QUIZ 1

1. WHAT ARE THE TWO MOST COMMON TYPES OF UNETHICAL PRACTICES OF

BUSINESS ESTABLISHMENTS AS FAR AS THE PRODUCTS OR CUSTOMERS
ARE CONCERNED?
• Misleading Product Information, businesses have exaggerated on the qualities of
their products and downplayed the inferior features to make them more salable and
Defamation of a competitor which gives a wrong impression to the consumers
about the competitor and its products.

2. WHAT IS “INTERLOCKING DIRECTORSHIP” AND WHY COULD IT LEAD TO

UNETHICAL ACTIONS OF A MEMBER OF THE BOARD OF DIRECTORS?
• Interlocking directorship is a business practice in which a member of the board of
directors of one company either sits on the board of another company or on the
board of directors of another company. It leads to unethical actions of a member of
the board of directors because In particular cases, the interlocking system was
abolished, allowing a few board members over - the-counter control of the
company.