From the choices given in each question, select one correct answer.

1) Which of the following refers to the reasoning process by which human behaviors,
institutions, or policies are judged to be in accordance with or not with?

a) Moral standards
b) Moral reasoning
c) Moral duty
d) Moral justice

2) The principle of Categorical Imperative is given by

a) James Mill
b) Herbert Spencer
c) Jeremy Bentham
d) Immanuel Kant

3) Which kind of theory Utilitarianism has?

a) Ethical
b) Conceptual
c) Behavioral
d) None of the above

4) The main purpose of business ethics is to?

a) Understanding ethical uncertainties

b) Principles and concepts
c) Application of practices
d) All of the above

5) The contributive principle of distributive justice measured the contributions in terms of:

a) Economic quality
b) Minimum standard of living
c) Work effort
d) Opportunity

6) An acquired disposition that is a valuable part of a morally good person, exhibited in the
person's habitual behavior is known as?

a) Moral responsibility
b) Moral ethics
c) Moral virtue
d) None of the above

7) Utilitarianism suggests that it is ethical to make decisions based on:

a) Moral virtues
b) Common decency
c) What is best for most people
d) None of the above

8) Right action comes to be defined in terms of moral principles chosen because of their logical
comprehensiveness, universality, and consistency is known as?

a) Interpersonal Concordance Orientation

b) Universal Ethical Principles Orientation
c) Social Contract Orientation
d) Law and Order Orientation

9) “Kantianism” as a principle was the idea of:

a) James Mill
b) Herbert Spencer
c) Jeremy Bentham
d) Immanuel Kant

10) Which one of the following moral judgment approaches will be used where someone has to
make a decision how benefits and burdens should be distributed among the members of a
group?

a) Utility
b) Rights
c) Justice
d) Caring

11) Which one of the following is a type of moral standards?

a) Utilitarianism
b) Rights
c) Justice
d) All of the above

12) Which statement reflects the "punishment and obedience orientation" stage (stage one) of
moral development?
a) I don't steal because my friends don't steal
b) I don't steal because I don't want to be spanked
c) I don't steal because it would harm society as a whole
d) I don't steal because it wouldn't be fair to everyone else if I did

13) Justice based on needs and abilities is known as?

a) Communism
b) Capitalism
c) Socialism
d) None of the above

14) An acquired disposition that is a valuable part of a morally good person, exhibited in the
person's habitual behavior is known as?

a) Moral responsibility
b) Moral ethics
c) Moral virtue
d) None of the above

15) Which one of the following justices refers to the just imposition of penalties and
punishments?

a) Distributive
b) Retributive
c) Compensatory
d) Kantian

16) Which of the following deals with the distribution of benefits and burdens, mostly in the
evaluation of social, political, and economic institutions?

a) Retributive justice
b) Compensatory justice
c) Distributive justice
d) Ethical justice

17) The kind of care that is owed to those with whom we have special concrete relationships is
known as?

a) Utilitarian standards
b) Standards of justice
c) Standards of caring
d) None of the above
18) Which of the following is TRUE regarding moral reasoning and its evaluation?

a) Moral reasoning does not involve factual or descriptive judgments

b) Ordinary logical standards of validity do not apply to moral reasoning
c) Special logical standards of validity do not apply to moral reasoning
d) Moral reasoning involves normative or value judgments

19) What is the philosophical study of moral values and rules?

a) Morality
b) Ethics
c) Business Ethics
d) Philosophy

20) Which one of the following is not a feature of moral standard?

a) Prohibit
b) Value
c) Condemn
d) All of the given options

21) Which one of the following is an alternative to moral principles?

a) Virtue Ethics
b) Logic Ethics
c) Real Ethics
d) None of the above

22) Suresh understands that it is sometimes necessary to modify rules if the change better serves
society. At which of Kohlberg's levels of moral development is she functioning?

a) Unconventional morality
b) Pre-conventional morality
c) Conventional morality
d) Post-conventional morality

23) What stage of reasoning does this answer falls? Heinz should steal the medicine, because
everyone has a right to live, regardless of the law.

a) Stage 3
b) Stage 5
c) Stage 2
 d) Stage 1

24) At this stage, moral judgment is motivated by one's own conscience:

a) Maintaining Social Order

b) Universal Principles
c) Social Contract and Individual Rights
d) Individualism and Exchange

25) Which teacher is most clearly promoting moral development in his or her students?

a) Mr. Ryan constantly points out moral dilemmas of history to his students and engages them in
discussion as much as possible.
b) Mr. Toffer focuses his attention on the effects that his students' misbehavior will have on
themselves.
c) Ms. Gladys does not give her students reasons for why some behaviors are wrong and others are
right.
d) Ms. Elay does not intervene when her students misbehave, thus, they learn to work out problems
amongst themselves.
1. Which does not reflect corpo r a t e gover n a n c e struc t u r e in a
comp a ny?
a) Legal syste m
b) Cultu r al syste m
c) Social syste m
d) Animal care syste m

2. Which do you think is feat u r e of corpo r a t e gover n a n c e ?

a) Account a bility
b) Prob a bility
c) Cre ativity
d) Ambiguity

3. Soun d corpo r a t e gover n a n c e mea n s sound busin e s s ens u ri n g:

a) High profit
b) Legal complian c e s
c) Prot e c tio n of sha r e h ol d e r s nee d s
d) Trans p a r e n c y in tran s a c tio n s

4. Which of the following refe rs to corpo r a t e gover n a n c e ?

a) Mana g e m e n t
b) Politics
c) Gover n a n c e
d) Stru c t u r e s

5. How import a n t is CSR in an orga niza tio n?

a) Very import a n t
b) Less impor t a n t
c) Import a n t
d) Not import a n t

6. A situa tion raising a moral proble m for profes sion a ls is refer r e d to

as-
a) Perso n al ethics
b) Profes sion al ethics
c) Busine s s ethics
d) Orga niza tio n al ethics

7. Which theo ry respo n si bl e for maximizing profit and value?

a) Stake h ol d e r theory
b) Shar e h ol d e r theo ry
c) Agency theo ry
d) Corpo r a t e gover n a n c e theo ry

8. SOX was cre a t e d in which count ry?

a) UK
 b) USA
c) UAE
d) EU

9. A crimin al offenc e by a direc to r of a limited liability comp a n y is a-

a) Ethical issue
b) Comp a r a t iv e act
c) Fra u d ul e n t act
d) Monopolistic act

10. Which of the following is res po n si bl e for sca m s ?

a) Jealousy
b) Anger
c) Greed
d) Fea r

11. Comp a ny accou n t a bility with refer e n c e to othe r parti es is called-

a) Ethical Code s
b) Moral Values
c) Social res po n si bility
d) Cultu r e

12. Comp e t e n c y and consist e n cy are distinc t char a c t e r i s ti c s that

cre a t e s-
a) Values
b) Attitud e s
c) Cultu r e
d) Orga niza tio n al socializa tion

13. Which one of the following is not a cha r a c t e r i s ti c of orga niz a tio n al
cultur e ?
a) Com mo n lang u a g e and norm s of behavior
b) Sust ain a bility issue s
c) Comm u nic a ti o n
d) Codes of condu c t for staff

14. Which ter m objective form a tio n relat e s to corpo r a t e gover n a n c e ?

a) Short ter m
b) Mediu m ter m
c) Very short ter m
d) Long ter m

15. The Board of Directo r s Chairp e r s o n is not lead e r whe n he has:

a) Busine s s sens e
b) Proble m solving skills
c) Ability to motivat e
 d) No sensitivity

16. What do you call a boar d elect e d in a classified syste m ?

a) Sta g g e r e d
b) Diversified
c) Declas sified
d) Rotatin g

17. Which of the following group s is comp a r e d to stake h ol d e r s with

sha r e h ol d e r s ?
a) Smalle r group
b) Large r grou p
c) Sepa r a t e group
d) Similar group

18. Which of the following is not true of a shar e h ol d e r ?

a) Inves to r
b) Stake h ol d e r
c) Comp a ny man a g e r
d) Comp a ny mem b e r

19. How do satisfied stake h ol d e r s behav e ?

a) Want cha n g e
b) Exit the orga niz a tio n
c) Degr a d e the comp a n y
d) Show loyalty

20. Who is an Indep e n d e n t Direct o r ?

a) Not having any othe r relation s hi p s in the comp a n y
b) Not suppo r t e d by the comp a ny
c) Not having outsid e conn e c tio n with othe r direc to r s
d) Active particip a n t in comp a ny activities