Fundamentals Of Ethics Set 15 MCQs

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