NOCTI Business Ethics and Legalities 2

Question 1

What is the primary purpose of the Occupational Safety and Health Act (OSHA)?

Accepted Answer

To ensure safe and healthful working conditions for employees

Answer

OSHA was enacted in 1970 to ensure safe and healthful working conditions by setting and enforcing standards, and by providing training, outreach, education, and assistance.

Question 2

What does the term 'conflict of interest' mean in a business context?

Accepted Answer

A situation where personal interests could compromise professional judgment

Answer

A conflict of interest occurs when an individual's personal interests could potentially influence or compromise their professional decisions and responsibilities.

Question 3

Which federal law prohibits discrimination in employment based on race, color, religion, sex, or national origin?

Accepted Answer

Title VII of the Civil Rights Act of 1964

Answer

Title VII of the Civil Rights Act of 1964 is the landmark federal law that prohibits employment discrimination based on race, color, religion, sex, or national origin.

Question 4

What is a non-disclosure agreement (NDA)?

Accepted Answer

A legal contract requiring parties to keep certain information confidential

Answer

A non-disclosure agreement is a legally binding contract that establishes a confidential relationship between parties, requiring them to protect specified information from being shared with others.

Question 5

What is the purpose of a code of ethics in a business organization?

Accepted Answer

To establish standards of behavior and guide decision-making

Answer

A code of ethics establishes the values, principles, and standards of behavior that guide how employees and the organization conduct business and make decisions.

NOCTI - National Occupational Competency Testing Institute Practice Test

NOCTI - National Occupational Competency Testing Institute Practice Test

NOCTI Business Ethics and Legalities 2