NAME: ________________________________ DATE:_______________
GRADE&SECTION: ____________________ SCORE:______________
4TH Quarter Exam in Business Ethics and Social Responsibility
TEST I. TRUE/FALSE
DIRECTIONS: Write the complete name of the senior high guidance counselor if the statement is
true otherwise, the complete name of your school principal if it is false. Write your answers in the
space provided.
1. Entrepreneurship is a proper business that makes its money in a socially responsible way.
______________________________________
2. With rapid expansion of businesses came exploitation and depletion of the Earth’s resources
and minerals. ______________________________________
3. The most understandable of social enterprise's potential benefits is the opportunity to get
environmental sustainability and freedom.
______________________________________
4. Social enterprise aims to make a profit, and then use these profits to support its charitable,
social or environmental goals. Definitely, social enterprise is a charity.
______________________________________
5. Services in whichever section they may be offered are customized better to go with the needs
of the individual or the problem.
______________________________________
6. In a social enterprise business can sell its product or service for more and the demand can
grow in the medium to short-term basis.
_____________________________________
7. Beauty Products to support a social mission- this is about partnering with major beauty
brands to sell their products as an online retailer.
_____________________________________
8. Source one or several social good products, and hire an under employed group to sell this
products to their company on a commission basis.
_____________________________________
9. Business can contribute to the mission- beyond providing entirely financial resources; social
enterprise also gives organizations opportunities to discover noble ways of achieving their
mission.
_____________________________________
10. Sustainabili ty iss ues are vital to any business, and social enterprise is an exception.
_____________________________________
TEST II. IDENTIFICATION.
Directions: Identify what term is described or defined. Write only the letter of your choice
(CAPITAL LETTER only) before each number.
1. the social enterprise acts as an intermediary, or distributor, to an expanded market.
2. the social enterprise facilitates trade relationships between beneficiaries and new markets.
3. beneficiaries pay directly for the good or services provided by the social enterprise.
4. it is a food market that sells food to low income communities at a discounted price.
5. this is creating a platform for individuals and organizations to lend money directly to
entrepreneurs who would otherwise not get funding, such as those in the developing world.
6. this is about building a platform for social entrepreneurs to find groups of funders.
7. this is to help underserved artisans sell their products to the world by building a platform that
makes it easy for them.
