Business Ethics (Corporate Social Responsibility, Fair Trade)

1. : Business ethics refers to:
(A) Rules for maximizing profits at any cost
(B) Principles that guide moral and fair behavior in business practices
(C) Ignoring the impact of business on society
(D) Favoring personal interests over stakeholders

2. : Corporate Social Responsibility (CSR) means:
(A) A company’s efforts to improve only its financial growth
(B) A company’s commitment to contribute positively to society and the environment
(C) Reducing production costs by ignoring safety rules
(D) Maximizing shareholder wealth without concern for society

3. : Which of the following is an example of CSR?
(A) Donating to community development projects
(B) Polluting rivers to save expenses
(C) Exploiting workers for cheap labor
(D) Ignoring product safety standards

4. : Fair Trade emphasizes:
(A) Free exchange without regulations
(B) Providing fair wages, safe working conditions, and respect for producers
(C) Maximizing profits by underpaying farmers
(D) Selling products without quality checks

5. : Why is CSR important for businesses?
(A) It removes all financial risks
(B) It builds trust, improves reputation, and benefits society
(C) It guarantees instant profits
(D) It allows companies to avoid legal rules

6. : Which phrase is most closely related to fair trade?
(A) “People over profit”
(B) “Profit at any cost”
(C) “Exploit to compete”
(D) “Ignore producers’ rights”

7. : A company ensuring eco-friendly packaging is practicing:
(A) Corporate Social Responsibility
(B) Workplace Harassment
(C) Dishonesty in business
(D) Irresponsibility

8. : Which of the following is a benefit of fair trade?
(A) Exploitation of small producers
(B) Sustainable livelihoods and fair wages for workers
(C) Reduced quality control
(D) Increased income inequality

9. : Which of the following is NOT a principle of business ethics?
(A) Honesty and fairness
(B) Respect for stakeholders
(C) Environmental responsibility
(D) Exploitation of workers for profit

10. : Which of these is the best example of combining CSR and fair trade?
(A) A coffee company paying fair wages to farmers and investing in community schools
(B) A company polluting rivers while increasing profits
(C) A retailer underpaying suppliers to cut costs
(D) A business ignoring safety standards to save money