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Business Ethics - MGT610 Quiz 1 PDF

This document appears to be a series of quiz questions on various topics related to business, ethics, economics and the environment. The questions cover subjects like market structures (perfect competition, monopoly, oligopoly), theories of justice, philosophers like Locke, Marx and Kant, economic systems (command economy vs free market), environmental issues like pollution, resource depletion and sustainability. The document tests understanding of concepts and theories from these different domains through multiple choice questions.

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hk dhaman
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0% found this document useful (1 vote)
2K views11 pages

Business Ethics - MGT610 Quiz 1 PDF

This document appears to be a series of quiz questions on various topics related to business, ethics, economics and the environment. The questions cover subjects like market structures (perfect competition, monopoly, oligopoly), theories of justice, philosophers like Locke, Marx and Kant, economic systems (command economy vs free market), environmental issues like pollution, resource depletion and sustainability. The document tests understanding of concepts and theories from these different domains through multiple choice questions.

Uploaded by

hk dhaman
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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MGT610

3rd quiz after midterm by masookhan

Question # 1 of 10 ( Start time: 10:42:25 PM ) Total Marks: 1


Idea of a precise quantitative method for decision making is most
fully realized in
Select correct option:
Bentham
James
Rachel’sv
Henry Fayol

Question # 3 of 10 ( Start time: 10:46:40 PM ) Total Marks: 1


According to Karl Marx, every society can be analyzed in terms of
its two main components:
Select correct option:

Economic substructure and social superstructure

Economic structure and social superstructure

Economic structure and social structure

None of the given options


Question # 4 of 10 ( Start time: 10:48:02 PM ) Total Marks: 1
Which one of the following is not the basis of an important critical
method in ethics?
Select correct option:

Counter examples
Hypothetical examples
Literature examples
Both a & b

Question # 5 of 10 ( Start time: 10:48:50 PM ) Total Marks: 1


Which of the following claims that the welfare of at least some
nonhumans is intrinsically valuable and deserves respect and
protection?
Select correct option:

Ecological ethics
Environmental ethics
Financial ethics
Organizational ethics
Question # 6 of 10 ( Start time: 10:50:11 PM ) Total Marks: 1
The contributive principle of distributive justice measured the
contributions in terms of:
Select correct option:

Economic quality
Minimum standard of living
Work effort
Opportunity
Question # 7 of 10 ( Start time: 10:51:23 PM ) Total Marks: 1
In which country Locke’s property rights have been influential?
Select correct option:

England

Germany

America

Greek
Question # 8 of 10 ( Start time: 10:52:17 PM ) Total Marks: 1
Which of the following is TRUE in free market economy?
Select correct option:

Prices are controlled by law

There will be no advertising

There will be no monopolies


The government allocates resources
Question # 9 of 10 ( Start time: 10:53:44 PM ) Total Marks: 1
In which market system firms are not encouraged to reduce its
costs?
Select correct option:

Monopoly
Oligopoly
Perfect competition
None of the above
Question # 10 of 10 ( Start time: 10:54:26 PM ) Total Marks: 1
Who should receive the benefits of pollution control?
Select correct option:

Who bear the external cost

Who bear the product cost

Who bear the internal cost

Firm
Question # 1 of 10 ( Start time: 10:59:56 PM ) Total Marks: 1
In which type of competition one can freely and immediately enter
or leave the market?
Select correct option:

Perfect competition
Monopoly
Oligopoly
None of the above
Question # 2 of 10 ( Start time: 11:00:34 PM ) Total Marks: 1
Who developed the idea that human beings have a "natural right"
to liberty and a "natural right" to private property?
Select correct option:

John Locke

Pincoffs

John Rawls

Alasdair MacIntyre
Question # 4 of 10 ( Start time: 11:02:11 PM ) Total Marks: 1
Which philosopher defended the idea that we should always treat
humanity as an end in itself rather than a means?
Select correct option:

Kant
Mill
Bentham
Rawls
Question # 5 of 10 ( Start time: 11:03:38 PM ) Total Marks: 1
Which vof the following view claims that the power of oligopolies is
not as large as it appears?
Select correct option:

Regulation view
Antitrust view
Do nothing view
None of the above
Question # 6 of 10 ( Start time: 11:04:29 PM ) Total Marks: 1
When several pollutants are involved, it is not always clear just
who is being harmed and by whom.
Select correct option:

True
False
Question # 7 of 10 ( Start time: 11:05:07 PM ) Total Marks: 1
Which of the following is NOT true for monopoly?
Select correct option:

Differentiated products

Freedom of entry and exit

Firm is a price taker

One main seller


Question # 8 of 10 ( Start time: 11:06:07 PM ) Total Marks: 1
Which of the following is the largest organization for the
calculation of data on environment?
Select correct option:

Club of Rome
World Watch Institute
GEF
UINDO
Question # 9 of 10 ( Start time: 11:07:32 PM ) Total Marks: 1
In a command economy, all decisions are taken by the:
Select correct option:

People

Government

Voters

Workers
Question # 10 of 10 ( Start time: 11:08:29 PM ) Total Marks: 1
Moral standards are absorbed from?
Select correct option:

Family & Friends


Experience
Intellectual capital
All of the above

Question # 1 of 10 ( Start time: 02:40:26 PM ) Total Marks: 1


Which one of the following is not the basis of an important critical
method in ethics?
Select correct option:

Counter examples
Hypothetical examples
Literature examples
Both a & b

Question # 2 of 10 ( Start time: 02:40:57 PM ) Total Marks: 1


New ethical dilemmas has been raised in 20th and 21st centaury
because of
Select correct option:

People
Culture
Technology pg8
Organizations

Question # 3 of 10 ( Start time: 02:42:20 PM ) Total Marks: 1


Greater economic freedom ranking countries enjoy the following
except?
Select correct option:

Highest standards of living


Greatest degree of political freedom

Both a & b
None of the above

Question # 4 of 10 ( Start time: 02:43:06 PM ) Total Marks: 1


The use of fossil fuels has led to substantial growth in global
emissions of ______and greenhouse effect, contributing to global
warming.
Select correct option:

Sulphur dioxide
Nitrogen
Hydrogen
Carbon dioxide pg 68

Question # 5 of 10 ( Start time: 02:44:00 PM ) Total Marks: 1


Which of the following is where the same product is sold in
different markets for different prices?
Select correct option:

Price discrimination

Price fluctuation
Price fixing

None of the given options

Question # 6 of 10 ( Start time: 02:44:29 PM ) Total Marks: 1


In a command economy, all decisions are taken by the:
Select correct option:

People

Government

Voters

Workers

Question # 7 of 10 ( Start time: 02:45:05 PM ) Total Marks: 1


Which theory was propsed by David Ricardo in 1817?
Select correct option:

Natural advantage
comparative advantage
Acquired advantage
Resource efficiency advantage

Question # 8 of 10 ( Start time: 02:45:42 PM ) Total Marks: 1


Ozone is a protective layer in atmosphere is made of?
Select correct option:

Methane gas
Carbon Dioxide gas
Oxygen gas not sure
None of the above

Question # 9 of 10 ( Start time: 02:47:14 PM ) Total Marks: 1


Which type of resource depletion is marked by increasing rates of
usage and sudden, complete depletion within a short period of
time?
Select correct option:

Depletion of fossil fuels


Exponential depletion
Peaked depletion
Species depletion

Question # 10 of 10 ( Start time: 02:48:20 PM ) Total Marks: 1


Which one is considered as primary economic institution?
Select correct option:

Business Enterprises pg 5
Banks
Insurance companies
None of the above

Question # 1 of 10 ( Start time: 02:50:52 PM ) Total Marks: 1


Which of the following claims that the welfare of at least some
nonhumans is intrinsically valuable and deserves respect and
protection?
Select correct option:

Ecological ethics pg 78
Environmental ethics
Financial ethics
Organizational ethics

Question # 2 of 10 ( Start time: 02:51:45 PM ) Total Marks: 1


When does the ignorance not excuse the wrongful injury?
Select correct option:

Ignorance of fact
If a person is ignorant
The person did not act knowingly
One deliberately keeps oneself ignorant pg 15

Question # 3 of 10 ( Start time: 02:53:09 PM ) Total Marks: 1


The world population may reach to 9 billion by the year?
Select correct option:

2022
2035
2043 pg 68
2050

Question # 4 of 10 ( Start time: 02:53:44 PM ) Total Marks: 1


Which of the following refers to the saving or rationing of natural
resources for later use?
Select correct option:

Fossilization

Preservation

Conservation pg 87

Depletion

Question # 5 of 10 ( Start time: 02:54:22 PM ) Total Marks: 1


Do – nothing view claims that power of oligopolies is as large as it
appears.
Select correct option:

True
False pg 65

Question # 6 of 10 ( Start time: 02:55:21 PM ) Total Marks: 1


Arthur Andersen was associated with?
Select correct option:

Enron pg7
General Motors
Dell Computers
Wal-Mart

Question # 7 of 10 ( Start time: 02:56:30 PM ) Total Marks: 1


Which of the following economic principle is first posted by Adam
Smith to describe that the greatest benefit to a society is brought
about by individuals in the pursuit of their own self-interest?
Select correct option:

Free trade

Economic freedom

Positive sum game

Invisible hand

Question # 8 of 10 ( Start time: 02:57:24 PM ) Total Marks: 1


On what grounds Carol Gilligan criticized Kohlberg’s research?
Select correct option:

It describes female characteristics


Stages of growth in moral development
It describes both male and female characteristics
It ignores female approach to moral development

Question # 9 of 10 ( Start time: 02:58:10 PM ) Total Marks: 1


Individual actions are directed through
Select correct option:

Policies
Culture
Associations

Both a & b

Question # 10 of 10 ( Start time: 02:58:32 PM ) Total Marks: 1


Which of the following issues are not satisfied by utilitarianism?
Select correct option:

Justice
Right
Justice & Right
None of the above

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