03 Quiz 1
03 Quiz 1
03 Quiz 1
Name: Section:
Date: Score:
Point of View
Social Responsibility of Entrepreneurs
1. What is the difference between the minimum wage and the living wage? Do you think successful
companies are morally obliged to give wages above the minimum? Explain your answer.
2. Television personalities, athletes, and other celebrities receive unimaginable fees. Meanwhile,
teachers receive very meager salaries. Do you think this is an injustice? Explain your position.
3. Differentiate the stakeholder model of a corporation vs. corporate social responsibility (CSR).
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5. What can you say about businesses that use animals for experimentation, entertainment, and gaming?
Do you think these businesses are morally objectionable? Why or why not?
6. What can you say about businesses that have a padrino system? (Gaining promotion through family
affiliation or friendship)
03 Quiz *Property of
STI
BMSH2004
7. The prices for almost all commodities rose due to the pandemic, especially pork meat. What can you say
about the government setting the maximum price limit for pork meat? Is it fair for both the consumer and
the seller? Explain.
8. Comment on how most fast-food chains produce food with an appearance far from its appetizing
advertisements. What type of direct misrepresentation was shown?
9. Explain how there will be unfair competition for an ice cream franchise.
11. Will it be unethical if honor students are given an unlimited number of absences throughout the semester?
Explain.
03 Quiz *Property of
STI