Values and Ethics in Management

1

Which is the element of business ethics?

A) A discipline B) It is an art and science both C) Good intention D) All of the above

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Answer & Solution

Answer: Option D

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2

A code of ethics specifies

A) rules of selling B) rules of advertising C) rules of behaviour D) All of these

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Answer & Solution

Answer: Option D

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3

Business ethics is a dynamic philosophy of . . . . . . . . economic adjustment whose field is widening day-by-day.

A) traditional B) historical C) social D) political

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Answer & Solution

Answer: Option C

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4

"Ethics deal with the right actions of individuals". Who said this?

A) J. R. Betty B) D. C. Za ne C) Peter F. Drucker D) C. S. Rao

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Answer & Solution

Answer: Option C

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5

Business ethics is a

A) universal philosophy B) philosophy of business C) rule of law D) rule of life

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Answer & Solution

Answer: Option A

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6

Which is fare the principle(s) of business ethics?

A) Principle of satisfaction B) Principle of aspirit of service C) Principle of universal value D) All of the above

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Answer & Solution

Answer: Option D

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7

Business ethics deals primarily with

A) social responsibility B) the pricing of products and services C) moral obligation D) being unfair to the competition

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Answer & Solution

Answer: Option C

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8

Good ethics is good

A) Customers and suppliers B) Value C) Business D) Human

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Answer & Solution

Answer: Option C

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9

"The religions derive their moral percepts not only from human experience but froin revelations", Who said this?

A) Rogene A. Buchhols B) Thomas M. Garrett C) Rue and Thomas D) Albert Z.

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Answer & Solution

Answer: Option B

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10

Which of the following statement is true?

A) Government in the country has enacted various laws, rule and regulations under the provision of which the business is bound to act honestly B) A businessman who follows unethical conduct in business should be socially boycotted by the people C) Walton writes that business ethics is related with truth and justice D) All of the above

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Answer & Solution

Answer: Option D

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