Business Ethics (Edexcel A-Level Business): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What level of decisions does business ethics primarily examine?
What level of decisions does business ethics primarily examine?
Strategic decisions by senior management
How do legal requirements relate to ethical standards in business?
How do legal requirements relate to ethical standards in business?
Laws set minimum standards; ethics extend beyond
Which issue involves worker exploitation in emerging economies?
Which issue involves worker exploitation in emerging economies?
Low wages and poor working conditions
What distinguishes explicit from implicit ethical objectives?
What distinguishes explicit from implicit ethical objectives?
Explicit are publicly stated; implicit are cultural
What does Corporate Social Responsibility (CSR) recognize?
What does Corporate Social Responsibility (CSR) recognize?
Responsibilities extend to all stakeholders
What is a key characteristic of CSR audits?
What is a key characteristic of CSR audits?
Voluntary with no universal standards
What was the 2015 living wage rate (outside London)?
What was the 2015 living wage rate (outside London)?
£7.85 per hour
Which is a purpose of remuneration for businesses?
Which is a purpose of remuneration for businesses?
Attracting skilled employees and maximizing output
How can ethical behavior increase business costs?
How can ethical behavior increase business costs?
By paying higher wages than legally required
What marketing benefit can ethical stances provide?
What marketing benefit can ethical stances provide?
Attracting like-minded customers