

    3. A company that promotes these values is more likely to retain staff who also believe in
    these values.
    a. Attracting talent and retaining staff
    b. New business opportunities
    c. Environmental advocacy
    d. Customer loyalty and higher sales

    4. Arises in situations concerning right or wrong when values are in conflict. Ethics are
    beyond legal and doing right whether or not anyone is looking.
    a. Create Company Policies
    b. Ethical Issue
    c. Create a Meritocracy
    d. Ethical Dilemma

    5. Which of the following is not an ethical issue?


    a. Nepotism
    b. Corporate Espionage
    c. Provide Ongoing Training
    d. Discrimination

    6. When a company hires someone for being a family member, favoritism occurs when a
    manager treats an employee better than other workers for personal reasons.
    a. Padrino System
    b. Bayanihan
    c. Meritocracy
    d. Nepotism

    7. Which is not a social enterprise is not?


    a. It tackles social problems and improves communities, people's life chances, and the
    environment.
    b. Solely rely on volunteering, grants, or donations to stay afloat in the long-term
    c. A proper business that makes its money in a socially responsible way.
    d. Businesses that are changing the world for the better.

    8. A business must have reason to exist beyond that of making money and maximizing
    shareholder value.
    a. Profit is an output, not a purpose
    b. Companies with a purpose beyond profit tend to make more money
    c. Business needs Purpose than Profit to Make It Through
    d. Business with a strong sense of purpose is more successful

    9. The following are features of social enterprise EXCEPT


    a. Businesses that are changing the world for the better.
    b. It aims to make a profit, and then use this profit to support its charitable, social or
    environmental goals.
    c. It has social aims and ethical values
    d. Exist to make its owners very wealthy

    10. Become as involved as you are able in the daily activities at your company.
    a. Take an Active Role in Daily Activities
    b. Double Check Your Books regularly
    c. Provide Ongoing Training
    d. Require Employees to Sign a Nondisclosure Agreement

    11. Which is at the bottom level of Carroll’s CSR Pyramid?


    a. Ethical
    b. Economic
    c. Philanthropic
    d. Legal

    12. Intersecting circles model presents the relationship between business and society from two
    perspectives: outside-in and inside-out. Is the statement correct?
    a. Yes. It’s the actual description of the said model.
    b. No.
    c. Maybe
    d. No. It should be a Concentric Circle instead of Intersecting Circle conflict.

    13. Which of the following CSR models rejects the hierarchical order of importance?
    a. Con Model
    b. Intersecting Circles
    c. Carroll’s Pyramid
    d. Concentric Model

    14. These are generally considered the two main pillars of good corporate governance.
    a. Accountability and Transparency
    b. Customer service and Employee empowerment
    c. Corporate social responsibility and Business Ethics
    d. Mission and Vision

    15. A starting company is new to its market. The company is struggling to gain sales due to
    the poor public image of the community. What Corporate Social Responsibility should be
    practiced in the given scenario?
    a. Company Charity works
    b. Brand recognition and higher sales
    c. new business opportunities
    d. Promote new ethical business practices.

    Essay. Social Enterprise


    Instructions: Answer the following questions comprehensively with a minimum of five sentences.
    Use the space provided.

    Content (7) Substance and correctness of the answer.

    Mechanics (3) Grammar and punctuation.

    Total (10)
    Rubric for grading

    1. To avoid ethical issues in business, leaders, and members should take an active role in
    seeking out and correcting unethical behaviors as early as possible. In your current online
    business, what key tactics are you going to implement and why?

    a) As an online business owner, we apply a collaborative approach to manufacturing and


    delivering of products. CEOs and Staffs work in an equal environment, where staffs
    and higher office managers discuss ideas openly. Every idea is considered and listened
    to. We also keep in mind the capability and health of our employees, we don’t force
    employees to work in conditions we are uncomfortable to work in. We make sure all
    employees and staffs work in a safe environment. In addition, we ensure all employees
    wear proper personal protective equipment and all abide in quarantine protocols. Every
    people in our company is valued equally. We encourage them to do their best and we
    build on each other to help each other grow stronger with the company.

    2. Why is social enterprise important to the community? Cite examples of social enterprise
    today and think about how you can improve their social impact.

    a) Social Enterprises are signs of change. Through the years, more and more social
    enterprises have been rising. This shift in the business industry is a promising sign that
    awareness on global issues are now being put to light. Moreover, now everyone is
    taking part of the movement to make our world a better place. Established businesses
    too are taking part with the trend. Already established businesses are now taking a
    social enterprise approach, opting for recyclable, biodegradable, and reusable materials
    rather than plastics and Styrofoam. Examples of Social enterprises that makes a positive
    impact in our society is Bambike. This social enterprise sheds light on multiple issues.
    First is mental health and physical health of the youth. Let go of your phones and enjoy
    the sights to see outside. Second, environmental footprint of gas and smoke produced
    by transportation through vehicles. Third is the footprint produced in producing bikes
    made of plastics. Lastly is supporting local product, as Bambike is a company made by
    Filipinos and for the Filipinos. The Points of Improvement in this social enterprise is
    the availability. Convenience in purchasing Bambike would vastly increase sales,
    market, and awareness

    3. Assuming that you have been given a huge amount of capital to your online business and
    at the same time your business has become a social enterprise, as a social entrepreneur,
    what issues are you going to address? Why?
    a) Self-neglect. I choose this because, growing up in Don Bosco, we are taught an idle
    mind is the work shop of the devil. As a Bosconian and a student in this time of
    pandemic, I know how hard it is to find a purpose in this time of the pandemic. It
    is hard to find something to do that will make you happy. That is why our company
    provides personalized designs in our products. Customer purchasing process is
    highly interactive. We want to know what you like and prefer. You get to be hands
    on with the production of your package without having to hustle through protocols
    and restrictions. In addition to that, future plans of Sweet Desire are to sell baking
    kits/ s’mores kit. Through this money, we will be able to accomplish our plan to
    expand into projects like this, giving our customers a more enjoyable experience at
    home.

    Prepared by:

    Jerome Micoh E. Lustanas, LPT

    Checked by:

    Mrs. Gretchen Salangsang-Cachola, LPT


    Subject Area Head-ABM, Mathematics and Technology

    Approved by:

    Mrs. Rochelle D. Custodio, LPT, MAEd


    APAA - SHS

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