Business Ethics: Rights, Obligations & Approaches


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question 1 of 3

Under what school of philosophy is business ethics?

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1. In general, what concept guides business ethics?

2. Which of these business practices would be considered unethical because it is unfair?

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About This Quiz & Worksheet

This quiz/worksheet includes questions that focus on examples and fundamentals of business ethics, giving you the chance to make sure you're comprehending the lesson's main points.

Quiz & Worksheet Goals

In these assessments, you'll be tested on various aspects of ethics in business, such as:

  • The school of philosophy business ethics falls under
  • Conceptual guidance of business ethics
  • Unethical business practices
  • Business accountability
  • Laissez-faire economic systems

Skills Practiced

  • Defining key concepts - ensure that you can accurately describe a laissez-faire economic system
  • Interpreting information - verify that you can read information regarding unethical business and interpret it correctly
  • Information recall - access the knowledge you've gained of business accountability
  • Knowledge application - use your knowledge to answer questions about the conceptual and philosophical basis of business ethics

Additional Learning

To learn more about the facets of ethical business, you can read over the accompanying lesson, titled Business Ethics: Rights, Obligations & Approaches. This lesson lays out the following objectives:

  • Define applied ethics
  • Familiarize yourself with the nature of fairness in business
  • Know the role of the consumer in business ethics
  • Define monopoly in business