Social Responsibility Of Business And Government Quiz

37 Questions | Total Attempts: 115

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Business Environment Quizzes & Trivia

Practice questions for the Chapter 3 Test - Social Responsibility of Business and Government


Questions and Answers
  • 1. 
    Which of these is a benefit of socially responsible activities?
    • A. 

      Upgrading to more efficient lights will increase short-term costs.

    • B. 

      Giving money to support a cause will alienate potential customers who support other causes.

    • C. 

      Less pollution improves quality of life for consumers as well as employees.

    • D. 

      Government regulations will override any attempts at social responsibility.

  • 2. 
    Which of these protects the creative work of authors, composers, and artists?
    • A. 

      Patent

    • B. 

      Trademark

    • C. 

      Copyright

    • D. 

      Trade secret

  • 3. 
    Antitrust laws are aimed at
    • A. 

      Preventing monopolies.

    • B. 

      Preventing workers from being required to join a union.

    • C. 

      Encouraging business development through favorable tax policies.

    • D. 

      Reducing or removing formal trade barriers.

  • 4. 
    Property taxes primarily fund
    • A. 

      Police departments

    • B. 

      Fire departments

    • C. 

      Public schools

    • D. 

      Public works

  • 5. 
    **THERE MAY BE MORE THAN ONE ANSWER. IF RESPONSIBILITY IS SHARED, CLICK ALL THAT APPLY** Which level(s) of government is/are responsible for regulating foreign commerce?
    • A. 

      Local

    • B. 

      State

    • C. 

      Federal

  • 6. 
    **THERE MAY BE MORE THAN ONE ANSWER. IF RESPONSIBILITY IS SHARED, CLICK ALL THAT APPLY** Which level(s) of government is/are responsible for regulating interstate commerce?
    • A. 

      Local

    • B. 

      State

    • C. 

      Federal

  • 7. 
    **THERE MAY BE MORE THAN ONE ANSWER. IF RESPONSIBILITY IS SHARED, CLICK ALL THAT APPLY** Which level(s) of government is/are responsible for public schools?
    • A. 

      Local

    • B. 

      State

    • C. 

      Federal

  • 8. 
    **THERE MAY BE MORE THAN ONE ANSWER. IF RESPONSIBILITY IS SHARED, CLICK ALL THAT APPLY** Which level(s) of government is/are primarily responsible for public schools?
    • A. 

      Local

    • B. 

      State

    • C. 

      Federal

  • 9. 
    Conservation is
    • A. 

      Using scarce resources responsibly.

    • B. 

      Not using scarce resources.

    • C. 

      Using scarce resources as fast as possible

  • 10. 
    A monopoly exists when
    • A. 

      One business controls the market for a product or service.

    • B. 

      Many businesses share control of the market for a product or service.

    • C. 

      One person owns many businesses.

    • D. 

      You go directly to jail without passing Go!

  • 11. 
    Ethics are
    • A. 

      Doing whatever actions you can get away with.

    • B. 

      Always a waste of time and money.

    • C. 

      A way to prevent businesses from being successful.

    • D. 

      Principles of morality or rules of conduct.

  • 12. 
    Which of these is NOT a function of government?
    • A. 

      Regulating utilities.

    • B. 

      Raising revenue.

    • C. 

      Hiring private-sector workers.

    • D. 

      Buying goods and services.

  • 13. 
    The Equal Employment Opportunity Commission enforces
    • A. 

      Antidiscrimination laws.

    • B. 

      Environmental protection laws.

    • C. 

      Workplace safety laws.

    • D. 

      Labor standards.

  • 14. 
    The Environmental Protection Agency enforces
    • A. 

      Antidiscrimination laws.

    • B. 

      Environmental protection laws.

    • C. 

      Workplace safety laws.

    • D. 

      Labor standards.

  • 15. 
    The Occupational Safety and Health Administration enforces
    • A. 

      Antidiscrimination laws.

    • B. 

      Environmental protection laws.

    • C. 

      Workplace safety laws.

    • D. 

      Labor standards.

  • 16. 
    The National Labor Relations Board enforces
    • A. 

      Antidiscrimination laws.

    • B. 

      Environmental protection laws.

    • C. 

      Workplace safety laws.

    • D. 

      Labor standards.

  • 17. 
    Interstate commerce takes place between
    • A. 

      Businesses and people in one state.

    • B. 

      Businesses and people in more than one state.

    • C. 

      Businesses and people in more than one country.

    • D. 

      Businesses and people in more than one star system.

  • 18. 
    Intrastate commerce takes place between
    • A. 

      Businesses and people in one state.

    • B. 

      Businesses and people in more than one state.

    • C. 

      Businesses and people in more than one country.

    • D. 

      Businesses and people in more than one star system.

  • 19. 
    International (or foreign) commerce takes place between
    • A. 

      Businesses and people in one state.

    • B. 

      Businesses and people in more than one state.

    • C. 

      Businesses and people in more than one country.

    • D. 

      Businesses and people in more than one star system.

  • 20. 
    Interstellar commerce takes place between
    • A. 

      Businesses and people in one state.

    • B. 

      Businesses and people in more than one state.

    • C. 

      Businesses and people in more than one country.

    • D. 

      Businesses and people in more than one star system.

  • 21. 
    Pollution is
    • A. 

      Asking what people think about a certain issue.

    • B. 

      People tainting the environment with the by-products of their actions.

    • C. 

      A thin column used to support things like flags.

    • D. 

      A Mexican dish which includes chicken.

  • 22. 
    Which of these government agencies collects information useful to businesses?
    • A. 

      Library of Congress

    • B. 

      U.S. Patent and Trademark Office

    • C. 

      U.S. Census Bureau

    • D. 

      Office of Management and Budget

  • 23. 
    A trademark is
    • A. 

      The creative expression of an idea.

    • B. 

      A new and useful device or process.

    • C. 

      An obscure development that no other person or business will discover.

    • D. 

      A word, letter or symbol linked with a specific company or product.

  • 24. 
    **THERE MAY BE MORE THAN ONE ANSWER. CLICK ALL THAT APPLY** In which type of economic system does government play a role?
    • A. 

      Market

    • B. 

      Command

    • C. 

      Traditional

  • 25. 
    Contracts
    • A. 

      Need not be accepted to be valid.

    • B. 

      Must be for a product or service that is legal to be sold.

    • C. 

      Must be written to be valid.

    • D. 

      Can be entered into by any two U.S. citizens.

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