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CEV70070 - Business Concepts Quiz #2

True/False
Indicate whether the statement is true or false.
 

 1. 

There are many types of social responsibilities that businesses need to be aware of. One of these is Conservation and Recycling. Recycling of consumer products has become more common today than it was in the past.
 

 2. 

A socially responsible business will enact product recalls of unsafe products before it is required by the government or because of legal action taken by consumers.
 

Multiple Choice
Identify the choice that best completes the statement or answers the question.
 

 3. 

Businesses can be categorized as to whether they provide goods or services. Service companies can be broken into four general categories. Which category below is NOT a common classification category for service oriented businesses?
a.
Political Services
d.
Information Services
b.
Business Services
e.
Internet Services
c.
Professional Services
 

Completion
Complete each statement.
 

 4. 

Businesses associated with government agencies are considered public sector employers and businesses not associated with government agencies are considered ___________________ sector employers.
 

 

 5. 

_______________________ Demand is when demand for a product by consumers helps create demand for the product by the retailer from the wholesaler or the industrial market.
 

 

 6. 

_________________________ are firms taking something from the Earth or sea.
 

 

 7. 

______________________ is any business activity using electronic communication when goods and services are exchanged.
 

 

 8. 

There are many types of social responsibilities that businesses need to be aware of. One of these is Air and Water Pollution. The EPA is the government agency that enforces the laws to ensure companies cannot harm the environment. What does EPA stand for?

___________________________________________________________________
 

 

 9. 

There are many types of social responsibilities that businesses need to be aware of. One of these is Business Ethics. The AMA, for example, has a code of ethics that all business that belong to this group are supposed to follow. AMA stands for....


___________________________________________________________________
 

 

Short Answer
 

 10. 

There are many types of social responsibilities that businesses need to be aware of. One of these is Green Marketing. What is Green Marketing?

____________________________________________________________________

____________________________________________________________________

____________________________________________________________________

____________________________________________________________________
 



 
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