1)A business guided by ethical principles; behaving in an ethical manner can create a positive atmosphere and may build a promising business results

1)A business guided by ethical principles; behaving in an ethical manner can create a positive atmosphere and may build a promising business results.

2 It is a type of business that may be formed through partnership that may occur between doctors or physician.

3 To apply Impartiality one should be fair and impartial judge. This means you are willing to suspend judgment until all the information has been laid in, setting aside conclusions you have made and clear your mind of prejudice or prejudging about the person or issues involved.

4 This is important for the company to promote fair treatment in the workplace.

a. Employee's Job Description

b. Equal Opportunity

c. Balance

d. Policy

5 One significant content of your business policy is including a description of every department in the organization

True

False

6 It is a type of business partnership that can be formed by attorneys.

a. Virtual Assistant

b. Medical Services

c. Partnership

d. Legal Services

7 A cooperative is a business organization owned by a group of individuals and is operated for their mutual benefit.

True

False

8 Misusing company time is one of the unethical practices in business.

True

False

9 This company is the mother company of popular filipino fast-food chains. Tony Tan is the founding owner of Jollibee and his family established the first Jollibee store in Cubao in the year 1975.

a. Jollibee Foods Corporation

b. San Miguel Corporation

c. United Laboratories

d. SM Group of Companies

10 It is an important factor in running a business or organization.

a. Decorum

b. Protocols

c. Policy

d. Balance

11 The role of businesses is far more than just the making revenue but it is also a venue providing opportunity to expand job opportunities to others and create opportunities to pay salaries and wages.

True

False

12 It is the ideal business policy encourages individual productivity without making the employee feel as though the employer or the person in authority is micromanaging them.

a. Protocols

b. Balance

c. Policy

d. Decorum

13 Jollibee Foods Corporation is being regarded as the Philippines largest retail company.

True

False

14 Determine whether the person accused had fair notice that the conduct was wrong. Simple cases such as lying, cheating and stealing , may not be much of a problem but more technical violations.

a. Evaluation

b. Impartibility

c. Stewardship

d. Fair Notice

15 A corporation is a business organization that has a separate legal personality from its owners.

True

False

16 The quality of being done in an open without secrets. It yields trust. It means openness, a willingness to provide clear information to shareholders and stakeholders as well.

a. Stewardship

b. Transparency

c. Evaluation

d. Impartibility

17 Virtual assistants is a kind of work that assists entrepreneurs with clerical tasks through the use of Internet.

True       False

18 It is not important to gather facts. Being Detailed without being irrational is not important in making sound judgments.

True       False

19 It is a type of business that offers services for group engagements such as parties, weddings, company functions and different business events.

a. Medical Services

b. Virtual Assistant

c. Legal Services

d. Catering Services

20 General Partnerships can be found in creative events such as advertising, marketing and sales graphic designing.

True

False

21 This company is the mother company of popular filipino fast-food chains. Tony Tan is the founding owner of Jollibee and his family established the first Jollibee store in Cubao in the year 1975.

a. Jollibee Foods Corporation

b. San Miguel Corporation

c. SM Group of Companies

d. United Laboratories

22 The quality of being done in an open without secrets. It yields trust. It means openness, a willingness to provide clear information to shareholders and stakeholders as well.

a. Stewardship

b. Transparency

c. Impartibility

d. Evaluation

23 It is not important to gather facts. Being Detailed without being irrational is not important in making sound judgments.

True

False

24 Protocols are established procedures one follows to execute a task.

True

False

25 A Sole Proprietor type of business may be owned by two or more individual who both may also have full control and authority of assets as well as liabilities and losses.

True

False

26 Leaders normally take the blame in any case of failure. To change this behavior and create an environment where all levels can flourish and work as a team, view failure as a learning opportunity and make it a core principle of your culture - not a chance to place the blame.

True

False

27 It refers to established procedures one follows to execute a task.

a. Decorum

b. Policy

c. Balance

d. Protocols

28 Fairness refers to equal treatment for business and companies. It is also the sate or condition of being fair or free from bias or injustice; even handedness.

True

False

29 Virtual assistants is a kind of work that assists entrepreneurs with clerical tasks through the use of Internet.

True       False