Fundamentals Of Ethics Set 15
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This set of Fundamentals of Ethics Multiple Choice Questions & Answers (MCQs) focuses on Fundamentals Of Ethics Set 15
Q1 | The idea of business ethics caught the attention of academics, media and business firms bythe end of the _______________ .
- First World War
- Second World War
- Cold War
- None of the above
Q2 | Which of the following is not a ‘Code of conduct’ ?
- Code of ethics
- Code of practices
- Code of behaviour
- Code of management
Q3 | Ethical executives abide by _______________ relating to their business activities.
- laws
- rules
- laws, rules and regulations
- None of the above
Q4 | ________________ is a set of principles and expectations that are considered binding on anyperson who is member of a particular group.
- Code of conduct
- Code of ethics
- Code of practice
- Any of the above
Q5 | Law is ___________________ of ethics.
- No connection
- Decodification
- Codification
- Visualisation
Q6 | Business ethics calls for avoidance of
- Competition
- Publicity
- Monopoly
- Self Interest
Q7 | Ethics has evolved with evolution of
- Culture
- Value
- Moral
- Society
Q8 | Business ethics relates to
- Customers decisions
- Government decisions
- Society’s decisions
- An individual’s or work group’s decisions
Q9 | Morality means:
- What is considered as correct within a society.
- Making the right decision and avoid a wrong decision.
- Defining what is right and wrong for an individual or a community.
- It helps an individual to make an ethical decision.
Q10 | Business ethics is
- The study of business situations, activities and decisions where issues of right and wrong are addressed.
- Defined as decisions organizations make on issues that could be considered right or wrong.
- Ethics that can be applied to an organization’s practices for profit maximization.
- Ethical processes businesses use in order to achieve a good ethical standard.
Q11 | “We wish to be good citizens of every community in which we operate.” This is
- Ethical Code
- Political and Social Code
- Legal Rule
- Legal Act
Q12 | The study of ethics is divided into ______________ operational areas.
- four
- three
- five
- seven
Q13 | Business Ethics is a code of conduct which society should follow while conducting their social activities.
- True
- False
- Partly true
- None of the above
Q14 | Which statement is/are true?
- Ethics is not synonymous to religious morality or moral theology.
- Ethics is the principle that guide the human behaviour.
- The terms ‘ethics’ and ‘morality’ are not synonymous terms.
- All of the above
Q15 | Which of the following does not contribute to the development of a business enterprise’sstandard of ethics?
- Competitors’ behaviours
- Society’s norms and values
- Life experiences of company’s key persons
- Environmental situations
Q16 | Unethical behaviour is often triggered by
- Pressure from higher management to achieve goals.
- An organizational atmosphere that ignores such behaviour.
- A regular control system of checks and balances.
- Both (A) and (B)
Q17 | Business Ethics is a code of c onduct which businessmen should follow while conductingtheir
- Special activities
- Specific activities
- Normal activities
- None of the above
Q18 | Managers today are usually quite sensitive to issues of s ocial responsibility and ethicalbehavior because of___________.
- Interest groups
- Legal and governmental concerns
- Media coverage
- All of the above
Q19 | Which functional area in business ethics is ab out obeying and adhering to rul es andauthority?
- Ethics in finance
- Ethics in production
- Ethics in compliance
- None of the above
Q20 | Holders of Public Office should promote and support the seven principles of public life by___________ and prove to be example in whatever way they perform.
- accountability
- integrity
- leadership
- Honesty
Q21 | The relevance of ethics is in its
- Principles
- Understanding
- Context
- Application
Q22 | Which one of the following is not the seven principles of public life?
- Selfishness
- Objectivity
- Content
- Honesty
Q23 | For survival of business
- to have guidance on ethics
- it is always better to follow appropriate code of conduct to survive in the market.
- need to obtain feedback from customers.
- to have Governments support.
Q24 | Reasons why a “ good understanding of business ethics” is i mportant, can be st ated asfollows:
- Healthy Competition
- Conduct
- Accountability
- Application
Q25 | The main aim or objective of business is
- to Increase in profit
- consumer satisfaction
- To become a business leader
- creation of job opportunities