Republic of the Philippines

Department of Education
REGION XII - SOCCSKSARGEN
SCHOOLS DIVISION OFFICE OF COTABATO
LIBUNGAN HIGH SCHOOL
S.Y. 2022-2023

BUSINESS ETHICS AND SOCIAL RESPONSIBILITY

Name: _________________________________________ Date: ___________

Year & Section: __________________________________ Score: __________

General Directions: Read each of the following questions carefully. Write your answers clearly in the space provided.
I. Multiple Choices: Select the letter that corresponds to the correct answer and write it in the space provided before the number.
1. The branch of philosophical thinking that investigates the set of questions that arises when one considers how to act.
a) Ethics b) Deontological ethics c) Virtue ethics d) Logic

2. _____ is essential to business survival, job creation and it contributes to and boosts the economy.
a) Product b) Profitability of the business c) Marketing d) Selling

3. A person who uses opportunities to organize and operate a business and accepts the risks of operating a business is called
______.
a) Employer b) marketer c) businessman d) entrepreneur

4. The word entrepreneur first appeared in the French dictionary in what year?
a) 1273 b) 1523 c) 1753 d) 1723

5. What is a business organization?

a) Group of individuals systematically united for the accomplishment of a common purpose or undertaking
b) Group of individuals who undertakes and manages a business by taking a financial risk
c) Group of businesses which were organized to help each other’s businesses
d) Group of entrepreneurs who operate business to fulfill their personal needs

6. Which of the following describes the main role of business organizations in the society?
a) Create wealth. c) Provide products and services.
b) Provide employment. d) Create more business establishments.

7-11. Choose which principles correspond to the policies. Write only the letter of your choice on the space provided.

A. FAIRNESS B. ACCOUNTABILITY C. TRANSPARENCY

Policies Principles
Employee Conduct 7.
Equal Opportunity 8.
Attendance and Time Off 9.
Computer Use 10.
Noncompetition 11.

12. Which of the following government agencies is responsible for adequate supervision over business organizations’ activities
and operations?
a) DTI b) NBI c) SEC d) PSE

13. Under what Corporation Code of the Philippines states that corporation are established, not only for private gains but also as
“effective partners of the government in spreading the benefits of capitalism for the social and economic development of the
nation”.
a) Batas Pambansa Bilang 58 c) Batas Pambansa Bilang 68
b) Batas Pambansa Bilang 78 d) Batas Pambansa Bilang 98

14. Which of the following best describes the effect of business organization in the society?
a) They create a cleaner and greener environment.
b) They serve as venue for young marketers to showcase their skills.
c) They create more high arcing buildings for government officials and businesses.
d) They serve as catalyst to generate more income and jobs that boost the economy.

SHIERY MAE C. FALCONITIN

 Republic of the Philippines

Department of Education
REGION XII - SOCCSKSARGEN
SCHOOLS DIVISION OFFICE OF COTABATO
LIBUNGAN HIGH SCHOOL
S.Y. 2022-2023
15-18. Choose which of the corporate culture of the companies cited below if it’s (a) Team-oriented culture, (b)Elite culture,
(c)Horizontal culture, or (d)Conventional culture. Write only the letter of your answer on the space provided
before the number.
_______________15. Google is known for hiring only the best people to join its ranks.
_______________16. BDO gives its employees a cash subsidy for the purpose of purchasing their company uniforms.
_______________17. Netflix gives its employees unlimited family leave and doesn’t care about the hours spent in the
office, but rather care about what is accomplished.
_______________18. Pinterest mined data from the pin boards of each of its employees to find shared interests
between them.

19. Sole proprietorship is best defined as_______.

a) when to or more individuals come together, contribute resources to form a business
b) an entity that is legally recognized as separate and distinct from its owners
c) a business owned and controlled by all the members of the business
d) a business owned by a single individual

20. Which of the following is a common core principle in a code of ethics?

a) Maximizing profits for the organization
b) Treating others with respect and dignity
c) Pursuing personal gain at the expense of others
d) Following laws and regulations only when convenient

21. Which of the following is a potential benefit of having a code of ethics?

a) Facilitating illegal activities and cover-ups
b) Promoting excessive materialism and greed
c) Providing guidance for ethical decision-making
d) Encouraging unethical behavior among employees

22. How does a code of ethics promote ethical behavior?

a) By prioritizing profits over ethics
b) By enforcing strict rules and regulations
c) By providing guidance for ethical decision-making
d) By encouraging unethical behavior for financial gain

23. This philosopher believes that philosophy should achieve practical results for the greater good of society.
a) Aristotle c) Plato
b) Confucius d) Socrates

24. According to him, one can be taught a virtue or qualities every person should have.
a) Aristotle c) Plato
b) Confucius d) Socrates

25. This document defines the ownership, operating procedures, and conditions of the business?
a) Article of Incorporation and By-laws c) Bible
b) Blue book d) Corporate book

26. The following were norms in the past but are no longer morally acceptable now, except _______.
a) bribery c) sexism
b) racism d) slavery

27. Whose philosopher stated that “The whole is greater than the sum of its parts” as support for partnership?
a) Aristotle c) Plato
b) Confucius d) Socrates

28. Which of the following sayings wrote by Philosopher named Plato?

a) “Knowledge is not a virtue”.
b) “True knowledge exists in knowing that you know nothing”.
c) “All the gold which is under or upon the earth is not enough to give in exchange for virtue”.
d) “We are not studying in order to know what virtue is, but to become good, for otherwise there would be no profit in it”.

SHIERY MAE C. FALCONITIN

 Republic of the Philippines

Department of Education
REGION XII - SOCCSKSARGEN
SCHOOLS DIVISION OFFICE OF COTABATO
LIBUNGAN HIGH SCHOOL
S.Y. 2022-2023
29. Which of the following inappropriate practices and policies designed to harm others and withhold the rights of an individual?
a) violence c) destructiveness
b) humiliation d) discrimination

30. Which of the following best describes that the classical philosophies help in the business setting?
a) It provides the organization with a set of desirable characteristics for each member to follow.
b) It provides a venue for the employees to share their own philosophy on life.
c) It provides accurate judgments on what is right or wrong, just and unjust.
d) It provides adequate solutions to problems faced by business individuals.

31. The word Islam (salam) is literally interpreted as_______.

a) Enlightenment c) Peace
b) Justice d) Purity

32. What is the sixth commandment in the ten commandments?

a) Thou shall not steal c) Thou shall not commit adultery
b) Thou shall not kill d) Honor you mother and father

33. He was a Jew who was born in 1 CE in Bethlehem to an Israelite virgin named Mary who becomes miraculously pregnant.
a) John the Baptist c) Joseph
b) Jesus Christ d) Peter

34. It is the holy book and a product of divine inspiration and considered by believers as the infallible word of God.
a) Bible c) Torah
b) Gospel d) Qur’an

35. It is the obligation of Jews to avoid poverty by earning a living through gainful employment falls unto what impact of Judaism in
Business Practices?
a) Trading c) Treatment of workers
b) Business in good faith d) right livelihood

36. Which of the following belief systems is best considered as the world’s largest religion with more than two billion followers?
a) Buddhism c) Islam
b) Christianity d) Judaism

37. Which of the following best describes church?

a) Church is the body of a community of believers.
b) A church is a structure used for religious activities and worship.
c) Church is the head of the believers that spread the gospel of the Kingdom.
d) Church is the place where faith is not nurtured and where the Holy spirit manifest itself on earth.

38. Which of the following statements is true based on the belief system in business?
I. Heaven is the destination of believers.
II. Bible is not a collection of scriptures sacred in Christianity.
III. Jesus is also known as the Son of God, Light of the world, Lamb of God, and Good Shepherd.
IV. A church is the place where faith is not nurtured and where the Holy spirit manifests itself on earth.

a) I & II c) I & III

b) II & III d) I & IV

39. Who was born in the late 6th century CE an he was orphaned early and was brought up by his uncle?
a) Jesus Christ c) Allah
b) Muhammad d) God

40. What do you call the follower of Islam?

a) Muhammad c) Islamic
b) Muslim d) Allah

SHIERY MAE C. FALCONITIN

 Republic of the Philippines

Department of Education
REGION XII - SOCCSKSARGEN
SCHOOLS DIVISION OFFICE OF COTABATO
LIBUNGAN HIGH SCHOOL
S.Y. 2022-2023
41. It is considered an act of worship because it is a form of offering out of gratitude to Allah for the well-being one has fortunately
acquired.
a) The Shahada c) The Zakat
b) The Salat d) The Siyam

42. Which of the following situations refers to the sixth commandment?

a) Jeffrey kills innocent people.
b) Ana steals the class collection.
c) Juan kills his mother and father.
d) Thea honors her father and mother.

43. Bea is a student taking up the degree of Bachelor of Science in Business Administration at Manila University. Bea had a
financial problem to support her education and one of her options was to take illegal money from her classmates. What
possible commandment does Bea violate?
a) Third commandment
b) Seventh Commandment
c) Sixth Commandment
d) Eight Commandment

44. Which of the following is TRUE about the 8th commandment?

a) Thou shall not kill.
b) Love your neighbor.
c) Thou shall not steal.
d) Honor your mother and father.

45. Who examined the relationship of religion and capitalism?

a) Plato c) Max Weber
b) Socrates d) Karl Weber

46. What is the primary impact of Christianity on business practices?

a) A focus on personal gain
b) A focus on maximizing profits
c) A focus on competition and winning
d) A focus on ethical behavior and treating others fairly

47. Which of the following is an example of the impact of Christianity in business practices?
a) Discrimination against certain groups
b) Focus on maximizing profits at any cost
c) Ignoring ethical considerations for financial gain
d) Providing fair wages and benefits to employees

48. Which of the following is a potential positive impact of Christianity on business practices?
a) Promotion of discrimination and bias
b) Promotion of selfishness and individualism
c) Emphasis on maximizing profits at any cost
d) Encouragement of collaboration and teamwork

49. Which of the following is a potential negative impact of Christianity on business practices?
a) Emphasis on social responsibility and community service
b) Promotion of ethical behavior and treating others fairly
c) Promotion of excessive materialism and greed
d) Encouragement of collaboration and teamwork

50. How has Christianity influenced business practices?

a) By advocating for the exploitation of vulnerable populations
b) By encouraging dishonesty and corruption in business dealings
c) By promoting a focus on short-term gains over long-term success
d) By emphasizing the importance of ethical behavior and treating others fairly

"The capacity to learn is a gift; the ability to learn is a skill; the willingness to learn is a choice." - Brian Herbert

SHIERY MAE C. FALCONITIN