Section E, Group G, 4/5

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Harini

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Dec 12, 2011, 12:57:01 PM12/12/11
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Harini Narayanan (PGP/015/278)

1. The leader of any corporate organization______________.
a) Sets very high levels of lawful ethical standards and performs
accordingly.
b) Sets the minimum requirements of lawful ethical standards and tries
to over perform. (Answer)
c) Maintains the ethical standards YoY.
d) Does not bother about ethical business practices.
e) Follows ethical practices when they are favourable to him.

2. Which test, out of all the tests based on Lawrence Kohlberg’s
theory of moral development, talks about how a person might feel when
making a decision and the impact it would have on other employees?
a) The Authority Test
b) The Public Scrutiny test.
c) The Butterfly Test. (Answer)
d) The Geoff Moore’s dealing with Darwin Test.
e) The Utilitarian test

3. The practice in which one person puts himself in the position of
another that he highly respects, like a mentor or a trusted peer, and
analyzes his decision was illustrated by Kohlberg as the ____________
test.
a) Butterfly.
b) Authority. (Answer)
c) Public Scrutiny.
d) Uncertainty.
e) Moral

4. When can a therapist or lawyer break client confidentiality?
i. Client makes a general comment like “I feel like killing someone”.
ii. Client makes a specific comment, “I’ll return home and kill my
wife today”.
a) Only i
b) Only ii (Answer)
c) Both i and ii
d) Neither i nor ii
e) Never

5. The concept that involves a mix of legal obligations, ethical
obligations, confidentiality, personal safety, personal values and the
interest of the stakeholders’ is______________.
a) Conflict of Interest.
b) Professional ethics.
c) Whistle- blowing (Answer)
d) Cultural tolerance.
e) Personal ethics.

6. Today the act of whistle-blowing is considered as ___________.
a) Foolish and life threatening.
b) Endearing and noble.
c) Prosocial behaviour and organizational citizenship. (Answer)
d) Unrewarding and an act of desperation.
e) Anti-organizational behaviour.

7. In order to deploy ethical business practices an employee should
feel a sense of ethical responsibility and accountability and must be
encouraged to report ethical issues and concerns without fear.
a) True. (Answer)
b) False.

Rashmitha Rao (PGP/015/295)

1. What did Kant claim about a rational nature?
a. It can be valuable as a means to an end.
b. It is an end in itself.
c. It is both a means and an end.
d. It is neither a means nor an end in itself.

Answer: b

2. ________ presents people with a set of established norms which
people tend to
follow as a set of ethics.

a. Religion
b. Literature
c. Love
d. Life

Answer: a

3. Customs and traditions of the society that one inhabits becomes
ingrained in
one's psyche, and the ethics of that community or society are
generally accepted by
all living in it. True/False

Answer: True

4. Feelings like guilt and shame on doing some acts according to a set
of ethics,
may shift one's personal ethics from time to time. True/False

ANswer: True

5. Under whom was Aristotle a student?
a. Pythagoras
b. Alexander the Great
c. Plato
d. Socrates

Answer: c

6. Which is NOT among the "conspicuous types of life" enumerated by
Aristotle?
a. the life of feeling
b. the life of thought
c. the political life
d. the sensual life

Answer: a

7. According to Mill, that utilitarian standard of what is right in
conduct is:
a. not the agent's own happiness, but that of all
concerned.
b. the agent's happiness, not that of others concerned.
c. the agent's happiness at the expense of others
concerned.
d. neither the agent's happiness nor that of any others
concerned.

Answer: a

Ravin Mudaliar (PGP/015/292)


1. Which of the following is true for a lawyer who represents two
clients with conflicting interests?
1. A personal conflict of interest
2. An impersonal conflict of interest (Answer)
3. Misuse of position
4. Violation of confidentiality
5. Misrepresentation

Ans:- Refer to page no. 174 of textbook (personal and impersonal
conflict of interests)

2. Which of the following is not the major means by which professional
groups and business organizations can manage conflicts of interest?
1. Avoidance
2. Disclosure
3. Rules and Policies
4. Direct Competition (answer)
5. Structural changes

Ans:- Direct competition comes under kinds of conflicts of interests.
Refer page no. 176 of textbook

3. The process of introducing new interests in a process when the
adverse interests cannot be avoided is known as _______ .
1. Incentivization
2. Alignment (answer)
3. Conflict of interests
4. Disclosure
5. Standardization
Ans:- Refer page no. 180 of textbook in avoidance
4. Which of these is not related to the kinds of conflicts of
interest?
1. Biased judgement
2. Misuse of position
3. Direct competition
4. Violation of confidentiality
5. Avoidance (answer)

Ans:- Refer page no. 180 of textbook. Avoidance is used to manage the
conflict of interests and the rest are kinds of conflicts of interests

5. Employees should not accept gifts where the purpose is to exert
influence in connection with the transaction either before or after
that transaction is discussed or consummated as this may lead to ____
1. Misuse of position
2. Direct competition
3. Biased judgement (answer)
4. Violation of confidentiality
5. Impracticability
Ans:- Refer page no. 176 of textbook in biased judgement


6. There are two versions of utilitarianism: act-utilitarianism and
path-utilitarianism (True/ False)
Answer: False
Ans:- Refer page no. 52 of textbook
7. Hedonism is the thesis that pleasure and only pleasure is
ultimately good. (True / False)
Answer: True

Ans:- Refer page no. 51 of textbook in Hedonism

Ravi Rakesh (PGP/015/311)


Business Ethics questions By Ravi Rakesh /Section E,PGP-15-311

1.Which of the following is NOT an influence on organisational
purposes?
A) Minor stakeholders.
B) Business ethics.
C) Corporate governance.
D) The organisational mission. (Answer)
E) Shareholders

2. Ethical issues concerning business and public sector organisations
exist at three levels:
A) Macro; Corporate; Individual. (answer)
B) Corporate; Business; Functional.
C) Corporate; Functional; Individua.
D) Business; Family; Individual.
E) Family, Corporate ,Business

3. An ethical stance is the extent to which:
A) An organisation meets the expectations of its stakeholders.
B) An organisation will exceed its minimum obligations to stakeholders
and society at large. (answer)
C) An organisation meets regulatory requirements.
D) An organisation respects the dominant religious beliefs of the
country in which it operates.
E) An organisation maximises its profit

4. Corporate social responsibility concerns:
A) How an organisation meets the expectations of its stakeholders.
B) The behaviour of individual managers.
C) External stakeholder relationships.
D) The ways in which an organisation exceeds its minimum required
obligations to stakeholders. (answer)
E) The behaviour of organisation toward its employees

5. A mission statement is:
A) A statement of the overriding direction and purpose of the
organisation. (answer)
B) A specific statement of the overriding strategy of the
organisation.
C) A description of the organisation's main activities and the
position it wishes to attain in its industry or sector.
D) An expression of the desired sales or profit levels.
E) Rules and regulations for its employees

6. Where a stakeholder has a high level of interest in the development
of an organisation, but a low level of power, strategists or managers
should:
A) Keep these stakeholders informed. (answer)
B) Keep these stakeholders informed and satisfied.
C) Expend minimal effort on these stakeholders.
D) Treat these stakeholders as key players.
E) Neglect stakeholders

7. “Greater good for greater benefits” is core of which theories?
A.)Consequentialist Theory
B).Legalistic Moralism
C).Utilitarianism Theory (answer)
D.)Social Justice theory
E.)Virtue Theory

All the best!


S HARIPRASAD

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Dec 14, 2011, 10:23:09 AM12/14/11
to bizethics
S. Hariprasad (PGP/015/314)

1. _______(n) believe that every part of the environment, living and
non-living, has consciousness or spirit. Therefore, all beings deserve
reverence.
A. Entrepreneurs
B. Atheists
C. Doctors
D. Animists (Answer)
E. Pantheists
2. ______(n) identify deities with natural objects and processes.
Therefore nature is scare or holy and people should have reverence for
it
A. Entrepreneurs
B. Atheists
C. Doctors
D. Animists
E. Pantheists(Answer)
3. ______________(n) : The environment is valuable to the extent is
useful or necessary for human well being (Choose the most appropriate
word)
A. Anthropocentrism(Answer)
B. Utilitarianism
C. Deep Ecology
D. Fundamentalism
E. Environmentalism
4. In ______________ markets, it is very difficult for companies,
especially those producing basic commodities, to gain a significant,
long-term competitive advantage.
A. Efficient and immature
B. Inefficient and matured
C. Inefficient and immature
D. Efficient and mature(Answer)
E. any
5. Whistle Blowing about organization can be done _______
A. Any person in the world
B. Only managers of the organization
C. Only by a Member of the organization(Answer)
D. Only Labourers of the organization
E. Only by Media
6. ________ is generally used to describe a sociological phenomenon,
namely, the existence in a society of rules and standards of conduct.
A. Ethics
B. Morality(Answer)
C. Formality
D. Speciality
F. Utility
7. The concept of _______ states that there is centralization of
power, and the organizational structure is hierarchical.
A. Power Distance(Answer)
B. Individualism
C. Collectivism
D. Masculinity
E. Femininity

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