Republic of the Philippines

Region I
DIVISION OF LA UNION
SAN JUAN STAND ALONE SENIOR HIGH SCHOOL
San Juan, La Union 2514

3rd QUARTER ASSESSMENT IN BUSINESS ETHICS AND SOCIAL RESPONSIBILITY

S. Y. 2018-2019
GRADE 12- ABM

Name:_____________________________________ Date:___________________Score:_____________ P.S.__________________

I. INSTRUCTION: Choose the letter of the correct answer. Write on the space provided.
(60pts.)
____1. What form of business is considered as the simplest because of the small amount of capital needed to start up?
A. Corporation C. Small and medium enterprise
B. Partnership D. Sole proprietorship
____2. What form of business organization has the largest sales volume?
A. Corporation C. Multinational
B. Cooperative D. Partnership
____3. Which of the following is probably the most important reason for incorporating?
A. Increased flexibility C. More money for investment.
B. Shared management. D. Limited liability of shareholders
____4. Jay and Rena met at a law school and decided to start a small law practice after graduation. They agreed to split revenues and
expenses evenly. What is the most common form of business organization this would be?
A. Corporation B. Joint Venture C. Partnership D. Proprietorship
____5. Estimate how much you own if a company had only 200 shares and you bought a share, you would have own_______
A. 1/200th of the company C. 200th of the company
B. ½ of the company D. 1/20th of the company
____6. What kind of business is BEST described by these statements? “I am the only owner of my business. I take all the risks of
doing business. I keep all the profits”.
A. Corporation B. Cooperative C. Partnership D. Proprietorship
____7. Which of the following is a characteristic of a cooperative?
A. one vote per share C. profits are not subject to income tax
B. dividends are paid on a per share basis D. Both A and B
____8. It is a form of business organization in which two or more business owners share the management and risk of the business.
A. Corporation B. General partnership. C. Joint Venture Joint venture D. Sole proprietorship
____9. Acer to NBA, BPI to Ka-negosyo are what type of business organization?
A. Corporation C. Sole Proprietorship
B. Partnership D. Small and medium enterprise
____10. Jollibee, ABS CBN, Universal Robina, San Miguel are examples of what form of business organization?
A. Corporation C. Sole Proprietorship
B. Partnership D. Small and medium enterprise
____11. A small neighbourhood barber shop that is operated by its owner would likely be organized as a__________.
A. Corporation B. Joint Venture C. Partnership D. Proprietorship
____12. A partnership form of business organization _______________.
A. has limited liability C. is a separate legal entity
B. enjoys an unlimited life D. is a common form of business organization for service- type business.
____13. This is recognized as the backbone of the economy?
A. Business B. Businessman C. Corporation D. Entrepreneurship
____14. The following are the Business Organization contribution in the Socioeconomic Development, EXCEPT one?
A. Employs the various resources present in the economy.
B. Entrepreneurs need manpower for their business operations.
C. The ability to gain international popularity and prestige for their country.
D. It can obviously make more jobs and cause massive destruction to the environment.
____15. Which of the following is NOT a benefit from business organization?
A. Immobilize capital C. improves quality of life
B. Empowers individuals D. promotes self- help and employment
____16. It is known as the moral principles that guide the conduct of individuals?
A. Attitude B. Behavior C. Conduct D. Ethics
____17. What is the so called obligation of a business to contribute to the well- being of a community?
A. Business Ethics C. Conflict of Interest

“Touching Lives, Nurturing Minds, Pursuing Excellence”

Mid-Term Assessment in Business Ethics and Social Responsibility Prepared by: MA. PAZ F. GARCIA Page 1
 B. Code of Ethics D. Social Responsibility

____18. How does a company become socially engaged?

A. A company can simply dabble in social responsibility to determine if it wants to be engaged.
B. A company should only become as engaged in social responsibility as that of its top competitors.
C. A company should determine if it can benefit from being engaged with social responsibility.
D. A company should become involved in multiple aspects of social responsibility right from the start.
____19. It is the quality of being just, equitable and impartial.
A. Accountability B. Fairness C. Respect D. Transparency
____20. It is about being easy to understand, and being open, frank and honest in all communications, transactions and operations.
A. Accountability B. Fairness C. Respect D. Transparency
____21. It is about being responsible to someone for actions taken; about being able to explain, clarify and justify actions.
A. Accountability B. Fairness C. Respect D. Transparency
____22. “Do unto others as you would have them do unto you”, is also known as the _______?
A. Golden Rule C. Being fair to others
B. Being good to others D. do no harm to others
____23. .”Some people are wealthy; many are not. Some are able to buy expensive jewelries, cars and homes; many others find it
difficult to purchase enough food to feed their families”, what is the statement all about?
A. Distributional fairness C. Golden-Rule Fairness
B. Positive Reciprocity D. Non-Discrimination Fairness
____24. Which of the following is the best explanation of corporate transparency?
A. A concept leading to better decision- making faster error correction
B. A management method where nearly all decision- making is carried out publicly
C. Operating in such a way that it is easy for other to see what actions are performed
D. The concept of removing all barriers to- and the facilitation of- free and easy public access to corporate information

For items 25- 26 refer to the paragraph below about Business Policies and Practices

Integrity requires the courage to do what is right despite popular opinion. Employees who practice integrity in the
workplace support what is morally right and what the business represents to its staff and to its customer base. Members of a
sales staff, for example, truthfully represent a product line or services. They keep their word to their clients because it is the
right thing to do and because their word is the company's word.

____25. The statement above implies about what practice?

A. Being just C. Having self- control over customers
B. Integrity require consistent practice D. Practicing confidentiality tom every transactions
____26. As an employee, what should you do to gain your customer’s loyalty based on the above statement?
A. Being confident to them C. Practice fair treatment among customer.
B. Being rude to your customer D. Being firm to what you have said to them.
____27. This is also known as the guidelines developed by an organization to govern its actions?
A. Business Ethics C. Business Strategies
B. Business Policies D. Business Responsibility
____28. ISO stands for what?
A. Internal Standard Organization C.International Specific Organization
B. International Standard Operation D. International Standard Organization
____29. Which of the following is NOT under the Culture of accountability under business policies and practice?
A. Publicizing success C. Going local to the lowest budget level
B. Understanding communities D. Misaligning interests with the central government
____30. Last August 2017, the Deped Supervisor strictly implemented the use of biometrics to all public schools to monitor the
attendance of the teachers and staff. Everyone should follow this and abide with the rules and regulations of the organization.
This is an example of what?
A. Business Ethics C. Business Responsibility
B. Business Policies and Practices D. Command
____31. The concept it is also applied to prescribed social behavior limits of appropriate within set situations?
A. Attitude B. Behavior C. Decorum D. Good manners
____32. What does open communication allow?
A. opinions and ideas C. science, engineering, business and the humanities
B. an excess of knowledge D. the possibility of self- correction and group problem- solving
____33. Which of the following is NOT synonymous with the word Decorum?
A. Dignity B. Etiquette C. Politeness D. Rudeness
____34. Which of the following is NOT a good practice in a business meeting?
A. Turn off cell phones.
B. Refer to the female chairperson as a chairlady.
C. Arrive early and be prepared to start the meeting on- time.

“Touching Lives, Nurturing Minds, Pursuing Excellence”

Mid-Term Assessment in Business Ethics and Social Responsibility Prepared by: MA. PAZ F. GARCIA Page 2
 D. No loud talking, whispering or walking around while someone else is speaking.

For items 35-36 read carefully the situation below.

Your boss promises you an extra day off if you rush out an important project by a certain date. You work late hours and finish
the project before the deadline. Ready for your day off, you mention it to your boss who responds "No, we have too much work to do."
Your boss engaged in unethical behaviour that has virtually guaranteed your future distrust and unwillingness to extend yourself to
assist in department emergencies. In addition, you are likely to complain to your co-workers, causing them to distrust the promises of
the boss and be unwilling to cooperate with his requests.
____35. Based on the statement above, if you are the employee, what is the BEST action you will do about the incident with your
boss?
A. Talk to him with and say bad words because of his act.
B. Resign immediately because you were ignored by your boss.
C. Just ignore it and work as usual to prove to him your dedication to your job.
D. Report such thing to the higher authorities so that your boss will also be punished.
____36. If you were the Co-worker, what is the BEST action you will do also?
A. Be affected with the case of the said employee.
B. Ignore your boss and let him do what he wants.
C. Make a protest against your boss, because of his unethical behavior.
D. Tell to the higher authorities such behavior so that they will be the one to a make decision.
____37. Who is the classical philosopher said that, “The unexamined life is not worth living”?
A. Aristotle B. Confucius C. Plato D. Socrates
____38. The classical philosopher who said that, “The roots of education are bitter, but the fruit is sweet.”
A. Aristotle B. Confucius C. Plato D. Socrates
____39. Contemporary philosophies includes all of the following, EXCEPT?
A. Analytical Philosophy B. Existentialism C. Idealism D. Pragmatism
____40. It is considered as the oldest philosophy of Western culture and it refers to the world of mind and ideas, where reason is
primary.
A. Contemporary philosophies B. Idealism C. Neo- theism D. Realism

For items 41-42 Read and analyze the situation carefully. Write A if you AGREE with the statement, D if you DISAGREE.

____41. When corruption is uncovered, too often people say "everyone else was doing it".
____42. Your employees will also be more motivated if you deprived them the opportunity to feed their natural curiosity through
learning opportunities.
____43.This is defined as the stories we tell ourselves to define our personal sense of "reality".
A. Belief system B. Philosophies C. Transparency D. Truth
____44. Which among the three jewels of Buddhism means “community”?
A. Buddha B. Dharma C. Nirvana D. Sangha
____45. We Filipinos are known for showing great sympathy for the people who lost theur love ones, what kind of Filipino Value
System is this?
A. Bayanihan B. Damayan C. Familism D. Hospitality
___46. What Filipino Value is characterized by an attempt to “pull down” someone who has achieved success beyond the others?
A. Bahala na attitude B. Crab mentality C. Colonial complex D. Ningas- cogon
____47. Jayvinne’s grandma is a working abroad. She went home and brought imported products like perfumes, chocolates, clothes
and branded shoes. Jayvinne was so happy and excited to use all the things his gived. His act is an example of what Filipino
Value?
A. Bahala na attitude B. Crab mentality C. Colonial complex D. Ningas- cogon
____48. During election time, the aspiring politicians personally approach the people. They will promise all to these voters and get their
loyalty, but after winning in the said battle it seems they have forgotten those promises. What kind of Filipino Value is this?
A. Ningas- cogon B. Oversensitive C. Pakikisama D. Tsamba lang attitude
____49. Your age will greatly influence your values. At what age did you saw your parents as your idols or role models?
A. Age 1-7 B. Age 8-13 C. Age 14-20 D. Age 21+

For items 50, 51, 52 Read and analyze the situation carefully. Write DEAL if you AGREE with the statement, NO DEAL if you
DISAGREE.
____50.”It really bothers me when someone ignores or breaks one of the company rules. It is the same kind of feeling I get when I see
someone run a red light, even if no one else is on the road.”
____51. “I always put myself in the other guy’s shoes. It is not that I will always give in if he is hurt, but I have to know how he feels. If it
is a customer who bought a bum product, I think of how I would feel if it were me. If he is a competitor who
lost a fair fight, I still ask ‘How does he feel?’ but at least I know he does not (or should not) feel cheated”.
____52. “My feeling is that anyone who cannot stand behind company policy- 100% just should not be here. If they think that the
company is doing something wrong, they should quietly leave. Otherwise, they ought to support it.”
____53. As an organizational manager, what is the best way to encourage ethical behavior in your employees?
A. Lead by example C. Have very strict rules in place

“Touching Lives, Nurturing Minds, Pursuing Excellence”

Mid-Term Assessment in Business Ethics and Social Responsibility Prepared by: MA. PAZ F. GARCIA Page 3
 B. Ignore unethical behavior D. Hide difficult decisions from employees

____54. What happens if a company makes unsafe products?

A. The company can improve its profits.
B. The unsafe products can improve the company’s reputation.
C. Customers will accept the unsafe products because they have no choice.
D. The company may have to recall the product and replace it at great expense.

____55. What Filipino Value System is characterized by extending a helping hand without expecting any remuneration?
A. Bayanihan B.Compassionate C. Familism D.Fun- loving trait
____56. What Filipino trait of being sympathetic to others even the person is a stranger?
A. Bayanihan B.Compassionate C. Familism D.Fun- loving trait
____57. Which of the following approaches to ethical decision- making will yield unethical decision?
A. Apply existing laws to the situation C. Strive to treat people impartially and consistently
B. Apply the Golden Rule to the situation D. Remain with the letter of the law while intending to mislead people.
____58. Read carefully. “Jezreel is working as a caregiver abroad. She worked very hard day and night even if she is not feeling well.
She has a family and has three children. Aside from her immediate family, she also has the responsibility of taking care of all
the needs of her mother and her siblings. She sacrifices to be away to her family just to give them their needs”. In the story,
what Filipino belief system is observed?
A. Bayanihan B. Damayan C. Familism D. Hospitality

For items 59-60, read and understand carefully.

Marco is currently employed as a medical representative in a well known pharmaceutical company. His father and the owner
are best friends and he helped him during his struggles in the business. The company distributed medicines and other medical related
products in most of the leading drugstores nationwide. One day the owner of one customer drugstore confronted him because he found
out that Marco is giving them higher price than what is suggested. The owner of the said drugstore reported the situation to Marcos’
boss.
____59. As the boss of Marco, conclude which of the following will you take as an action to the situation.
A. Terminate immediately Marco.
B. Talk to the customer and listen carefully about his complains and afterwards make a decision on what to do with Marco.
C. Ignore the customer because you remembered that Marco’s father is your best friend and the “pakikisama” and “utang na
loob” within you is activated.
D. Make no actions because you believe that you still have lots of customers even if you lost one.
____60. If you are the owner of the drugstore, what will you recommend to do with the situation?
A. File a criminal case immediately.
B. Ignore what Marco did and give him another chance.
C. Show humility and “malasakit” to Marco and forget what he did.
D. Cooperate to Marco’s boss and talked carefully about the situation.

=========================================END OF ASSESSMENT==========================================

Prepared by: Checked by:

MA. PAZ F. GARCIA MAYULYN O. GARCIA, Ed.D.

SHS Subject Teacher Secondary School Principal I

Approved:

REMEDIOS C. PAMAQUED, Ph.D.

Public Schools District Supervisor
San Juan District

“Touching Lives, Nurturing Minds, Pursuing Excellence”

Mid-Term Assessment in Business Ethics and Social Responsibility Prepared by: MA. PAZ F. GARCIA Page 4