Business Ethics quiz

More questions about Business Ethics

These visible examples show the question style. LearnClash turns the full topic into ranked duels and spaced repetition.

1. 1 Easy

   How is a secret price-fixing pact between rival firms known?

   Answer: Cartel

   Why: Under EU leniency rules, MAN escaped a fine of about €1.2 billion in the 2016 truck cartel case by revealing the cartel.

2. 2 Medium

   Besides profit, what does the triple bottom line measure?

   Answer: People and planet

   Why: British business writer John Elkington coined the term in 1994, asking firms to report social and environmental results beside profits.

3. 3 Hard

   What did Germany's financial regulator ban on Wirecard shares in 2019?

   Answer: Short selling

   Why: The ban came after Wirecard's share price had fallen 40% in under three weeks.

4. 4 Easy

   Which guarantee does Fairtrade give farmers for most crops?

   Answer: Minimum price

   Why: Fairtrade does not require organic farming, though it sets a higher minimum price for organic crops.

5. 5 Medium

   Whom was Elizabeth Holmes convicted of defrauding?

   Answer: Investors

   Why: The jury acquitted Holmes on the counts of defrauding patients who paid for Theranos blood tests.

6. 6 Hard

   Until when could German firms deduct foreign bribes from tax?

   Answer: 1999

   Why: Bribing foreign officials became a crime in Germany in February 1999, when the OECD anti-bribery convention took effect there.