McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Cost Accounting .
| 951. |
The crucial step in understanding business ethics is |
| A. | Establishing codes of ethics |
| B. | Learning to recognize ethical issues |
| C. | Having efficient operations |
| D. | Implementing a strategic plan |
| Answer» B. Learning to recognize ethical issues | |
| 952. |
Business ethics relates to |
| A. | Society's decisions |
| B. | An individual's or work group's decisions |
| C. | Customers decisions |
| D. | Government decisions |
| Answer» B. An individual's or work group's decisions | |
| 953. |
Which of the following statements about business ethics is true? |
| A. | It concerns the impact of a business activities on society |
| B. | It refers to principles and standards that determine acceptable behavior in the world of business |
| C. | It relates to an individual's values and moral standards and the resulting business decisions he or she makes |
| D. | What is ethical is determined by the public, government regulators, interest groups, competitors and individual's personal moral values |
| Answer» B. It refers to principles and standards that determine acceptable behavior in the world of business | |
| 954. |
Behavior that does not confirm to generally social norms will be considered as: |
| A. | Arrogant Behavior |
| B. | Arbritary Behavior |
| C. | Ethical Behavior |
| D. | Unethical Behavior |
| Answer» D. Unethical Behavior | |
| 955. |
Fairness in employment practices centers on |
| A. | Hiring no family members of friends |
| B. | Giving people equal rewards for accomplishing the same tasks |
| C. | Obeying equal employment opportunity legislation |
| D. | Avoiding conflicts of interests |
| Answer» D. Avoiding conflicts of interests | |
| 956. |
Ethical and unethical behaviors are determined by |
| A. | The individual |
| B. | The culture |
| C. | Both the individual and the culture |
| D. | Neither the individual nor the culture |
| Answer» C. Both the individual and the culture | |
| 957. |
Which of the following is NOT necessary to assess ethical behavior? |
| A. | Gather Facts |
| B. | Make a judgment based on the Tightness or wrongness of the activity or policy |
| C. | Consider appropriate moral values |
| D. | Listen to what is the being said in the rumor |
| Answer» D. Listen to what is the being said in the rumor | |
| 958. |
Top managers demonstrate commitment to ethical business practices with |
| A. | The adoption of written codes of ethics |
| B. | Employee empowerment |
| C. | Decentralized decision making practices |
| D. | Collusion with other companies |
| Answer» A. The adoption of written codes of ethics | |
| 959. |
EBEN is |
| A. | European Business Ethics network |
| B. | European Business Ethics nation |
| C. | European Business Ethics national |
| D. | None of the above |
| Answer» A. European Business Ethics network | |
| 960. |
Feature that is NOT present in business ethics are |
| A. | It has universal application |
| B. | It is Absolute in nature |
| C. | It Depends from business to business |
| D. | It Cannot be enforced by law |
| Answer» B. It is Absolute in nature | |
| 961. |
If a company has ethics than it gets back from the employees |
| A. | Time |
| B. | Skill & energy |
| C. | Return out of money |
| D. | Both (a) & (b) |
| Answer» D. Both (a) & (b) | |
| 962. |
Pick the odd one. It is UNCOMMON for business to behave ethically because |
| A. | It has to meet stock holder expectations |
| B. | It has to ignore their employees relations |
| C. | To build trust with shareholders |
| D. | All of the above |
| Answer» B. It has to ignore their employees relations | |
| 963. |
It is not UNCOMMON for a business to behave ethically because |
| A. | It has to protect its own interest |
| B. | It has to keep its commitment |
| C. | It has to protect the interest of employees |
| D. | All of the above |
| Answer» D. All of the above | |
| 964. |
For stopping the unethical practices at society level ……… practice should be followed |
| A. | Establishment of consumer associations |
| B. | Consumer awareness programs to be stated |
| C. | Publish journals on social issues |
| D. | All of the above |
| Answer» D. All of the above | |
| 965. |
Corporate codes of ethics: |
| A. | Are always externally audited |
| B. | Create guidelines for employees to work by |
| C. | Are always compliance based |
| D. | Are always integrity based |
| Answer» B. Create guidelines for employees to work by | |
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