In this post, students you will read about Business Ethics MCQs With Answers we hope this informative post will help you so don’t forget to read it completely if you want to complete your Business Ethics MCQs preparation for the final term exams only.
These multiple-choice questions are handwritten and taken from the final term syllabus only so don’t try them for the Business Ethics midterm exams. Students you know these mcqs are solved with the help of Microsoft AI which is available on Whatsapp so you can check before Business Ethics preparation be a few mcqs are conceptual.
Business Ethics Solved MCQs
| Post Topic | Solved MCQs |
| Book Code | MGT610 |
| Midterm/Final Term | Final Term |
| University | VU – Virtual University |
Business Ethics MCQs With Answers
The __ refers to the potential conflict between management and shareholders due to management’s control of financial rewards as well as the possibility of incompetent performance by managers.
Agency problem
Liquidity problem
Regulatory problem
Diversification problem
A shift to judgments based on rules or norms of a group to which the individual belongs is characteristic of which level of moral development?
Post-formal
Pre-conventional
Conventional
Post-conventional
Commodities that are considered valuable only because they lead to other good things are called:
Instrumental goods
Instrumental values
Intrinsic goods
Intrinsic values
The desire for a good or service best represents:
Need
Want
Desire
None of the given
Which of the following choices does NOT describe a situation that is covered by the concept of rights?
The absence of prohibitions against an activity
The authorization to do something to secure one’s interests
The necessity of doing something required by authority
The existence of prohibitions on others to enable individuals to pursue an activity
Which of the following holds that all public offices and employment should be made available to everyone?
The principle of equal liberty
The difference principle
The principle of equal opportunity
The principles of ethics
Which of the following is FALSE of Nozick’s theory of justice?
Theory is redistributive
None of the above options
Theory is historical
The theory is not patterned
Which of the following does NOT describe virtue?
The traits that everyone needs for a good life
An excellence that is admired in a person
A disposition to act in a multidimensional way
A specific state of character
Who presented the theory of absolute advantage?
Adam Smith
Friedrich A. Hike
Murray Roth bard
Eric Mack
John Maynard Keynes argues that the aggregate demand for goods and services is the sum of the demand of which of the following factor(s)?
Households
Businesses
Government
All of the given options
Which of the following is the price that just covers the costs of producing the commodity including the going rate of profit obtainable in other markets?
Natural price
Selling price
Price flexibility
Market price
Which of the following rights is embodied by perfectly competitive free markets?
Negative right of freedom from coercion
Positive right of freedom from coercion
Moral right of freedom from coercion
Ethical right of freedom from coercion
Which of the following refers to the undesirable and unintended contamination of the environment by the manufacture or use of commodities?
Toxic substance
Pollution
Acid rain
Airborne toxic
Which of the following is a public policy view that holds that large firms should not be broken up into smaller units but subjected to substantial governmental restraint and controls?
The Chicago School view
The do-nothing view
The anti-trust view
The regulation view
Which of the following public policy views claims that the power of oligopolies is not as large as it appears?
The Chicago School view
The do-nothing view
The anti-trust view
The regulation view