Fundamentals Of Ethics Set 14
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This set of Fundamentals of Ethics Multiple Choice Questions & Answers (MCQs) focuses on Fundamentals Of Ethics Set 14
Q1 | Ethics is a set of _________ of human conduct that govern the behavior of individuals ororganization.
- principles
- standards
- principles or standards
- None of the above
Q2 | ______________ is about obeying and adhering to rule and authority.
- Ethics
- Code
- Conduct
- Compliance
Q3 | Which of the following is an unethical business practice?
- Collusion
- False Communication
- Insider Trading
- All of the above
Q4 | Administrative corruption includes ‘gifts’ to the ___________
- factory inspector
- boiler inspector
- pollution control board inspectors
- All of the above
Q5 | Business ethics is based on well accepted ____________
- moral and social values
- social values only
- moral values only
- none of the above
Q6 | Business ethics has a ____________ application.
- universal
- natural
- practical
- none of the above
Q7 | ____________ are beliefs about what is right and wrong or good or bad.
- morals
- motivators
- cultures
- ethics
Q8 | Business Ethics is _____________ in nature.
- absolute
- not absolute
- permanent
- none of the above
Q9 | The relevance of ethics is in its
- Context
- Principles
- Application
- Understanding
Q10 | Business malpractice does not include
- Black marketing
- Adulteration
- Advertising
- Duplication
Q11 | Ethics refers to a ________ that guides an individual while dealing with others.
- code
- conduct
- code of conduct
- rules of conduct
Q12 | Ethics in compliance means
- it is about obeying and adhering to rules and authority.
- it deals with the moral principles behind the operation and regulation of marketing.
- it deals with the duties of a company to ensure that pr oducts and production processes do not cause harm.
- None of the above
Q13 | _________made it important for businesses to have an ethics code, something in writingabout what one ought to do, and what to strive for.
- The Ethics & Code Conduct Act, 2000
- The Sarbanes-Ethics of Code Conduct Act, 2001
- The Sarbanes-Oxley Act, 2002
- None of the above
Q14 | Compliance is about obeying and adhering to _______________.
- rules an authority
- discipline
- laws
- All of the above
Q15 | An expert who is c onfidentially available to solve the e thical dilemmas is known as______________.
- Ethic coach
- Ethics trainer
- Ethics guide
- None of the above
Q16 | Which of the following statements about business ethics is true?
- It concerns the impact of a business activities on society.
- It refers to principles and standards that determine acceptable behavior in the world of business.
- It relates to an individual’s values and moral standards and the resulting business decisions he or she makes.
- What is ethical is determined by the public, government regulators, interest groups, competitors and individual’s personal moral values.
Q17 | Top managers demonstrate commitment to ethical business practices with
- the adoption of written codes of ethics.
- employee empowerment.
- decentralized decision making practices.
- collusion with other companies.
Q18 | Feature that is NOT present in business ethics are—
- It has universal application.
- It is absolute in nature.
- It depends from business to business.
- It cannot be enforced by law.
Q19 | In setting ethical standards, perhaps the most effective step that a company can take is to
- adopt a code of ethics.
- demonstrate top management support of ethical standards.
- engage employees in ethics training.
- take an accommodative stance.
Q20 | Following is not a professional characteristic:
- Competition (Undercutting)
- Competency
- Character
- Compensation
Q21 | Ethics has become important because of
- Globalization
- Communication explosion
- Both (A) and (B)
- None of the above
Q22 | Corporate codes of ethics
- are always externally audited.
- create guidelines for employees to work by.
- are always compliance bas
Q23 | Ethical and unethical behaviours are determined by
- the individual.
- the culture.
- both the individual and the culture.
- neither the individual nor the culture.
Q24 | The crucial step in understanding business ethics is
- Establishing codes of ethics.
- Learning to recognize ethical issues.
- Having efficient operations.
- Implementing a strategic plan.
Q25 | A set of principles and expectations that are considered binding on any person who ismember of a particular group is known as
- Code of ethics
- Values
- Ethics
- None of the above