BESR-122
(WEEK 11-20)
AMA OED ANSWERS
use ctrl + f to find your questions and answers.
Question 1:
Fraud occurs every day all over the world.
Answer: True
Question 2:
When companies uphold corporate social responsibility (CSR), they are accountable to various internal and external stakeholders.
Answer: True
Question 3:
Good quality raw materials also mean quality-made final products and fair market price.
Answer: True
Question 4:
Companies share common requirements from their suppliers but there are companies that would establish their own prerequisites and conditions before purchasing goods from them.
Answer: True
Question 5:
This a group formed in a company representing the interests of the workers.
Answer: d. Trade unions
Question 6:
These people play a vital role in the economic system of a nation. It is a person or organization that uses economic services or commodities.
Answer: d. Consumer
Question 7:
Quality goods should be produced and supplied in order to satisfy a customer and the business to expand.
Answer: True
Question 8:
Stakeholders will always be interested in their dividends and capital growth of their shares.
Answer: False
Question 9:
The Social Security Act of 1997 (R.A. No. 8282) mandates employers to register their business and their employees with the Social Security System (SSS).
Answer: True
Question 10:
It is important to be attuned to whether employees feel fairly treated and feel that decisions are made fairly.
Answer: True
Question 11:
It is the systematic planning, implementation, and control of a mix of business activities intended to bring together buyers and sellers for the mutually advantageous exchange or transfer of products.
Answer: a. Marketing
Question 12:
The employer is relying upon the employee to perform and keep the business running smoothly. On the other hand, the employee is relying upon the employer to pay her and enable provide for their personal affairs.
Answer: True
Question 13:
This framework identifies the character traits.
Answer: a. Virtue Framework
Question 14:
IPO stands for?
Answer: c. Intellectual Property Office
Question 15:
A worker who is classified as an independent contractor is considered to have an employee-employer relationship with the company.
Answer: False
Question 16:
It is a meeting between people when questions are asked and answered.
Answer: d. Interview
Question 17:
Employers should exercise care to ensure that the relationship they develop with one employee is not notably closer than the relationships they develop with others, as this can lead to unethical issues and deeper concerns of unfairness within the workplace.
Answer: True
Question 18:
When an employee regularly arrives late or calls in sick, the employer will eventually become frustrated with the employee and question the apparent lack of commitment to his position.
Answer: True
Question 19:
When an office experiences a shift in leadership, employees will not experience uncertainty and even feel the unexpected change in policies and managerial approach are unreasonable or unfair.
Answer: False
Question 20:
Integrating Ethics in a marketing strategy may foster benefits in your business. Which of the following may cause harm rather success in the business?
Answer: b. Speaking about other companies weaknesses rather than focus on your company's strengths
Question 21:
It is a type of applicant that brings knowledge and experience from outside of your organization which is needed for the organization to continue to grow and develop.
Answer: a. External applicant
Question 22:
The employer and employee relationship is one that must develop over time.
Answer: True
Question 23:
It is a person who may be unemployed and looking for work or someone who would want to seek for better opportunities in another company.
Answer: b. Jobseeker
Question 24:
Who are the people behind recruitment?
Answer: a. Manager, c. Employer, d. HRD
Question 25:
Focuses on the future effects of the possible courses of action, considering the people who will be directly or indirectly affected.
Answer: b. Consequentialist Framework
Question 26:
Which of the following is not a function of IPO Philippines?
Answer: b. No correct answer
Question 27:
What do you call the first step towards employment?
Answer: a. Recruitment
Question 28:
An employee is classified as such if the employer has any control over what the worker does and how he performs the job.
Answer: True
Question 29:
It is now acceptable for employers to develop romantic relationships with their employees.
Answer: False
Question 30:
Which of the following should be posted in a job vacancy ad?
Answer: d. Qualification of applicant
Question 31:
It is considered the foundation of success and wealth of a society.
Answer: b. Business
Question 32:
A business is competition.
Answer: True
Question 33:
The ______ Our housing program for victims of major calamities is an important part of San Miguel Corporation CSR agenda.
Answer: a. Housing and rehabilitation program
Question 34:
It has community clinics and medical missions, and continues to provide host communities better access to healthcare services. In 2014, more than 8,000 individuals benefited from healthcare services offered for free.
Answer: d. San Miguel Corporation
Question 35:
Even though it sounds like a bad thing, many start-ups and small businesses eventually fail.
Answer: True
Question 36:
The ability to produce this kind of added value to an entrepreneur’s profit is the basic requirement for business.
Answer: True
Question 37:
A business should know the demographics that concerns specific audience.
Answer: a. Target Audience
Question 38:
Despite several decades of economic growth; unemployment, poverty and inequality remain critical barriers to sustainable growth and global stability.
Answer: True
Question 39:
In 2014, more than ______ individuals benefited from healthcare services offered for free at SMB community.
Answer: c. 8000
Question 40:
Their goal is to contribute to a brighter future for Filipinos by fueling H.O.P.E. (Helping the Filipino Children and Youth Overcome Poverty through Education), their flagship program in education.
Answer: a. Petron
Question 41:
Filipinos are very determined and persevering in accomplishing whatever they set their minds to.
Answer: b. Hard work and Industry
Question 42:
There are no legal consequences for unethical employee behavior.
Answer: False
Question 43:
Altruism demonstrates achievement.
Answer: False
Question 44:
If the new product is disapproved, it will be passed to the technical and marketing development stage. This is when a prototype or a limited production model will be created.
Answer: False
Question 45:
An ethics challenge is a problem or situation that requires a person or organization to choose between alternatives that must be evaluated as right or wrong.
Answer: True
Question 46:
Filipinos are very determined and persevering in accomplishing whatever they set their minds to.
Answer: True
Question 47:
It implies standards and purports the belief that excellent performance in our role in life represents the supreme good.
Answer: c. Excellence
Question 48:
Profit is an ______ and a symptom of success, not the cause.
Answer: a. output
Question 49:
It is rooted in intuition that life is a kind of adventure.
Answer: a. Discovery
Question 50:
It demonstrates achievement.
Answer: c. Heroism
Answer Key (Continued)
Question 51:
These are all costly ethical issues that employers and employees encounter on a daily basis across the country. It may be encountered due to differences in gender, religion and/or sexual orientation.
Answer: c. Racial discrimination/ sexual harassment/ wage inequality
Question 52:
Discovery implies standards and purports the belief that excellent performance in our role in life represents the supreme good.
Answer: False
Question 53:
Maximizing the value of each employee's contribution is a key element in your business's success.
Answer: True
Question 54:
Profit doesn't not ______ the salaried staff who make success happened.
Answer: c. motivate
Question 55:
Pakikipagkapwa-tao is the shared sense of identity and consciousness of the 'other'.
Answer: True
Question 56:
Ideas need to be considered objectively, ideally by a group or committee or department.
Answer: True
Question 57:
Physical harm is the only safety issue to be aware of.
Answer: False
Question 58:
Consumers are increasingly focusing on VALUES and contribution to society when choosing who to do business with.
Answer: True
Question 59:
Excellence is rooted in intuition that life is a kind of adventure.
Answer: False
Question 60:
You need more OUTPUT than profit to make it through.
Answer: False
Question 61:
Heroism a purpose built in serving its customers in a way that is beyond standard obligation.
Answer: True
Question 62:
Consumers are increasingly focusing on ______ and contribution to society when choosing who to do business with.
Answer: a. values
Question 63:
It is a problem or situation that requires a person or organization to choose between alternatives that must be evaluated as right or wrong.
Answer: b. Ethics Challenge
Question 64:
Filipinos over the years have proven time and time again that they are a people with an industrious attitude.
Answer: True
Question 65:
The Philippines is approximately 95 percent Christians (mostly Roman Catholic Christians).
Answer: False
Question 66:
Ethical decision-making processes should center on protecting employee and customer rights.
Answer: True
Question 67:
A purpose built in serving its customers in a way that is beyond standard obligation.
Answer: c. Heroism
Question 68:
Concept testing must be done after idea screening but it is different from test marketing.
Answer: True
Question 69:
It is the of conducting your business affairs with honesty and a commitment to treating every customer fairly.
Answer: c. Integrity
Question 70:
The most fundamental or essential ethical issues that businesses must face are integrity and trust.
Answer: True
Question 71:
Companies also monitor employees through video cameras, which allows them to observe visually and record employee behavior and keep their work environment safe.
Answer: True
Question 72:
The Filipino value system or Filipino values refers to the set of values or the value system that a majority of the Filipino have historically held important in their lives.
Answer: True
Question 73:
Profit is a MOTIVATION and a symptom of success, not the cause.
Answer: False
Question 74:
In the Post Launch Review and Perfect Pricing, the detailed launch plan is needed for this stage to run smoothly and to have maximum impact.
Answer: True
Question 75:
Idea comes in different forms and directions.
Answer: True
Question 76:
Racial discrimination, sexual harassment, and wage inequality - these are all costly ethical issues that employers and employees encounter on a daily basis across the country.
Answer: True
Question 77:
The author of The Starting Point of Great Companies.
Answer: d. Nikos Mourkogiannis
Question 78:
According to a 2015 data Pew Research study, the majority of respondents (75%) found installing surveillance cameras that have facial recognition technology acceptable.
Answer: False
Question 79:
This is the shared sense of identity and consciousness of the 'other'.
Answer: b. Pakikipagkapwa-tao
Question 80:
Profit is ______ and can be wiped out in an instant.
Answer: c. temporary
Question 81:
The word interview comes from Latin and middle French words meaning to?
Answer: See between
Question 82:
It refers to the overall process of attracting, selecting and appointing suitable candidates for jobs within an organization.
Answer: Recruitment
Question 83:
Employers and employees vary as much as fellow co-workers and the difference in personalities may seem more pronounced with an imbalance of power.
Answer: True
Question 84:
A worker who is classified as ______ is not considered to have an employee-employer relationship with the company.
Answer: a. Independent contractor
Question 85:
When an employee regularly arrives late or calls in sick.
Answer: Absenteeism and Tardiness
Question 86:
It is the part of marketing that involves getting the word out concerning your business, product, or the services you are offering.
Answer: b. Advertising
Question 87:
It is ethical value of a marketer that accept consequences of marketing practices and serve the needs of customers of all types, while being good stewards of the environment.
Answer: Responsibility
Question 88:
It is a promise or a set of promises for the breach of the which the law gives a remedy, or the performance of which the law in some ways recognize a duty.
Answer: c. Contract
Question 89:
It is an individual who was hired by an employer to do a specific job.
Answer: Employee
Question 90:
When an office experiences a shift in leadership, employees may experience uncertainty and even feel the unexpected change in policies and managerial approach are unreasonable or unfair.
Answer: Change in leadership
Question 91:
Charging a customer for much more than the actual value of a product or service is unethical. For marketing efforts to remain with ethical limits; the prices of your offers must be equal to or less than the value they give the customer.
Answer: d. Cost Abuse
Question 92:
This is a virtue of respect given to one’s parents, elders, and ancestors. The Filipinos, influenced by the Chinese, have a great deal of respect for the elderly people, especially those in the ancestral family.
Answer: a. Filial Piety
Question 93:
Some businessmen and salespersons engage in using the same marketing communication of their competitors to market their own products or services. Creativity is a very important part of marketing, and using other businesses’ marketing communication taglines just makes your business a sham.
Answer: b. Plagiarism of marketing communication taglines
Question 94:
Active stewardship can include one or more of a long list of specific practices and elements. For businesses engaged in manufacturing, this includes sourcing raw materials that are renewable and using chemicals and processes that are safe for the environment.
Answer: a. Elements
Question 95:
Which of the following is an unethical practice in a business?
Answer: a. Unadvised leave of absence
Question 96:
Anyone being accused of something should be allowed to tell his/her side of the story. The "right of confrontation" is a fundamental prerequisite of fairness in personal and business relationships.
Answer: c. Fair Hearing
Question 97:
This ethnic group are the basic component of Filipino culture. It is described as the nicest and most pleasant among other cultures. These clans have the world’s best security system.
Answer: a. The Malays
Question 98:
While it might be intuitive to use models in advertisements for beauty products and cosmetics, half-naked models used in promotion of gadgets, machinery, and other products not related to the human body is unethical.
Answer: c. Using men and women as sex symbols for promotion
Question 99:
With resourcefulness comes passion to work. Filipinos are very determined and persevering in accomplishing whatever they set their minds to.
Answer: d. Hard Work and Industrious
Question 100:
When an employee misbehaves on duty, the employer may be held liable for how that situation affects clients, individuals, or other employees.
Answer: b. Liability
Question 101:
Corruption such as conflicts of interest and bribery are unethical but commonly happening in businesses.
Answer: True
Question 102:
Social responsibility is necessary in a business world where customers have access to efficient technology and communication tools.
Answer: True
Question 103:
It is not critical for employees to understand that they have a fair opportunity to have grievances heard by management.
Answer: False
Question 104:
The Social Security Act of 1997 (R.A. No. 8282) mandates employers to register their business and their employees with the Social Security System (SSS).
Answer: True
Question 105:
It is the responsibility of any business owner to create a working climate that fosters respect and fair treatment of every employee regardless of age, race, gender, ethnicity, country of origin, disability, or religion.
Answer: d. Positive working climate
Question 106:
One of the fastest ways to erode a workplace’s sense of fairness is by giving recognition unequally.
Answer: True
Question 107:
CSR stands for?
Answer: b. None of the choices (Note: CSR = Corporate Social Responsibility)
Question 108:
Never lie to your customers. This may cause you your business.
Answer: True
Question 109:
These are responsibilities of entrepreneurs: to pay employees at least the minimum amount per hour.
Answer: a. Wages or salary
Question 110:
Trade Unions are groups of workers that are interested in whether the business is acting appropriately towards their area of interest.
Answer: True
Question 111:
Employers and employees vary as much as fellow co-workers, and the difference in personalities may seem more pronounced with an imbalance of power.
Answer: True
Question 112:
Who are the people behind recruitment?
Answer: b. All of the answers correct (Manager, Employer, HRD)
Question 113:
The word interview comes from Latin and Middle French words meaning to?
Answer: b. See between
Question 114:
A marketer must understand the importance of acknowledging basic human dignity through efforts to communicate, understand needs, and appreciate contributions.
Answer: b. Respect
Question 115:
IPO stands for?
Answer: b. Intellectual Property Office
Question 116:
It is an ethical value of a marketer to accept consequences of marketing practices and serve the needs of customers.
Answer: a. Responsibility
Question 117:
This ethical value creates a spirit of openness in marketing through communication and disclosure.
Answer: c. Transparency
Question 118:
A good employer-employee relationship requires constant nurturing and set expectations.
Answer: True
Question 119:
Which of the following is not an ethical issue in advertising?
Answer: c. Improve quality of recruits
Question 120:
It refers to the ability of an organization to retain its employees.
Answer: a. Employee Retention
Question 121:
Which of the following should not be posted in a job vacancy ad?
Answer: b. Sexual Orientation
Question 122:
Improving products and services.
Answer: Innovation
Question 123:
It is when a business shows a strong reputation among clients, associating the brand with pleasant feelings.
Answer: Goodwill
Question 124:
A customer remembers products and services through the use of branding.
Answer: True
Question 125:
The Philippines is approximately 95% Christians (mostly Roman Catholic).
Answer: False
Question 126:
Profit doesn’t ______ the salaried staff who make success happen.
Answer: c. motivate
Question 127:
The Filipino value system refers to the set of values historically held important by Filipinos.
Answer: True
Question 128:
Profit is a MOTIVATION and a symptom of success, not the cause.
Answer: False
Question 129:
What do you call the first step towards employment?
Answer: a. Recruitment
Question 130:
An employee negotiates skills, expertise, and contribution in exchange for ______.
Answer: Remuneration
Question 131:
This company’s CSR initiative includes donating one pair of shoes for every pair purchased.
Answer: Toms
Question 132:
A legal document ensuring sensitive information is kept secret.
Answer: NDA (Non-Disclosure Agreement)
Question 133:
This philosopher concluded that virtue leads to happiness and influences business ethics.
Answer: a. Aristotle
Question 134:
Filipinos use “po,” “opo,” and “ho” to show respect to elders.
Answer: b. Paggalang
Question 135:
Republic Act No. 7877 defines sexual harassment in workplaces.
Answer: True
Question 136:
This ethical framework focuses on duties and obligations.
Answer: c. Duty Framework
Question 137:
A worker classified as an independent contractor does not have an employee-employer relationship.
Answer: True
Question 138:
The best way for corporations to show social responsibility to the government is strict compliance with regulations.
Answer: True
Question 139:
What is the Filipino term for “loyal customer”?
Answer: Suki
Question 140:
This company pioneered modern CSR reporting.
Answer: d. THE BODY SHOP