Social Responsibility Of Business And Government Quiz
Practice questions for the Chapter 3 Test - Social Responsibility of Business and Government
- 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.
Questions: 80 | Attempts: 3262 | Last updated: Oct 12, 2020
-
Sample QuestionAfter a decision has been rendered in a case, neither party may file an appeal.
Questions: 10 | Attempts: 3012 | Last updated: Oct 5, 2020
-
Sample QuestionYou are a general manager. You receive a telephone call from a man identifying himself as a federal investigator. He tells you that he needs the address, date of birth, and social security number for an associate that he identifies by name. You should:
Questions: 10 | Attempts: 1505 | Last updated: Sep 29, 2020
-
Sample QuestionA key characteristic of entrepreneurs is that they:
Back to top