Social Responsibility
These are the principles of morality or rules of conduct.
What are ethics?
True or False: Companies might be hestitant about initiating CSR practices because of the costs involved.
What is true?
What is the government's primary role in protecting consumers and businesses?
What is enforcing laws and regulations?
What is the legal protection for inventions called?
What is a patent?
True or False: The government is only involved in regulating businesses and not in providing assistance.
What is False.
What practice involves businesses creating inclusive workplaces by hiring from diverse backgrounds?
What is workplace diversity?
With environmental protection being a large component of CSR, many companies will focus on reducing use of these resources which cannot be replaced.
What are nonrenewable resources?
What are the three levels of government involved in business regulation?
What are federal, state, and local governments?
Nike has one of these to protect their swoosh logo.
What is a trademark?
An organization that supplies a service or product vital to all people, examples include water, sewage, and electricity.
What is a public utility?
Proper training of employees and having signage of dangers falls into this category of Social Responsibility for employers.
What is Job Safety?
The Age and Discrimination in Employment Act protects workers over this age from discrimination in hiring practices.
What is 40 years old?
This agency, also known as OSHA, regulates and enfroces safety standards for workplaces.
What is the Occupational Safety and Health Administration?
True or False: The Electric Slide is choreography that cannot be copyrighted because it is considered a common/social dance.
What is true?
This exists when one business controls the market for a product or service.
What is a monopoly?
This ice cream business, based in Vermont, prides itself on being leaders of CSR.
Who is Ben & Jerry's?
It is strongly recommended that companies create this set of rules for guiding the actions of employees or members of an organization.
What is a code of ethics?
What is the difference between criminal and civil cases in business?
What is criminal cases involve prosecution for violating laws, while civil cases involve disputes between businesses or individuals?
What is a common consequence for infringing on someone’s intellectual property?
What are legal penalties (fines) or lawsuits?
These types of laws are passed to promote competition and fairness among businesses.
What are anti-trust laws?
When considering the ethics of business situations, employees should ask themselves this question first.
What is 'Is it legal?'?
If a person serving on a company's board pressured the company to buy items only from businesses that the board member owned or controlled, that would be an example of this.
What is a conflict of interest?
Agreements, competent parties, consideration, and legality are the four basics of ensuring this is enforceable.
What is a contract?
A copyright is valid for the life of the author plus this many years.
What is 70 years?
Instead of using tax revenue for spending, the government might choose to issues these, debts which are backed by the 'full faith and credit' of the federal government.
What are bonds?