Chapter One

Business Ethics- An overview



Rules

  • Each correct option carries 1 mark.
  • There is no negative marking.
  • Each question can be attended only once.
  • The test has 20 questions from Chapter 1
  • ALL THE BEST!


    1. Ethics is said to be the science of __________.
    Norms
    Value
    Moral
    None of the above

    2. Ethics is a systematic knowledge about ----------.
    Good business activity
    Honest
    Moral behavoiur of human beings
    All of the above

    3. Bribery is a part of _________ ethical problems.
    covert ethical
    divert ethical
    convert ethical
    overt ethical

    4. Acquisition is a part of _________ ethical problems .
    covert ethical
    divert ethical
    convert ethical
    overt ethical

    5. _________ results due to voluntary human action.
    moral principle
    behavoiur decisions
    ethical decisions
    None of the above

    6. Classical thinker __________ was of the opinion that the business is a distinct entity and does not include ethics and morality.
    Adam Smith
    Milton
    Fayol
    Taylor

    7. According to _____ view, business is a part of moral structure and moral ethics.
    unitarian view
    separatist view
    integration view
    classical view

    8. Who contributed the integration view .
    Adam Smith
    Milton
    Talcott parsons
    None of the above

    9. According to Integration view of ethics, _____________.
    Business is a part of moral structure and moral ethics
    Business and morality are inter-related and are guided by factors
    Business is a distinct entity and does not include ethics and morality
    None of the above

    10. “Good business is good ethics”. This term is a part of which of the following stages.
    Law of the jungle
    Corporate citizenship
    Profit maximization in the short run
    None of the above

    11. In the _________stage of ethical business’s objective included profit sharing, development of community service projects and philanthropy.
    Anything for profit
    Stakeholder concept
    Profit maximization in the short run
    None of the above

    12. In __________________, ethical business had only one goal that is profit..
    Stakeholder concept
    Profit maximization in the short run
    Anything for profit
    None of the above

    13. Which of the following stages is related with a concept that business decisions were driven by the philosophy - “Might makes right”
    Stakeholder concept
    Profit maximization in the short run
    Law of the jungle
    None of the above

    14. ___________ proposes a higher level of ethical consciousness and redefine the mission of business in society.
    Law of the jungle
    Corporate citizenship
    Profit maximization in the short run
    None of the above

    15. Under whose view the “social values would dominate business values if business concerned themselves with ethics”.
    Unitarian view
    Milton’s view
    Adam Smith view
    Theodore Levit view

    16. Eminent philosophers like ________ were of the view that the aim of the business is to earn profit by utilizing the resources and engaging in open and free competition without deception / fraud.
    George A steiner
    Milton Friedman
    Theodore Levit
    None of the above

    17. Which of the following is correct according to Talcott Parsons.
    Business have the right to make profits, but also have to discharge their social obligation
    Business and morality are interrelated and are guided by external factors
    laws will guide business and decide what is right or wrong in business practices
    All of the above

    18. Most businesses encounter 2 types of ethical problems.
    Divert and overt
    Overt and convert
    onvert and covert
    None of the above

    19. ___________ said "The mangers of the biggest companies know as a business gets larger, the public takes more interest in it because it has greater impact on community".
    George A steiner
    Milton Friedman
    Theodore Levit
    None of the above

    20. choose the correct option.
    right - just and equal
    good - highest good for all concerned
    fair- honesty
    just- action
    good - morally correct
    proper- appropriate and acceptable
    equitable - just and equal
    right - morally correct
    just - action
    None of the above

    Questions contributed by Mohammed Siyas.