Social Responsibility
Examples would include air pollution, water pollution and land pollution control strategies:
What is Responsibility toward the environment?
The main reason why someone becomes an entrepreneur is because:
They want to be their own boss.
Owners of a corporation are called ______________________.
Who are shareholders or stockholders?
A government agency charged with assisting small businesses succeed.
What is the SBA?
When your behavior is conforming to generally accepted social norms concerning beneficial and harmful actions:
What is Ethical Behavior?
When a company has detailed strategies to address Consumer Rights, unfair pricing and Ethics in advertising, they are addressing this:
What is Responsibility toward Customers?
Two main advantages of sole-proprietorship are:
What is the name of the document in which an entrepreneur summarizes his or her business strategy for a proposed new venture?
What is a Business Plan
When a company sets up an independent unit that is a company for profit- this is known as:
What is a spin-off?
Your company regularly exceeds legal minimums in relation to social responsibility, they are projecting this stance:
What is Accommodative Stance?
Strategies to address legal and social commitments, ethics as well- means the company is
What is showing Responsibility toward employees?
You have discovered that there are no snow ball stands scheduled to be open in your area this summer, and everybody loves snowballs. This is an example of:
_____________________ is legally considered a separate entity from its owners and is liable for its own debts
What is a Corporation?
What is an E-commerce business
When your company meets only the minimal legal requirements in relation to social responsibility, they are in this stance:
What is Defensive Stance?
Your company is addressing the following concerns, insider trading and misrepresenting finances, indicating a responsibility toward?
What is the Investor?
Two of the business types we studied have Unlimited Liability. What is the name of one of these?
What is a sole-proprietorship or a general partnership?
If you start a business by ___________________________, you may be obligated to contribute a percentage of the sales to a parent corporation.
What is Franchising?
A strategic alliance that involves shared ownership
What is a Joint Venture?
When your company actively seeks opportunities to contribute to the well-being of groups or individuals:
What is Proactive Stance
Companies can take on a stance toward social responsibility, there are four given. What are two?
What are: Accommodative Stance;
Defensive Stance;
Obstructionist Stance;
Proactive Stance
When a big business leader leaves the corporate world to start their own small business:
What is Crossover?
What type of corporation are those comprised of doctors, lawyers or accountants most likely to be?
What is a Professional Corporation?
Business that may receive some of their investment fund from the federal government to support small businesses
What is SBIC?
What is Small Business Investment Company
When a company does as little as possible and may attempt to deny or cover up violations to social responsibility
What is Obstructionist Stance?