Business Ethics and Social Responsibility

Final Examination

Name (Surname, Firstname, Middle Initial)

Student Number Section Date (dd-mm-yyyy)

- - - SCORE

Test I. Multiple Choices.

Directions: Select the best answer from the given choices. Write your answer on the space
provided before each number. (1 point each)
_______1. Which of the following is NOT an example of consumer rights?
A. Right to safety.
B. Right to information.
C. Right to be heard.
D. Right to choose.
_______2. It refers to the employee’s right to be heard before a decision for termination is made.
A. Right to basic needs.
B. Right to safety.
C. Right to be heard.
D. Due process.
_______3. Which of the following BEST philanthropic obligation?
A. It is defined as a concerted initiative to contribute to sustainable development through
efforts that are economically, socially, and environmentally beneficial to stakeholders.
B. An obligation wherein companies are expected to be ethical in their dealings with
stakeholders, especially the general public.
C. It is an obligation of a company to help the community in worthwhile projects which are
beneficial to the people in the community.
D. No correct answer.
_______4. Which of the following is TRUE about patent?
A. It is a right given to an inventor.
B. It is a sign or symbol which differentiate product or services from another.
C. It is a defined as the giving of gifts or favors to influences a person’s decision.
D. No correct answer.
_______5. The following are the aspects of corporate social responsibility EXCEPT for?
A. Ethical obligation.
B. Concentric obligation.
C. Economic obligation.
D. Philanthropic obligation.
_______6. Which of the following is NOT a model of corporate social responsibility?
A. Pyramid model
B. Intersecting circle model
C. Concentric circle model
D. No correct answer

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 Business Ethics and Social Responsibility
Final Examination

_______7. It This environmental principle states that a company becomes successful if it sustains
competitive advantage but a same time complies with the law.
A. Dark green
B. Shareholder green
C. Light green
D. Market green
_______8. This principle propagates leadership in the industry through a high level of commitment to
preserve the environment.
A. Light green
B. Shareholder green
C. Dark green
D. Market green
_______9 This principle promotes the creation of products and services that cater to the environmental
preferences of consumers.
A. Market green
B. Shareholder green
C. Light green
D. Dark green
_______10. This principle has a darker shade than green market because it focuses on a bigger group.
A. Dark green
B. Market green
C. Light green
D. Shareholder green

Test II. True or False.

Directions: Write TRUE if the statement is correct, otherwise, write FALSE. Write your
answer on the space provided before each number. (2 points each).
_______11. Corporate social responsibility is also related to sustainable development.
_______12. Pyramid model emphasizes the levels of expectations of people comprising the aspect of
corporate social responsibility.
_______13. Patent is a sign or combination of signs in the form of words, numerals, pictures, shapes,
and colors.
_______14. Entrepreneurs have social responsibility towards suppliers.
_______15. Providing a good working condition is a social responsibility of entrepreneurs towards
employees.
_______16. Trademark is an example of intellectual property rights.
_______17. Conflict of interest is defined as the giving of gifts or favors to influence a person’s or a
company’s decision.
_______18. Tax evasion is the deliberate failure to pay taxes due to a business.
_______19. Tax avoidance is a tactic used for deliberately finding a way to avoid payment of taxes or
pay lower taxes by using methods such as transferring to a city where taxes are lower.
_______20. Not many companies are opting to go for market green principle because it propagates
leadership in the industry through a high level of commitment to preserve the environment.

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 Business Ethics and Social Responsibility
Final Examination

Test III. Essay

Directions: Discuss and explain the following question/statement below. Limit your answer
to five (5) to fifteen (10) sentences only. Write your answer on the space after the questions.
(10 points each).
Criteria for scoring
Criteria Description Percentage

Content The presence of ideas developed through facts, 30%

examples, details, opinions and explanations.
The display of logically organized and well-
Organization 25%
structured order of ideas.
The single controlling point made with an
Focus 25%
awareness of task about a specific topic
Grammar, mechanics, spelling and sentence
Convention 20%
formation.

1. Discuss and explain the reason/s why do business owners/sellers should fully understand
the consumer rights.
2. Why is it important for today’s generation of businessmen/woman to protect the
environment.
3. In your own opinion, which among the models of corporate social responsibility is the best
representation of showing the relationship of the aspects of corporate social responsibility.

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