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End of Chapter Video Quiz
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1
In which approach do companies and their managers behave legally and ethically and try to balance the interests of different stakeholders?
A)defensive approach
B)proactive approach
C)accommodative approach
D)societal approach
E)none of the above.
2
The trust, goodwill, and confidence others have in a company that may lead them to do business with it is called:
A)public interest
B)proactivity
C)customer sensitivity
D)reputation
E)trust
3
When a company is dissolved and its remaining assets go to pay its creditors and owners, the company has filed for:
A)Chapter 11 bankruptcy
B)Chapter 7 bankruptcy
C)Chapter 6 bankruptcy
D)Chapter 4 bankruptcy
E)None of above
4
Standards that govern how members of a society should deal with each other in matters involving issues such as fairness, justice and poverty are called:
A)occupational ethics
B)societal ethics
C)individual ethics
D)organizational ethics
E)social responsibility
5
Property rights to the name of a product or the company that produces it are called:
A)copyrights
B)trademarks
C)patents
D)fair use rights
E)brands





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