Conflicts of interest are an ethical problem for a business


1. The Economic Espionage Act of 1996 _______.

A. was primarily aimed at protecting against domestic spying

B. was primarily aimed at protecting foreign companies in the U.S.

C. has been effective in protecting against domestic spying

D. was the first law in the U.S. to protect trade secrets

2. Conflicts of interest are an ethical problem for a business because they _______.

A. violate an individual’s right to privacy

B. create profits that would be owed to other companies instead

C. create incentive for company representatives to act against others’ best interest

D. prevent the company from succeeding as well as it might otherwise

3. One of the biggest issues in consumer privacy is when _______.

A. companies find out what customers most like

B. companies sell their collected information to other companies

C. companies use databases to store customer information

D. companies keep personal information on employees

4. Which of the following is the best definition of privacy?

A. when certain facts are not known to others

B. when information about ourselves is under our control

C. to be free of to make choices

D. to be free of supervision

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Business Economics: Conflicts of interest are an ethical problem for a business
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