Question 1

Ethical executives abide by _______________ relating to their business activities.

Accepted Answer

A) laws 
B) rules 
C) laws, rules and regulations 
D) None of the above

Question 2

Which statement is/are true?

Accepted Answer

A) Ethics is not synonymous to religious morality or moral theology. 
B) Ethics is the principle that guide the human behaviour. 
C) The terms 'ethics' and 'morality' are not synonymous terms. 
D) All of the above

Question 3

Business ethics calls for avoidance of

Accepted Answer

A) Competition 
B) Publicity 
C) Monopoly 
D) Self Interest

Question 4

The main aim or objective of business is

Accepted Answer

A) to Increase in profit 
B) consumer satisfaction 
C) To become a business leader 
D) creation of job opportunities

Question 5

Holders of Public Office should promote and support the seven principles of public life by ___________ and prove to be example in whatever way they perform.

Accepted Answer

A) accountability 
B) integrity 
C) leadership 
D) Honesty

Question 6

________________ is a set of principles and expectations that are considered binding on any person who is member of a particular group.

Accepted Answer

A) Code of conduct 
B) Code of ethics 
C) Code of practice 
D) Any of the above

Exam 15: Exploring Codes of Conduct and the Importance of Business Ethics