1. Section ………of the factories Act discusses about the nomination of the manager of a factory.
Correct : B. Section 7 (f)
2. If an employee alleges that he was working for the employer and the employer denies it, who has to
prove this fact?
Correct : B. Employee
3. By an amendment Act of 1987 in Factories act 1947, who is to be appointed as an occupier?
Correct : D. Board of directors
4. The term ‗business ethics‘ came into common use in year ……….
Correct : C. 1970
5. Ethics refers to a ……….that guides an individual while dealing with others.
Correct : C. Code of conduct
6. The society for Business Ethics was started in ……….
Correct : D. 1980
7. European business schools adopted business ethics after……….commencing with the European Business
Ethics Network (EBEN) in………when the first single-authored books in the field appeared.
Correct : A. 1987,1982
8. Ethics is a set of………of human conduct that govern the behaviour of individuals or organizations.
Correct : C. Principles or standards
9. ………….is a set of principles and expectations that are considered binding on any person who is member of a particular group.
Correct : A. Code of conduct
10. .................made it important for businesses to have an ethics code, something in writing about what one
ought to do, and what to strive for.
Correct : C. The Sarbanes-Oxley Act, 2002
11. The Sarbanes-Oxley Act of 2002 made it important for businesses to have an - ………….
Correct : A. Ethics code
12. Business Ethics is a code of conduct which society should follow while conducting their social activities.
Correct : A. True
13. Business ethics has a…………….application.
Correct : C. Universal
14. Which of the following Act made code of ethics mandatory for all organizations?
Correct : B. The Sarbanes-Oxley Act, 2002
15. Which of the following is a feature of business ethics?
Correct : D. All the above
16. Which of the following is a feature of business ethics?
Correct : D. All the above
17. ……………..is about obeying and adhering to rule and authority.
Correct : D. Compliance
18. The ethical issues in finance that companies and employees are confronted with include:
Correct : D. All the above
19. The issues of ethics faced by HRM include: ………………….
Correct : C. discrimination issues
20. Reasons why business should act ethically …………
Correct : A. To protect its own interest and of the business community as a whole.
21. Reasons why business should act ethically …………
Correct : D. All of above
22. Which of the following reason is/are applicable for unethical business practices?
Correct : C. Greed for quick money
23. Which of the following reason is / are applicable for unethical business practices?
Correct : B. Administrative corruption
24. Which of the following reason is / are applicable for unethical business practices?
Correct : D. All of above
25. Measures to improve ethical behaviour of business are framed at which level -
Correct : D. All of the above
26. Government has placed certain awards like Indira Gandhi Paryavaran Puruskar; the Indira
Gandhi Priyadarshini Award for those individuals who carry on ……. in India.
Correct : B. Ethical business
27. Which of the following is not a reason for business to act ethically?
Correct : D. To not protect their employees and their reputation
28. Ethical executives abide by ………. relating to their business activities.
Correct : C. Laws, rules and regulations
29. Which of the following is not a dimension of Corporate Social Responsibility?
Correct : D. Emotional
30. Fraudulent asset valuations, insider trading, securities fraud leading to manipulation of the
financial markets and executive compensation etc are a part of scope in ……………
Correct : C. Finance
31. State as to why a business should behave ethically?
Correct : B. To keep its commitment to society to act ethically
32. Ethics in compliance means…………….
Correct : A. It is about obeying and adhering to rules and authority
33. Ethics has become the buzzword in the corporate world because of
Correct : D. Both (a) and (b)
34. Companies which are responsive to employees' needs have………….
Correct : B. Lower turnover in staff
35. A business should have which kind of an approach?
Correct : C. Both (a) and (b)
36. Which functional area in business ethics is about obeying and adhering to rules and authority?
Correct : A. Ethics in compliance
37. Which of the following is an unethical business practice?
Correct : D. All the above
38. Which of the following is not a 'code of conduct'?
Correct : D. Code of management
39. They are concerned about ethics, social responsibility and reputation of the company in which
they invest -
Correct : C. Investors
40. Administrative corruption includes "gifts" to the …………
Correct : D. All of the above
41. Compliance is about obeying and adhering to .………..
Correct : A. Rules an authority
42. Business Ethics is a code of conduct which businessmen should follow while conducting their
………….
Correct : A. Normal activities
43. Corporate entities are legally considered as persons in ……….
Correct : A. USA
44. The idea of business ethics caught the attention of academics, media and business firms by the
end of the……………………..
Correct : C. Cold war
45. Business ethics is based on well accepted .............
Correct : A. Moral and social values
46. An expert who is confidentially available to solve the ethical dilemmas is known as……
Correct : A. Ethic coach
47. A set of principles and expectations that are considered binding on any person who is member
of a particular group is known as -
Correct : A. Code of ethics
48. Business ethics has a...........................application
Correct : A. Universal
49. The term 'business ethics' came into common use in year…………
Correct : D. 1970
50. The process where a person informs on another or makes public disclosure of corruption or
wrongdoing-
Correct : B. Whistle blowing
51. The crucial step in understanding business ethics is
Correct : B. Learning to recognize ethical issues
52. Business ethics relates to
Correct : B. An individual's or work group's decisions
53. Which of the following statements about business ethics is true?
Correct : B. It refers to principles and standards that determine acceptable behavior in the world of business
54. Behavior that does not confirm to generally social norms will be considered as:
Correct : D. Unethical Behavior
55. Fairness in employment practices centers on
Correct : D. Avoiding conflicts of interests
56. Ethical and unethical behaviors are determined by
Correct : C. Both the individual and the culture
57. Which of the following is NOT necessary to assess ethical behavior?
Correct : D. Listen to what is the being said in the rumor
58. Top managers demonstrate commitment to ethical business practices with
Correct : A. The adoption of written codes of ethics
59. EBEN is
Correct : A. European Business Ethics network
60. Feature that is NOT present in business ethics are
Correct : B. It is Absolute in nature
61. If a company has ethics than it gets back from the employees
Correct : D. Both (a) & (b)
62. Pick the odd one. It is UNCOMMON for business to behave ethically because
Correct : B. It has to ignore their employees relations
63. It is not UNCOMMON for a business to behave ethically because
Correct : D. All of the above
64. For stopping the unethical practices at society level ……… practice should be followed
Correct : D. All of the above
65. Corporate codes of ethics:
Correct : B. Create guidelines for employees to work by