McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Arts in Philosophy (BA Philosophy) , Cost Accounting .
| 351. |
Which of the following is not a ‘Code of conduct’ ? |
| A. | Code of ethics |
| B. | Code of practices |
| C. | Code of behaviour |
| D. | Code of management |
| Answer» D. Code of management | |
| 352. |
Ethical executives abide by _______________ relating to their business activities. |
| A. | laws |
| B. | rules |
| C. | laws, rules and regulations |
| D. | None of the above |
| Answer» C. laws, rules and regulations | |
| 353. |
________________ is a set of principles and expectations that are considered binding on any person who is member of a particular group. |
| A. | Code of conduct |
| B. | Code of ethics |
| C. | Code of practice |
| D. | Any of the above |
| Answer» B. Code of ethics | |
| 354. |
Law is ___________________ of ethics. |
| A. | No connection |
| B. | Decodification |
| C. | Codification |
| D. | Visualisation |
| Answer» C. Codification | |
| 355. |
Business ethics calls for avoidance of |
| A. | Competition |
| B. | Publicity |
| C. | Monopoly |
| D. | Self Interest |
| Answer» C. Monopoly | |
| 356. |
Ethics has evolved with evolution of |
| A. | Culture |
| B. | Value |
| C. | Moral |
| D. | Society |
| Answer» D. Society | |
| 357. |
Business ethics relates to |
| A. | Customers decisions |
| B. | Government decisions |
| C. | Society’s decisions |
| D. | An individual’s or work group’s decisions |
| Answer» D. An individual’s or work group’s decisions | |
| 358. |
Morality means: |
| A. | What is considered as correct within a society. |
| B. | Making the right decision and avoid a wrong decision. |
| C. | Defining what is right and wrong for an individual or a community. |
| D. | It helps an individual to make an ethical decision. |
| Answer» C. Defining what is right and wrong for an individual or a community. | |
| 359. |
Business ethics is |
| A. | The study of business situations, activities and decisions where issues of right and wrong are addressed. |
| B. | Defined as decisions organizations make on issues that could be considered right or wrong. |
| C. | Ethics that can be applied to an organization’s practices for profit maximization. |
| D. | Ethical processes businesses use in order to achieve a good ethical standard. |
| Answer» A. The study of business situations, activities and decisions where issues of right and wrong are addressed. | |
| 360. |
“We wish to be good citizens of every community in which we operate.” This is |
| A. | Ethical Code |
| B. | Political and Social Code |
| C. | Legal Rule |
| D. | Legal Act |
| Answer» A. Ethical Code | |
| 361. |
The study of ethics is divided into ______________ operational areas. |
| A. | four |
| B. | three |
| C. | five |
| D. | seven |
| Answer» A. four | |
| 362. |
Business Ethics is a code of conduct which society should follow while conducting their social activities. |
| A. | True |
| B. | False |
| C. | Partly true |
| D. | None of the above |
| Answer» B. False | |
| 363. |
Which statement is/are true? |
| A. | Ethics is not synonymous to religious morality or moral theology. |
| B. | Ethics is the principle that guide the human behaviour. |
| C. | The terms ‘ethics’ and ‘morality’ are not synonymous terms. |
| D. | All of the above |
| Answer» D. All of the above | |
| 364. |
Which of the following does not contribute to the development of a business enterprise’s standard of ethics? |
| A. | Competitors’ behaviours |
| B. | Society’s norms and values |
| C. | Life experiences of company’s key persons |
| D. | Environmental situations |
| Answer» A. Competitors’ behaviours | |
| 365. |
Unethical behaviour is often triggered by |
| A. | Pressure from higher management to achieve goals. |
| B. | An organizational atmosphere that ignores such behaviour. |
| C. | A regular control system of checks and balances. |
| D. | Both (A) and (B) |
| Answer» D. Both (A) and (B) | |
| 366. |
Business Ethics is a code of c onduct which businessmen should follow while conducting their |
| A. | Special activities |
| B. | Specific activities |
| C. | Normal activities |
| D. | None of the above |
| Answer» C. Normal activities | |
| 367. |
Managers today are usually quite sensitive to issues of s ocial responsibility and ethical behavior because of___________. |
| A. | Interest groups |
| B. | Legal and governmental concerns |
| C. | Media coverage |
| D. | All of the above |
| Answer» D. All of the above | |
| 368. |
Which functional area in business ethics is ab out obeying and adhering to rul es and authority? |
| A. | Ethics in finance |
| B. | Ethics in production |
| C. | Ethics in compliance |
| D. | None of the above |
| Answer» A. Ethics in finance | |
| 369. |
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. |
| A. | accountability |
| B. | integrity |
| C. | leadership |
| D. | Honesty |
| Answer» C. leadership | |
| 370. |
The relevance of ethics is in its |
| A. | Principles |
| B. | Understanding |
| C. | Context |
| D. | Application |
| Answer» D. Application | |
| 371. |
Which one of the following is not the seven principles of public life? |
| A. | Selfishness |
| B. | Objectivity |
| C. | Content |
| D. | Honesty |
| Answer» C. Content | |
| 372. |
For survival of business |
| A. | to have guidance on ethics |
| B. | it is always better to follow appropriate code of conduct to survive in the market. |
| C. | need to obtain feedback from customers. |
| D. | to have Governments support. |
| Answer» B. it is always better to follow appropriate code of conduct to survive in the market. | |
| 373. |
Reasons why a “ good understanding of business ethics” is i mportant, can be st ated as follows: |
| A. | Healthy Competition |
| B. | Conduct |
| C. | Accountability |
| D. | Application |
| Answer» A. Healthy Competition | |
| 374. |
The main aim or objective of business is |
| A. | to Increase in profit |
| B. | consumer satisfaction |
| C. | To become a business leader |
| D. | creation of job opportunities |
| Answer» B. consumer satisfaction | |
| 375. |
Business Ethics helps to |
| A. | create wealth |
| B. | stop business malpractices |
| C. | expand business |
| D. | None of the above |
| Answer» B. stop business malpractices | |
| 376. |
Business Ethics is also called as |
| A. | Absolute Ethics |
| B. | Permanent Ethics |
| C. | Corporate Ethics |
| D. | None of the above |
| Answer» C. Corporate Ethics | |
| 377. |
Following is not a Professional characteristics: |
| A. | Competition |
| B. | Character |
| C. | Competency |
| D. | Compensation |
| Answer» A. Competition | |
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