Professional Documents
Culture Documents
Business Ethics and Social Responsibility ABM A Answersheet Summative
Business Ethics and Social Responsibility ABM A Answersheet Summative
Directions: Choose the letter that corresponds the correct answer. Write your answer on the space provided.
_______1. Which of the following is a business owned by only one person and is the simplest form of business
organization?
A. sole proprietorship B. partnership
C. corporation D. cooperative
_______2. It is a business owned by two or more persons who contribute resources into the entity.
A. sole proprietorship B. partnership
C. corporation D. general partnership
_______3. A business owned by two or more people, with a maximum of 20 owners, who have agreed to share all assets,
liabilities, profits, and losses of a company. Which of the following best describe the statement?
A. sole proprietorship B. partnership
C. limited partnership D. general partnership
_______4. It requires two or more individuals agreeing to start a business where one or more of the partners are liable only
for the amount they have invested.
A. sole proprietorship B. partnership
C. limited partnership D. general partnership
_______5. Which among the form of business organization that has a separate legal personality from its owners?
A. sole proprietorship B. partnership
C. corporation D. cooperative
_______6. What process that seeks to identify both the social and the economic needs within a community and seek to
create strategies that will address those needs in ways that are practical and in the best interests of the community
over the long run.
A. Sustainable Development B. Socio-economic Development
C. Business Development D. All of these
_______7. Which of the following role of Sole/Single proprietorship in which sole owners deliver the merchandise to
consumers at their doorsteps.
A. Job Creation B. Supply of Quality Goods
C. Provide Investment Avenue D. Helpful to Consumers
_______8. Which role to socio-economic development is common to all forms of business organization?
A. Job Creation B. Better Jobs in terms of compensation and stability
C. Employment D. All of these
_______9. Which of the following is NOT part of the role of a partnership to socio economic development?
A. Provide Employment B. Production of Goods and Services
C. Help Small Producers D. Increase in Government’s Revenue
_______10. What is your analysis of the given statements below?
Statement 1: Corporation seeks employment stability as a means of achieving high commitment, high
involvement, and flexibility among their employees.
Statement II: Tax is a revenue of the government that funds government expenditures and program.
A. Both Statements are true B. Only Statement 1 is true
C. Only Statement II is true D. Both Statements are false
_______11. Mr. Salcedo obediently follows proper rules and regulations required by the law in creating his own business.
What part of the code of ethics does he follow?
A. Compliance B. Confidentiality
C. Fairness D. Conflict of interest
_______12. The owner of XYZ Electronics practices the avoidance of unfair advantage of anyone particularly the
customers. What part of the code of ethics does the owner follow?
A. Conflict of interest B. Competition and fair dealing
C. Fairness D. None of these are correct
• Organizing
• Organization chart
• Division of labor
2. What are the different types of organization structure and give example?
3. Illustrate sample of each type of business organization granting that you are a
part of Management Advisory Team providing services to different companies
with regards to their company’s profile.
4. Label your illustration and state who are responsible for each department or
Division
PERFORMANCE TASK:
DIRECTIONS:
1. DRAW/ ILLUSTRATE AN ART PIECE USING PAINTING AS ITS MEDIUM.
2. USE THE MATERIALS OF KATCHA, CANVAS, TARPUALIN AS YOUR ILLUSTRATION MATERIALS.
3. USE COLORING MATERIALS SUCH AS: ACRYLIC PAINT, CHARCOAL, PENCIL, WATER COLOR AND ETC.
4. TAKE A PICTURE OF IT AND STORE THIS IN CASE IT WAS NOT GRADE. PASS YOUR ART WORK TO YOUR
ADVISER.
RUBRICS: