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EXAM G-12

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Joyrelyn Huit
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65 views2 pages

EXAM G-12

Uploaded by

Joyrelyn Huit
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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A. Identification.

Determine whether the people below are WORKING IN


SERVICE,
MANUFACTURING or MERCHANDISING BUSINESS. (2pts each)

________________ 1. real estate dealers

________________ 2. hotel and restaurants

________________ 3. event planners

________________ 4. producers of drugs and other medical products

________________ 5. producers of drugs and other medical products

B. True or False.
Write true if the statement is correct. Otherwise, write false.

________________ 1. A sole proprietor only pays tax once.


________________ 2. A partnership is a legal body that exists independently of its
shareholders.
________________ 3. A self-employed business owner is someone who engages in
a profit-making trade or company.
________________ 4. A nonprofit company is responsible for creating the tangible commodities
that it provide the wholesalers and retailers, and that it sells directly but occasionally to
consumers.
________________ 5. Business organizations exist to meet the demands of their
customers, and they benefit when consumers buy their product and services.
________________ 6. According to Ronald Duska, the motivation and purpose of business are to
create wealth for their owners.
________________ 7. Paul Camenisch proposes that businesses should primarily be
concerned with socioeconomic development.
________________ 8. Business activities can only positively impact people's
opportunities and quality of life.
________________ 9. Local businesses that patronize other companies create a
thriving local economy.
________________ 10. Business organizations enhance the livelihood of community
members by providing skill training.
C. Multiple Choice . Encircle the letter of the correct answer.
1. What is fairness?

A. Something that is beneficial for you. B.something that is beneficial for all of society. C.The
quality of treating people equally. D. None of the above.

2. Stewardship is not limited to money. What other thing that God expects you manage?

a. Education b. Time c. Health

3. What does accountability refer to?

a. Being responsible for one’s action. b. Providing access to information. c. The ability to hire
and fire an employee d. All of the above

4. Which is considered unethical business practice?

a. Training employees unfairly. b. Selling quality product. c. Good word of mouth from
customers. d. All of the above

5. All of the following are considered abusive conduct in the workplace EXCEPT

a. Invading the personal space of co-workers. b. Insulting co-workers. c. Receiving a


performance review from a supervisor. d. Giving nasty gestures at co-workers.

D. ESSAY

1. BUSINESS ORGANIZATION (5pts)

2. Differentiate transparency from confidentiality by providing examples. (10 pts.)

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