Business Ethics ChallengeOnline version Test your knowledge on the three levels of ethics in business! by sarah ayyad 1 What is the first level of ethics in business? a Market trends b Corporate culture c Employee conduct d The law 2 Which level of ethics includes company policies and procedures? a Public opinion b Moral stance c Policies and procedures d The law 3 What does the moral stance in business ethics refer to? a Company policies b Market competition c Legal requirements d Personal values and beliefs 4 Which level of ethics is legally enforceable? a Employee guidelines b The law c Corporate ethics d Moral stance 5 What guides the moral stance in business? a Individual ethics b Profit margins c Market analysis d Government regulations 6 Which level of ethics can vary significantly between companies? a Moral stance b Industry standards c Policies and procedures d The law 7 What is an example of a policy in business ethics? a Market strategy b Sales forecast c Tax regulations d Code of conduct 8 Which level of ethics is typically the most rigid? a The law b Employee ethics c Corporate values d Moral stance 9 What can influence a company's moral stance? a Legal frameworks b Product pricing c Financial reports d Cultural values 10 Which level of ethics is least likely to be documented? a Policies and procedures b Compliance guidelines c Moral stance d The law
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