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CH 4 quiz business ethics

Terms in this set (10)

Which of the following acts can be classified as promompetitive legislation?
Sherman Antitrust Act of 1890
Which of the following acts, passed in response to public outrage over conditions described in Upton Sinclair's The Jungle, was the first consumer protection legislation?
Pure Food and Drug Act of 1906
The _____ was established after the latest financial crisis, in response to a situation that caused many consumers to lose thier homes.
Consumer Financial Protection Agency
Which of the forces of the business environment involves the rivalry among businesses for customers and profits?
The competitive dimension
The ___ regulates tobacco, dietary supplements, vaccines, veterinary drugs, medical devices, cosmetics, products that give off radiation, and biological products.
The Food and Drug Administration
The ____ was called "a sweeping overhaul of the financial regulatory system... on a scale not seen since the reforms that followed the great depression.
Dodd-Frank Wall Street Reform and Consumer Protection Act
The _____ is an independent agency within the Federal Reserve System that "regulates the offering and provision of consumer financial products or services under the Federal consumer financial laws."
Consumer Financial Protection Agency
_____ focuses on developing sound organizational practices and integrity for financial and non-financial performance measures rather than on an individual's morals.
Core practices
The Sarbanes-Oxley Act created the _____ to oversee the accounting firms that audit public corporations and to establish rules and standards for auditing.
Public Company Accounting Oversight Board
Title VII of the Civil Rights Act of 1964
prohibits discrimination on the basis of race, color, sex, religion, or national origin.
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