1.)In New England in the 1770s, colonists threw the East India Company's tea into the Boston Harbor to protest against the company's monopolistic business practices. Why was this seen as the best, viable act of dissent against monopolistic business practices?

A.)It forced the British government to grant a charter to the colonists.

B.)It limited the supply of tea to the colonies.

C.)It reduced the colonist's demand for tea.

D.)It relocated debts incurred by the colonists.

2.)Mr. Valentine's organization stresses that it does not hesitate to report unethical employee behaviors to the appropriate government agency because they do not want to incur a hefty fine for criminal activity committed by their employees. Mr. Valentine's business is clearly concerned with complying with what legal standard?

A.)Consumer Protection Act

B.)Sherman Antitrust Act

C.)Defense Industry Initiative

D.)Federal Sentencing Guidelines for Organizations

3.)Ethical behaviors are ultimately a matter of individual choice and are disconnected from an organization's culture of ethics or support systems.

True or False?

4.)If you are a business owner wishing to avoid excessive government regulations, what should you do?

A.)Ignore any violations so you can claim plausible deniability for employee actions.

B.)Petition the government to leave you alone.

C.)Lobby congress to deregulate your industry in order to avoid scrutiny.

D.)Behave ethically because the more ethical one is, the more freedom one is granted.

5.)Adam Smith was a social philosopher famous for applying the concept of ____to economic concerns.

A.)reason

B.)liberty

C.)equality

D.)fraternity

6.)Why is the total quality management of ethics process helpful for business ethics?

A.)It promotes ethical habit formation through imitation of moral exemplars.

B.)It explains how human beings are designed to conform to the moral law.

C.)It provides a systematic approach to identifying the root cause of unethical actions.

D.)It encourages businesses to maximize worker satisfaction.

7.)How work tasks are segmented and distributed in order to improve efficiency is known as ______.

A.)division of labor

B.)checks and balances

C.)vocational assurance

D.)job preference

8.)By organizing employees to speak with a unitary voice against perceived unethical treatment by the management class, labor unions aim to reduce _______between workers and owners.

A.)cognitive dissonance

B.)class conflict

C.)fatigue

D.)power imbalances

9.)The degree to which moral behavior matters in the pursuit of business goals shapes a business's ______.

A.)employee ethos

B.)organizational culture

C.)good faith actions

D.)pedigree

10.)If you were a labor organizer in the late 1800s advocating for the 8-hour workday, what should you argue to support your goal?

A.)A workday subdivided into a time for work, rest, and personal interests aligns with Smith's ideas.

B.)Diseases are too rampant for factory workers to maintain working such long hours.

C.)There isn't enough daylight to complete all the work during a 16-hour day.

D.)Capitalism demands that people work less in order to live a good life.

11.)Why is the Fifth Amendment important for the conduct of commerce?

A.)It protects the right to property.

B.)It declares that businesses are citizens and have free speech.

C.)It gave the right to vote to anyone who had gainful employment.

D.)It established the privacy clause which limits government interference.

12.)Companies can help reduce income inequality through the use of_____.

A.)performance bonuses

B.)on-site workout centers

C.)free streaming service subscriptions

D.)employee benefits packages