Question 1

PRO factors include

Accepted Answer

A) products,resources,and outputs. 
B) products,representatives,and organizations 
C) people,resources,and outputs. 
D) performance,relationships,and options. 
A) products,resources,and outputs. 
B) products,representatives,and organizations 
C) people,resources,and outputs. 
D) performance,relationships,and options. B

Question 2

Entrepreneurs should think carefully about their community commitments because charitable acts may be a _________ to the organization.

Accepted Answer

burden,or financial burden

Question 3

A digital ID tag that is electronically sent to the customer's computer when other requested materials are downloaded from a Web site is known as

Accepted Answer

A) a cookie. 
B) a saucer. 
C) an inverted collector. 
D) a contact signature. 
A) a cookie. 
B) a saucer. 
C) an inverted collector. 
D) a contact signature. A

Question 4

U.S.Government assistance is available to lead the entrepreneur in compliance with environmental law through the

Accepted Answer

A) Small Business Administration. 
B) Department of Energy. 
C) Department of Commerce. 
D) Interior Department. 
A) Small Business Administration. 
B) Department of Energy. 
C) Department of Commerce. 
D) Interior Department.

Question 5

Carlos understands that cultures develop different standards and practices that govern how business is conducted.He is careful to observe local customs when he interacts with foreign companies.Carlos is practicing ___________ _____________.

Accepted Answer

The answer of Carlos understands that cultures develop different standards...

Question 6

Milton Friedman believed the only ________ ____________ of a business is to make a profit while operating within the rules of the game.

Accepted Answer

social res

Question 7

The purpose of the Better Business Bureau is:

Accepted Answer

A) to provide an outlet for customer complaints about a business. 
B) to promote ethical conduct on the part of all businesses in a region. 
C) to report relevant information to law enforcement agencies. 
D) to impose penalties on companies that engage in unethical business practices. 
A) to provide an outlet for customer complaints about a business. 
B) to promote ethical conduct on the part of all businesses in a region. 
C) to report relevant information to law enforcement agencies. 
D) to impose penalties on companies that engage in unethical business practices.

Question 8

Clark,the owner of DEF LLC,bragged about hiding company income from the IRS but was surprised when he learned his sales manager was accepting kickbacks from customers.Clark should have remembered:

Accepted Answer

A) kickbacks are common in his industry. 
B) lapses in integrity can easily be passed down from superiors to subordinates. 
C) his sales manager could alert the IRS and Clark could be prosecuted for tax evasion. 
D) bragging nearly always leads to trouble. 
A) kickbacks are common in his industry. 
B) lapses in integrity can easily be passed down from superiors to subordinates. 
C) his sales manager could alert the IRS and Clark could be prosecuted for tax evasion. 
D) bragging nearly always leads to trouble.

Question 9

Environmentalism poses the greatest threat to small

Accepted Answer

A) medical waste disposal businesses. 
B) drugstores. 
C) movie theaters. 
D) auto repair shops. 
A) medical waste disposal businesses. 
B) drugstores. 
C) movie theaters. 
D) auto repair shops.

Question 10

A U.S.manager is upset with the company's overseas representative for paying a small "access fee" to a local customs official to ensure the expedited release of a customer order.The manager's belief such payments are wrong reflects a sense of _____.

Accepted Answer

A) cultural insensitivity 
B) ethical elitism 
C) ethical imperialism 
D) cultural integrity 
A) cultural insensitivity 
B) ethical elitism 
C) ethical imperialism 
D) cultural integrity

Question 11

Abner sometimes shorts the customer when weighing out bulk merchandise,believing the practice leads to higher profits so it is acceptable.We could infer that

Accepted Answer

A) Abner lacks integrity. 
B) Abner is not an entrepreneur. 
C) Abner cheats on his taxes. 
D) Abner is skimming. 
A) Abner lacks integrity. 
B) Abner is not an entrepreneur. 
C) Abner cheats on his taxes. 
D) Abner is skimming.

Question 12

Rhoda,the bookkeeper for a small company,has been diverting company funds into her personal bank account.Rhoda is engaging in ____________.

Accepted Answer

The answer of Rhoda,the bookkeeper for a small company,has been...

Question 13

Damon landed his first contract as an entrepreneur then submitted to the local newspaper a news release that gave the impression this was just one of a series of contracts and that business was booming.Damon has:

Accepted Answer

A) told a legitimacy lie. 
B) inflated his income. 
C) evaded taxes. 
D) violated the law. 
A) told a legitimacy lie. 
B) inflated his income. 
C) evaded taxes. 
D) violated the law.

Question 14

While unethical practices do exist,it is good that the great majority of small firms strive to achieve the highest standards of ____ in their quest for profits.

Accepted Answer

A) integrity 
B) relativism 
C) synchronous behavior 
D) congruity 
A) integrity 
B) relativism 
C) synchronous behavior 
D) congruity

Question 15

When her employees review a situation,they sometimes ask themselves,"What would Marcella do in this situation?" They know her __________ ____________ have helped to build the business on a foundation of integrity and serve as a guide for their own decisions.

Accepted Answer

The answer of When her employees review a situation,they sometimes...

Question 16

Among the many __________ of any small business are owners,employees,and customers.

Accepted Answer

The answer of Among the many __________ of any small...

Question 17

Members of a community will react _____ to a business they trust.

Accepted Answer

A) negatively 
B) positively 
C) indifferently 
D) indecisively 
A) negatively 
B) positively 
C) indifferently 
D) indecisively

Question 18

Waverly Corporation ensures the temperature of water released back into the river is the same temperature as water drawn from the river for its production needs.It does the same for its exhausted air.Its products are made with a minimal environmental impact and it has won many awards in its industry.Waverly Corporation is an example of a __________ ______ ________.

Accepted Answer

sustainabl

Question 19

Annabelle often shops for clothing and household goods online while at work.Which of the following best describes this situation?

Accepted Answer

A) Abusive behavior 
B) Lying to employees 
C) Improper use of company resources 
D) Inappropriate Internet use at work 
A) Abusive behavior 
B) Lying to employees 
C) Improper use of company resources 
D) Inappropriate Internet use at work

Question 20

Providing inaccurate or misleading financial information to stakeholders can:

Accepted Answer

A) damage critical relationships. 
B) reduce profits. 
C) increase profits. 
D) enhance critical relationships. 
A) damage critical relationships. 
B) reduce profits. 
C) increase profits. 
D) enhance critical relationships.

Exam 2: Integrity, ethics, and Social Entrepreneurship

PRO factors include

Entrepreneurs should think carefully about their community commitments because charitable acts may be a _________ to the organization.

A digital ID tag that is electronically sent to the customer's computer when other requested materials are downloaded from a Web site is known as

U.S.Government assistance is available to lead the entrepreneur in compliance with environmental law through the

Carlos understands that cultures develop different standards and practices that govern how business is conducted.He is careful to observe local customs when he interacts with foreign companies.Carlos is practicing ___________ _____________.

Milton Friedman believed the only ________ ____________ of a business is to make a profit while operating within the rules of the game.

The purpose of the Better Business Bureau is:

Clark,the owner of DEF LLC,bragged about hiding company income from the IRS but was surprised when he learned his sales manager was accepting kickbacks from customers.Clark should have remembered:

Environmentalism poses the greatest threat to small

A U.S.manager is upset with the company's overseas representative for paying a small "access fee" to a local customs official to ensure the expedited release of a customer order.The manager's belief such payments are wrong reflects a sense of _____.

Abner sometimes shorts the customer when weighing out bulk merchandise,believing the practice leads to higher profits so it is acceptable.We could infer that

Rhoda,the bookkeeper for a small company,has been diverting company funds into her personal bank account.Rhoda is engaging in ____________.

Damon landed his first contract as an entrepreneur then submitted to the local newspaper a news release that gave the impression this was just one of a series of contracts and that business was booming.Damon has:

While unethical practices do exist,it is good that the great majority of small firms strive to achieve the highest standards of ____ in their quest for profits.

When her employees review a situation,they sometimes ask themselves,"What would Marcella do in this situation?" They know her __________ ____________ have helped to build the business on a foundation of integrity and serve as a guide for their own decisions.

Among the many __________ of any small business are owners,employees,and customers.

Members of a community will react _____ to a business they trust.

Annabelle often shops for clothing and household goods online while at work.Which of the following best describes this situation?

Providing inaccurate or misleading financial information to stakeholders can:

The Entrepreneurial Lifethe Entrepreneurial Life

Starting a Small Business

Franchises and Buyouts

The Family Business

The Business Plan: Visualizing the Dream

The Marketing Plan

The Organizational Plan: Teams, legal Structures, alliances, and Directors

The Location Plan

Understanding a Firms Financial Statements

Forecasting Financial Requirements

A Firms Sources of Financing

Planning for the Harvest

Building Customer Relationships

Product Development and Supply Chain Management

Pricing and Credit Decisions

Promotional Planning

Global Opportunities for Small Business

Professional Management and the Small Business

Managing Human Resources

Managing Small Business Operations

Managing the Firms Assets

Managing Risk

Filters

Carlos understands that cultures develop different standards and practices that govern how business is conducted.He is careful to observe local customs when he interacts with foreign companies.Carlos is practicing _ ___.

Milton Friedman believed the only ____ of a business is to make a profit while operating within the rules of the game.

When her employees review a situation,they sometimes ask themselves,"What would Marcella do in this situation?" They know her __ have helped to build the business on a foundation of integrity and serve as a guide for their own decisions.