NOCTI - National Occupational Competency Testing Institute Business Ethics and Legalities Questions and Answers

Question 1

An employee develops a new manufacturing process during work hours using company resources. According to general intellectual property principles, who typically owns the rights to this new process?

Accepted Answer

The company, as it was created in the course of employment

Answer

The employee, because they invented it

Answer

The government, as it oversees patents

Answer

It becomes public domain immediately

Question 2

A company's marketing materials make claims about a product's capabilities that are technically true but are presented in a way that is designed to mislead consumers. Which ethical principle is this company violating?

Accepted Answer

Honesty

Answer

Accountability

Answer

Loyalty

Answer

Fairness

Question 3

Which of the following is considered an illegal basis for discrimination in hiring decisions according to the U.S. Equal Employment Opportunity Commission (EEOC)?

Accepted Answer

National origin

Answer

Lack of required technical skills

Answer

Poor performance in a previous job

Answer

Inability to work the required schedule

Question 4

A manager offers a promotion to an employee in exchange for a personal favor that is unrelated to work performance. This situation is an example of:

Accepted Answer

A conflict of interest

Answer

Corporate social responsibility

Answer

A valid exercise of authority

Answer

Effective negotiation

Question 5

A binding agreement between two or more parties that is enforceable by law is known as a:

Accepted Answer

Contract

Answer

Memorandum

Answer

Promise

Answer

Guideline

Question 6

A corporation decides to donate a percentage of its profits to local charities and implement a company-wide recycling program. These actions are an example of which business concept?

Accepted Answer

Corporate Social Responsibility (CSR)

Answer

Financial auditing

Answer

Market analysis

Answer

Intellectual property management

An employee develops a new manufacturing process during work hours using company resources.According to general intellectual property principles, who typically owns the rights to this new process?

An employee develops a new manufacturing process during work hours using company resources.
According to general intellectual property principles, who typically owns the rights to this new process?