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MC090205909 : Sidra Ashraf

 

 

 

Quiz Start Time: 08:52 PM  Time Left  87

sec(s)   

 

 

Question # 1 of 20 ( Start time: 08:52:08 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

 

 

Haya g 

    

 

 

 

MC090205909 : Sidra Ashraf

 

 

 

Quiz Start Time: 08:52 PM  Time Left  81

sec(s)   

 

 

Question # 2 of 20 ( Start time: 08:52:49 PM )  Total Marks: 1 

Who argued in response to the free market and utility by Adam Smith that government should intervene because there is a mismatch between the aggregate supply and demand? 

Select correct option: 

 

 John Hicks

 

 Maynard Keynes

 

 Herbert Spencer

 

 Charles Darwin

 

 

 

    

 

 

 

MC090205909 : Sidra Ashraf

 

 

 

Quiz Start Time: 08:52 PM Haya g  Time Left  83

sec(s)   

 

 

Question # 3 of 20 ( Start time: 08:53:39 PM )  Total Marks: 1 

Study of ethics lies under_________? 

Select correct option: 

 

 Case Study 

 Normative Study

 Descriptive Study 

 Philosophical Study 

 

 

    

 

 

 

MC090205909 : Sidra Ashraf

 

 

 

Quiz Start Time: 08:52 PM  Time Left  87

sec(s)   

 

 

Question # 5 of 20 ( Start time: 08:57:27 PM )  Total Marks: 1 

How many sources of income Capitalist systems offers? 

Select correct option: 

 

 4

 3

 2

 5

 

 

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MC090205909 : Sidra Ashraf

 

 

 

Quiz Start Time: 08:52 PM  Time Left  89

sec(s)   

 

 

Question # 6 of 20 ( Start time: 08:58:29 PM )  Total Marks: 1 

Which of the following is TRUE regarding moral reasoning and its evaluation? 

Select correct option: 

 

 Moral reasoning does not involve factual or descriptive judgments

 Ordinary logical standards of validity do not apply to moral reasoning

 Special logical standards of validity do not apply to moral reasoning

 Moral reasoning involves normative or value judgments

 

 

    

 

 

 

MC090205909 : Sidra Ashraf

 

 

 

Quiz Start Time: 08:52 PM  Time Left  85

sec(s)   

 

 

Question # 7 of 20 ( Start time: 08:59:38 PM )  Total Marks: 1 

The Theory of Absolute Advantage was proposed by Adam Smith in? 

Select correct option: 

 

 1976

 1876

 1776

 None of the above

 

 

    

 

 

 

MC090205909 : Sidra Ashraf

 

 

 

Quiz Start Time: 08:52 PM  Time Left  85

sec(s)   

 

 

Question # 8 of 20 ( Start time: 08:59:57 PM )  Total Marks: 1 

Modern corporations consist of? 

Select correct option: 

 

 Stockholders

 Directors and employees

 Government agencies

 

 Both a & b

 

 

 

    

 

 

 

MC090205909 : Sidra Ashraf

 

 

 

Quiz Start Time: 08:52 PM  Time Left  86

sec(s)   

 

 

Question # 9 of 20 ( Start time: 09:00:27 PM )  Total Marks: 1 

John Locke proposed which concept? 

Select correct option: 

 

 Restricted market and justice

 Free market and justice

 Restricted market and rights

 Free market and rights

 

 

    

 

 

 

MC090205909 : Sidra Ashraf

 

 

 

Quiz Start Time: 08:52 PM www.vustudents.ning.com

 Time Left  86

sec(s)   

 

 

Question # 10 of 20 ( Start time: 09:01:21 PM )  Total Marks: 1 

Which one of the following factors may become a reason of revising the moral standard at maturity? 

Select correct option: 

 

 Experience

 Learning

 Intellectual development

 All of the above

 

 

    

 

 

 

MC090205909 : Sidra Ashraf

 

 

 

Quiz Start Time: 08:52 PM  Time Left  89

sec(s)   

 

 

Question # 11 of 20 ( Start time: 09:02:16 PM )  Total Marks: 1 

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

Select correct option: 

 

 Moral responsibility

 Moral ethics

 Moral virtue

 None of the above

 

 

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MC090205909 : Sidra Ashraf

 

 

 

Quiz Start Time: 08:52 PM  Time Left  83

sec(s)   

 

 

Question # 12 of 20 ( Start time: 09:03:10 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

 

 

    

 

 

 

MC090205909 : Sidra Ashraf

 

 

 

Quiz Start Time: 08:52 PM  Time Left  87

sec(s)   

 

 

Question # 13 of 20 ( Start time: 09:03:44 PM )  Total Marks: 1 

Principles of reversibility and Universalizability proposed by? 

Select correct option: 

 

 John Rawls

 

 Kantian

 Carl Max

 None of the above

 

 

 

    

 

 

 

MC090205909 : Sidra Ashraf

 

 

 

Quiz Start Time: 08:52 PM  Time Left  69

sec(s)   

 

 

Question # 14 of 20 ( Start time: 09:04:52 PM )  Total Marks: 1 

Studies indicate that which economic system has more advantages among all the systems? 

Select correct option: 

 

 Open Economy

 Closed Economy

 Mixed Economy

 None of the above

 

 

    

 

 

 

MC090205909 : Sidra Ashraf

 

 

 

Quiz Start Time: 08:52 PM  Time Left  88

sec(s)   

 

 

Question # 15 of 20 ( Start time: 09:05:45 PM )  Total Marks: 1 

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

Select correct option: 

 

 Interpersonal Concordance Orientation

 Universal Ethical Principles Orientation

 Social Contract Orientation

 Law and Order Orientation

 

 

    

 

 

 

MC090205909 : Sidra Ashraf

 

 

 

Quiz Start Time: 08:52 PM  Time Left  88

sec(s)   

 

 

Question # 16 of 20 ( Start time: 09:07:03 PM )  Total Marks: 1 

Which of the following regulates production and exchange in a free market, according to Adam Smith? 

Select correct option: 

 

 Supply and demand

 

 Supply and command

 

 Demand only

 

 Supply only

 

 

 

    

 

MC090205909 : Sidra Ashraf

 

 

 

Quiz Start Time: 08:52 PM      

Time Left

            86

 

           

Question # 18 of 20 ( Start time: 09:14:31 PM )            Total Marks: 1

Who proposed the concept of free market and utility?

 

Select correct option:

 

            John Locke

            Alasdair MacIntyre

            John Rawls

            Adam Smith

 

MC090205909 : Sidra Ashraf

 

 

 

Quiz Start Time: 08:52 PM      

Time Left          87

sec(s)  

 

Question # 19 of 20 ( Start time: 09:15:02 PM )            Total Marks: 1

The aim of the moral life is to develop the dispositions that we call virtues, and to exercise them as well is referred to as?

 

Select correct option:

 

            Ethics theory

            Relationship theory

            Virtue theory

            None of the above

 

 

MC090205909 : Sidra Ashraf

 

 

 

Quiz Start Time: 08:52 PM      

Time Left          86

sec(s)  

 

Question # 20 of 20 ( Start time: 09:16:14 PM )            Total Marks: 1

Through utilitarianism offers a clear-cut method of calculating morality. What are the number of problems identified in this method?

 

Select correct option:

 

            5

            4

            3

            2

 

MC090202991 : Syed Shajait Ali Bukhari

 

 

 

Quiz Start Time: 09:41 PM      

Time Left          88

sec(s)  

Question # 1 of 20 ( Start time: 09:41:36 PM ) Total Marks: 1

Who proposed the concept of free market and utility?

Select correct option:

            John Locke

            Alasdair MacIntyre

            John Rawls

            Adam Smith

 

 

MC090202991 : Syed Shajait Ali Bukhari

 

 

 

Quiz Start Time: 09:41 PM      

Time Left          83

sec(s)  

Question # 2 of 20 ( Start time: 09:41:56 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

 

 

MC090202991 : Syed Shajait Ali Bukhari

 

 

 

Quiz Start Time: 09:41 PM      

Time Left          85

sec(s)  

Question # 3 of 20 ( Start time: 09:42:24 PM ) Total Marks: 1

Study which doest not try to reach any conclusions is called_________.

Select correct option:

            Pilot Study

            Case Study

            Normative Study

            Descriptive Study

 

MC090202991 : Syed Shajait Ali Bukhari

 

 

 

Quiz Start Time: 09:41 PM      

Time Left          84

sec(s)  

Question # 4 of 20 ( Start time: 09:42:58 PM ) Total Marks: 1

Arthur Andersen was associated with?

Select correct option:

            Enron

            General Motors

            Dell Computers

            Wal-Mart

MC090202991 : Syed Shajait Ali Bukhari

 

 

 

Quiz Start Time: 09:41 PM      

Time Left          81

sec(s)  

Question # 5 of 20 ( Start time: 09:44:04 PM ) Total Marks: 1

Which philosopher of utilitarianism presents the cost-benefit analysis?

Select correct option:

            Aristotle

            Mill

            Kant

            Bentham

MC090202991 : Syed Shajait Ali Bukhari

 

 

 

Quiz Start Time: 09:41 PM      

Time Left          84

sec(s)  

Question # 6 of 20 ( Start time: 09:44:53 PM ) Total Marks: 1

Corporate actions do depend on?

Select correct option:

            Corprate members

            Legal persons

            Human individuals

            None of the above

 

 

MC090202991 : Syed Shajait Ali Bukhari

 

 

 

Quiz Start Time: 09:41 PM      

Time Left          88

sec(s)  

Question # 8 of 20 ( Start time: 09:54:16 PM ) Total Marks: 1

Which one of the following does not have any contribution towards moral development?

Select correct option:

            Gilligan

            Kohlberg

            Henry Fayol

            None of the above

MC090202991 : Syed Shajait Ali Bukhari

 

 

 

Quiz Start Time: 09:41 PM      

Time Left          83

sec(s)  

Question # 9 of 20 ( Start time: 09:54:44 PM ) Total Marks: 1

According to Aristotle’s view, how do we learn virtue?

Select correct option:

            By habit

            By dialectical argument

            By rational instruction

            By learning from our mistakes

MC090202991 : Syed Shajait Ali Bukhari

 

 

 

Quiz Start Time: 09:41 PM      

Time Left          86

sec(s)  

Question # 10 of 20 ( Start time: 09:56:01 PM )            Total Marks: 1

How many assumptions Ricardo proposed?

Select correct option:

            2

            3

            4

            None of the above

 

MC090202991 : Syed Shajait Ali Bukhari

 

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Quiz Start Time: 09:41 PM      

Time Left          80

sec(s)  

Question # 11 of 20 ( Start time: 09:56:36 PM )            Total Marks: 1

Equality of income and equality of opportunity is refers to:

Select correct option:

            Equality

            Political equality

            Economic equality

            Human equality

MC090202991 : Syed Shajait Ali Bukhari

 

 

 

Quiz Start Time: 09:41 PM      

Time Left          83

sec(s)  

Question # 12 of 20 ( Start time: 09:57:40 PM )            Total Marks: 1

Survival of the best is school of thought known as?

Select correct option:

            Social equity

            Social Darwinism

            Social Justice

            None of the above

 

MC090202991 : Syed Shajait Ali Bukhari

 

 

 

Quiz Start Time: 09:41 PM      

Time Left          79

sec(s)  

Question # 13 of 20 ( Start time: 09:58:00 PM )            Total Marks: 1

John Maynard Keynes arguments were the most influential in economics, when they become less convincing?

Select correct option:

            1970

            1980

            1960

            1990

MC090202991 : Syed Shajait Ali Bukhari

 

 

 

Quiz Start Time: 09:41 PM      

Time Left          86

sec(s)  

Question # 14 of 20 ( Start time: 09:58:49 PM )            Total Marks: 1

Which one of the following is not considered as category of issues involving justice?

Select correct option:

            Distributive justice

            Retributive justice

            Compulsory justice

            Compensatory justice

MC090202991 : Syed Shajait Ali Bukhari

 

 

 

Quiz Start Time: 09:41 PM      

Time Left          83

sec(s)  

Question # 16 of 20 ( Start time: 10:07:03 PM )            Total Marks: 1

Studies indicate that which economic system has more advantages among all the systems?

Select correct option:

            Open Economy

            Closed Economy

            Mixed Economy

            None of the above

MC090202991 : Syed Shajait Ali Bukhari

 

 

 

Quiz Start Time: 09:41 PM      

Time Left          85

sec(s)  

Question # 17 of 20 ( Start time: 10:08:00 PM )            Total Marks: 1

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

Select correct option:

            Retributive justice

            Compensatory justice

            Distributive justice

            Ethical justice

MC090202991 : Syed Shajait Ali Bukhari

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MC090202991 : Syed Shajait Ali Bukhari

 

 

 

Quiz Start Time: 09:41 PM      

Time Left          80

sec(s)  

Question # 20 of 20 ( Start time: 10:14:29 PM )            Total Marks: 1

Which one of the following is not included as a part of moral standard?

Select correct option:

            Values

            Social class

            Beliefs

            Norms

 

 

Quiz Start Time: 09:41 PM      

Time Left          88

sec(s)  

Question # 18 of 20 ( Start time: 10:09:14 PM )            Total Marks: 1

Which of the following refers to the ability of a person or a country to produce a particular good at a lower opportunity cost than another country?

Select correct option:

            Absolute advantage

            Comparative advantage

            Resource efficiency

            Natural advantage

MGT610 Business Ethics Mid  Term Paper solved

 

 

 Question No: 1 ( Marks: 1 ) - Please choose one

 The modern corporations consist of ________.

 None of the given

 Stock holders, Employees, Customers

 Stock holders, Employees, Directors

 Directors, Managers, Customers

 

Question No: 2 ( Marks: 1 ) - Please choose one

 Which one of the following is NOT the criterion employed by different ethicists to

 evaluate moral reasoning?

 Moral reasoning must be logical

 Factual evidence must be accurate, relevant, and complete

 Moral standards must be consistent

 Moral development must be ethical

 

Question No: 3 ( Marks: 1 ) - Please choose one

 Mujeeb and Imran are defendants charged by the government for insider trading. According to the prisoner's dilemma scenario what will result in the worst outcome for

 Mujeeb?

 Mujeeb confesses and Imran does not.

 Both Mujeeb and Imran confess.

 Both Mujeeb and Imran stay silent.

 Mujeeb doesn't confess and Imran does.

 

Question No: 4 ( Marks: 1 ) - Please choose one

 Who is the supporter of Categorical Imperative?

 Kant

 Sidgwick

 Bentham

 Mill

 

Question No: 5 ( Marks: 1 ) - Please choose one

 If Sameer destroy Sajjid s property or injure him bodily, Sameer will be held morally responsible for paying him damages. This is an example of:

 Redistributive justice

 Compensatory justice

 Distributive justice

 Socialist s justice

 

Question No: 6 ( Marks: 1 ) - Please choose one

 Suppose a female manager supervises 10 people and one of them is a friend of hers. One day she catches her friend stealing from the company. Should she turn in her friend as company policy requires or should she say nothing to protect her friend. This is an example of?

 Demands of caring

 Demand of justice

 Conflict between caring and justice

 None of the given options

 

Question No: 7 ( Marks: 1 ) - Please choose one

 Which one of the following moral judgment approaches will be used when someone's actions and policies will substantially affect the welfare and freedom of specifiable individuals?

 Utility

 Rights

 Justice

 Caring

 

Question No: 8 ( Marks: 1 ) - Please choose one

 In which system slavery would be entirely legal?

 Free market system

 Command economy system

 Voluntary exchange system

 Pure free market system

 

Question No: 9 ( Marks: 1 ) - Please choose one

 Who has defended free markets on the basis of utilitarian argument?

 Friedrich A. Hayek

 Alasdair MacIntyre

 Adam smith

 John Locke

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Question No: 10 ( Marks: 1 ) - Please choose one

 Which of the following is an economic system in which the means of production are privately owned and operated for a profit?

 Communism

 Capitalism

 Liberalism

 Socialism

 Question No: 11 ( Marks: 1 ) - Please choose one

 Which of the following economist has the harshest and most influential critics of the inequalities that private property institutions and free markets accused of creating?

 John Maynard Keynes

 Karl Marx

 Adam Smith

 David Ricardo

 Question No: 12 ( Marks: 1 ) - Please choose one

 Which of the following is NOT a moral outcome of perfectly competitive markets?

 Justice

 Utility

 Rights

 Faith

 

Question No: 13 ( Marks: 1 ) - Please choose one

 Chicken Delight is chain of food stores whose major product is chicken. Chicken Delight would sell a franchise license to a person only if the person also agreed to purchase a certain number of cookers, fryers, and other suppliers. This is an example of:

 Tying arrangement

 Exclusive dealing arrangement

 Retail price maintenance agreement

 Manipulation of supply

 

 

 Question # 1 of 15 ( Start time: 08:56:08 PM ) Total Marks: 1

 

Which markets embody sense of justice?

 

Select correct option:

 

 

 

Mixed markets

 

Liberal markets

 

Free markets

 

None of the above

 

 

 

 

 

 

 

 

 

Question # 2 of 15 ( Start time: 08:56:53 PM ) Total Marks: 1

 

Which of the following choices does NOT describe a situation that is covered by the concept of rights?

 

Select correct option:

 

 

 

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

 

 

 

 

 

 

 

Question # 3 of 15 ( Start time: 08:58:22 PM ) Total Marks: 1

 

Which theory claims that people would be lazy without private property?

 

Select correct option:

 

 

 

Capitalism

 

Socialism

 

Utilitarianism

 

None of the above

 

 

 

Question # 4 of 15 ( Start time: 08:59:27 PM ) Total Marks: 1

 

The most influential economic institutions are designed to achieve?

 

Select correct option:

 

Production of the goods

 

Distribution of the goods

 

Both a & b

 

None of the above

 

 

 

 

 

 

 

 

 

 

 

Question # 5 of 15 ( Start time: 09:00:22 PM ) Total Marks: 1

 

According to Aristotle’s view, how do we learn virtue?

 

Select correct option:

 

 

 

By habit

 

By dialectical argument

 

By rational instruction

 

By learning from our mistakes

 

 

 

Question # 6 of 15 ( Start time: 09:01:07 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 # 7 of 15 ( Start time: 09:02:22 PM ) Total Marks: 1

 

The concept that there are no relevant differences among people that can justify unequal treatment is known as?

 

Select correct option:

 

Egalitarianism

 

Utilitarianism

 

Socialism

 

None of the above

 

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Question # 8 of 15 ( Start time: 09:03:44 PM ) Total Marks: 1

 

Commodities that are considered valuable only because they lead to other good things are called:

 

Select correct option:

 

 

 

Instrumental goods

 

Instrumental values

 

Intrinsic goods

 

Intrinsic values

 

 

 

 

 

 

 

 

 

 

 

 

 

Question # 9 of 15 ( Start time: 09:05:10 PM ) Total Marks: 1

 

Socialist view on distribution is best described as:

 

Select correct option:

 

 

 

From each according to his ability, to each according to his needs

 

The benefits a person receives should be proportional to his contribution

 

From each they choose, to each as they are chosen

 

Always treat humanity as an end in itself rather than as a means

 

 

 

 

 

Question # 10 of 15 ( Start time: 09:06:06 PM ) Total Marks: 1

 

Factual evidence has the following properties except?

 

Select correct option:

 

Time bound

 

Accurate

 

Relevant

 

Complete

 

 

 

Question # 11 of 15 ( Start time: 09:06:55 PM ) Total Marks: 1

 

In which country Locke’s property rights have been influential?

 

Select correct option:

 

England

 

Germany

 

America

 

Greek

 

 

 

Question # 12 of 15 ( Start time: 09:07:27 PM ) Total Marks: 1

 

Which of the following are the criteria for determining moral right and wrong?

 

Select correct option:

 

Universalizability

 

Reversibility

 

Both a & b

 

None of the above

 

 

 

Question # 13 of 15 ( Start time: 09:08:06 PM ) Total Marks: 1

 

Utilitarianism is unable to deal with following kind of moral issues?

 

Select correct option:

 

Rights

 

Justice

 

Both a & b

 

None of the above

 

 

 

 

 

Question # 14 of 15 ( Start time: 09:08:50 PM ) Total Marks: 1

 

What are the levels on which ethical decision making occurs?

 

Select correct option:

 

 

 

Individual

 

Organizational

 

Business system

 

All of the given

 

 

 

 

 

Question # 15 of 15 ( Start time: 09:09:28 PM ) Total Marks: 1

 

Privacy is an example of?

 

Select correct option:

 

 

 

Positive right

 

Basic need

 

Negative right

 

None of the above

Question # 1 of 15 ( Start time: 09:16:17 PM ) Total Marks: 1

 

Which theory includes means of production and selling one's labor?

 

Select correct option:

 

 

 

Capitalist systems

 

Free economy system

 

Socialist system

 

None of the above

 

capitalist systems offer only two sources of income–owning the means of production and

 

selling one's labor–workers

 

 

 

 

 

Question # 2 of 15 ( Start time: 09:17:26 PM ) Total Marks: 1

 

Equality of income and equality of opportunity is refers to:

 

Select correct option:

 

 

 

Equality

 

Political equality

 

Economic equality

 

Human equality

 

 

 

Question # 3 of 15 ( Start time: 09:17:59 PM ) Total Marks: 1

 

Through utilitarianism offers a clear-cut method of calculating morality. What is the number of problems identified with this method?

 

Select correct option:

 

 

 

5

 

4

 

3

 

2

 

 

 

 

 

Question # 4 of 15 ( Start time: 09:19:21 PM ) Total Marks: 1

 

Who presented the theory of absolute advantage?

 

Select correct option:

 

 

 

Adam Smith

 

 

 

Friedrich A. Hike

 

 

 

Murray Roth bard

 

 

 

Eric Mack

 

 

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Question # 5 of 15 ( Start time: 09:20:14 PM ) Total Marks: 1

 

Which of the following are components of free market systems?

 

Select correct option:

 

Private property system

 

Voluntary exchange system

 

Both a & b

 

None of the above

 

Free market systems have two main components: a private property system and a voluntary exchange system. Pure free market systems would have absolutely no constraints on what on can own and what one can do with it

 

 

 

 

 

Question # 6 of 15 ( Start time: 09:21:08 PM ) Total Marks: 1

 

What are the levels on which ethical decision making occurs?

 

Select correct option:

 

 

 

Individual

 

Organizational

 

Business system

 

All of the given

 

 

 

Question # 7 of 15 ( Start time: 09:21:55 PM ) Total Marks: 1

 

Which one of the following is not an essential component of moral reasoning?

 

Select correct option:

 

 

 

Understanding of reasonable requirement of moral standard

 

 

 

Evidence or information regarding these moral standards

 

 

 

Both a & b

 

 

 

None of the given options

 

 

 

 

 

Question # 8 of 15 ( Start time: 09:22:44 PM ) Total Marks: 1

 

How many sources of income Capitalist systems offer?

 

Select correct option:

 

 

 

4

 

3

 

2

 

5

 

 

 

 

 

Question # 9 of 15 ( Start time: 09:23:40 PM ) Total Marks: 1

 

Which of the following refers to the ability of a person or a country to produce a particular good at a lower opportunity cost than another country?

 

Select correct option:

 

 

 

Absolute advantage

 

 

 

Comparative advantage

 

 

 

Resource efficiency

 

 

 

Natural advantage

 

 

 

Question # 10 of 15 ( Start time: 09:25:03 PM ) Total Marks: 1

 

Which one of the following is not a basic type of moral standards?

 

Select correct option:

 

 

 

Utilitarianism

 

Rights

 

Justice

 

Relevant

 

 

 

 

 

Question # 11 of 15 ( Start time: 09:25:54 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 # 12 of 15 ( Start time: 09:26:14 PM ) Total Marks: 1

 

Which one of the following is NOT a trait of character that makes an individual a morally good human being?

 

Select correct option:

 

 

 

Courage

 

Temperance

 

Hope

 

Justice

 

 

 

 

 

Question # 13 of 15 ( Start time: 09:27:39 PM ) Total Marks: 1

 

The limited rights and correlative duties that arise when one person enters an agreement with another person is the definition of:

 

Select correct option:

 

 

 

Contract

 

Justice

 

Special obligations

 

Legal rights

 

 

 

 

 

Question # 14 of 15 ( Start time: 09:28:37 PM ) Total Marks: 1

 

Which one is the justice concern of blaming or punishing persons for doing wrong?

 

Select correct option:

 

 

 

Distributive justice

 

Redistributive justice

 

Compensatory justice

 

None of the given

 

 

 

Question # 15 of 15 ( Start time: 09:29:34 PM ) Total Marks: 1

 

Which of the following is the combining of two or more independent bodies into a single body?

 

Select correct option:

 

 www.vustudents.ning.com

 

 

Joint venture

 

 

 

Merger

 

 

 

Management contract

 

 

 

Licensing  

 

Question # 1 of 15 ( Start time: 09:39:55 PM ) Total Marks: 1

 

Which one of the following does not come under Interpersonal Concordance Orientation?

 

Select correct option:

 

Trust

 

Opinion

 

Affection

 

Loyalty

 

 

 

 

 

Question # 2 of 15 ( Start time: 09:41:02 PM ) Total Marks: 1

 

Which one is considered as primary economic institution?

 

Select correct option:

 

Business Enterprises

 

Banks

 

Insurance companies

 

None of the above

 

 

 

 

 

 

 

Question # 3 of 15 ( Start time: 09:41:52 PM ) Total Marks: 1

 

The idea that moral rightness or wrongness is culture-dependent is an example of

 

Select correct option:

 

Moral relativism

 

Moral absolutism

 

Categorical imperative

 

Universality

 

 

 

 

 

Question # 4 of 15 ( Start time: 09:43:02 PM ) Total Marks: 1

 

What was the number of the patients suffering from river blindness in Africa andLatin America?

 

Select correct option:

 

16 million

 

17 million

 

17.5 million

 

18 million

 

 

 

Question # 5 of 15 ( Start time: 09:43:55 PM ) Total Marks: 1

 

How many considerations are there when to determine what the moral thing to do on any particular occasion?

 

Select correct option:

 

2

 

4

 

3

 

None of the above

 

 

 

Question # 6 of 15 ( Start time: 09:44:50 PM ) Total Marks: 1

 

The type with which one looks only at moral rules or actions of a particular type is known as?

 

Select correct option:

 

Rule utilitarianism

 

Utilitarianism

 

Both a & b

 

None of the above

 

 

 

 

 

Quiz Start Time: 09:39 PM

 

Time Left 88

 

sec(s)

 

Question # 7 of 15 ( Start time: 09:46:02 PM ) Total Marks: 1

 

Which market approximates the model of the perfectly competitive free market?

 

Select correct option:

 

Agricultural market

 

Commodity market

 

Securities market

 

None of the above

 

 

 

 

 

 

 

Question # 8 of 15 ( Start time: 09:47:33 PM ) Total Marks: 1

 

Which one of the following is not considered as part of the three stages of moral development proposed by Carol Gilligan?

 

Select correct option:

 

Social Contract Orientation

 

principled morality

 

conventional morality

 

progressing from selfish

 

 

 

Question # 9 of 15 ( Start time: 09:48:59 PM ) Total Marks: 1

 

What is the number of characteristics that differentiate between moral and non-moral standards?

 

Select correct option:

 

5

 

4

 

2

 

1

 

 

 

Question # 10 of 15 ( Start time: 09:50:01 PM ) Total Marks: 1

 

First principle of John Rawls theory is called:

 

Select correct option:

 

Difference principle

 

Principle of equal liberty

 

Principle of fair equality of opportunity

 

Original position

 

 

 

Question # 11 of 15 ( Start time: 09:51:16 PM ) Total Marks: 1

 

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

 

Select correct option:

 

People

 

Government

 

Voters

 

Workers

 

 

 

Question # 12 of 15 ( Start time: 09:52:10 PM ) Total Marks: 1

 

The behavior respects the basic rights of the individuals involved and whether the behavior is consistent with one's agreements and special duties is referred as?

 

Select correct option:

 

Standards of justice

 

Standards of caring

 

Standards that specify how individuals must be treated

 

None of the above

 

 

 

 

 

 

 

Question # 13 of 15 ( Start time: 09:53:20 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

 

 

 

Over time, more and more countries have moved toward greater economic freedom.

 

Countries ranking highest on this index tend to enjoy both the highest standards of living

 

 

 

Question # 14 of 15 ( Start time: 09:54:51 PM ) Total Marks: 1

 

Which one of the following is not an essential component of moral reasoning?

 

Select correct option:

 

Understanding of reasonable requirement of moral standard

 

Evidence or information regarding these moral standards

 

Both a & b

 

None of the given options

 

 

 

 

 

Question # 15 of 15 ( Start time: 09:55:24 PM ) Total Marks: 1

 

Which one of the following study aims to discover “what should be”?

 

Select correct option:

 

Moral Study

 

Descriptive Study

 

Normative Study

 

Study of Ethics

Which one of the country has more collectivist culture?

 USA

 Japan

 Pakistan

 None of the above

 

Socialist view on distribution is best described as:

 From each according to his ability, to each according to his needs

 The benefits a person receives should be proportional to his contribution

 From each they choose, to each as they are chosen

 Always treat humanity as an end in itself rather than as a means

 What is the number of characteristics that differentiate between moral and non-moral standards?

 5

 4

 2

 1

 

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 multidimensional way

 A specific state of character

 

Which one of the following is not considered as category of issues involving justice?

 Distributive justice

 Retributive justice

 Compulsory justice

 Compensatory justice

 

Which one is the justice concern of blaming or punishing persons for doing wrong?

 Distributive justice

 Redistributive justice

 Compensatory justice

 None of the given

 

Moral standards are absorbed from?

 Family & Friends

 Experience

 Intellectual capital

 All of the above

 

Individual actions are directed through

 Policies

 Culture

 Associations

 Both a & b

 

Equality of income and equality of opportunity is refers to:

 Equality

 Political equality

 Economic equality

 Human equality

 

Which one of the following is not a basic type of moral standards?

 Utilitarianism

 Rights

 Justice

 Relevant

 

Which one of the following is a component of free market systems?

 Private property system

 Involuntary exchange system

 Command system

 None of the given

 

Which philosopher of utilitarianism presents the cost-benefit analysis?

 Aristotle

 Mill

 Kant

 Bentham

 

Which principle of John Rawls assumes that a productive society will incorporate inequalities?

 Principle 1

 Principle 2

 Part a of principle 2

 Part b of principle 2

 

MGT610 business ethics

 

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

 

Select correct option:

 Interpersonal Concordance Orientation

 Universal Ethical Principles Orientation

 Social Contract Orientation

 Law and Order Orientation

 Which one is considered as primary economic institution?

 Select correct option:

 Business Enterprises

 Banks

 Insurance companies

 None of the above

 Kohlberg's research indicates that pre-conventional reasoning is dominant in:

 Select correct option:

 Elementary school

 Adulthood (not sure)

 Adolescence

 Old age

 In how many ways efficiency comes about in perfectly competitive free markets?

 Select correct option:

 Two ways

 Three ways

 Four ways

 None of the above

 Which of the following is NOT a feature of free market?

 Select correct option:

 Free choice

 Free enterprise

 Price flexibility

 Price fixing

 Individual actions are directed through

 Select correct option:

 Policies

 Culture

 Associations

 Both a & b

 In which Year Township and village enterprises (TVEs) legalized?

 Select correct option:

 1974

 1984

 1994

 2004

 

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

 Select correct option:

 Retributive justice

 Compensatory justice

 Distributive justice

 Ethical justice

 Which one of the following is not a basic type of moral standards?

 Select correct option:

 Utilitarianism

 Rights

 Justice

 Relevant

 

 Which statement reflects the "punishment and obedience orientation" stage (stage one) of moral development? www.vustudents.ning.com

 

 Select correct option:

 I don't steal because my friends don't steal

 I don't steal because I don't want to be spanked

 I don't steal because it would harm society as a whole

 I don't steal because it wouldn't be fair to everyone else if I did

 

 A principle that describes that it would be acceptable to a group of rational, self interested persons who know they will live under it themselves is known as?

 Select correct option:

 Moral

 Basic

 Immoral

 None of the above

 

 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

 

 Who presented the theory of absolute advantage?

 Select correct option:

 Adam Smith

 Friedrich A. Hike

 Murray Roth bard

 Eric Mack

 

 Moral standards are absorbed from?

 Select correct option:

 Family & Friends

 Experience

 Intellectual capital

 All of the above

 

 Which one of the following ethic sees concrete communities and communal relationships as having a fundamental value?

 Select correct option:

 The care of ethic

 Demands of caring

 Communitarian ethic

 Socialism

 

 

 

 

 

 

 

Question # 1 of 15 ( Start time: 08:56:08 PM ) Total Marks: 1

Which markets embody sense of justice?

Select correct option:

 

Mixed markets

Liberal markets

Free markets

None of the above

 

 

 

 

Question # 2 of 15 ( Start time: 08:56:53 PM ) Total Marks: 1

Which of the following choices does NOT describe a situation that is covered by the concept of rights?

Select correct option:

 

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

 

 

 

Question # 3 of 15 ( Start time: 08:58:22 PM ) Total Marks: 1

Which theory claims that people would be lazy without private property?

Select correct option:

 

Capitalism

Socialism

Utilitarianism

None of the above

 

Question # 4 of 15 ( Start time: 08:59:27 PM ) Total Marks: 1

The most influential economic institutions are designed to achieve?

Select correct option:

Production of the goods

Distribution of the goods

Both a & b

None of the above

 

 

 

 

 

Question # 5 of 15 ( Start time: 09:00:22 PM ) Total Marks: 1

According to Aristotle’s view, how do we learn virtue?

Select correct option:

 

By habit

By dialectical argument

By rational instruction

By learning from our mistakes

 

Question # 6 of 15 ( Start time: 09:01:07 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 # 7 of 15 ( Start time: 09:02:22 PM ) Total Marks: 1

The concept that there are no relevant differences among people that can justify unequal treatment is known as?

Select correct option:

Egalitarianism

Utilitarianism

Socialism

None of the above

 

Question # 8 of 15 ( Start time: 09:03:44 PM ) Total Marks: 1

Commodities that are considered valuable only because they lead to other good things are called:

Select correct option:

 

Instrumental goods

Instrumental values

Intrinsic goods

Intrinsic values

 

 

 

 

 

 

Question # 9 of 15 ( Start time: 09:05:10 PM ) Total Marks: 1

Socialist view on distribution is best described as:

Select correct option:

 

From each according to his ability, to each according to his needs

The benefits a person receives should be proportional to his contribution

From each they choose, to each as they are chosen

Always treat humanity as an end in itself rather than as a means

 

 

Question # 10 of 15 ( Start time: 09:06:06 PM ) Total Marks: 1

Factual evidence has the following properties except?

Select correct option:

Time bound

Accurate

Relevant

Complete

 

Question # 11 of 15 ( Start time: 09:06:55 PM ) Total Marks: 1

In which country Locke’s property rights have been influential?

Select correct option:

England

Germany

America

Greek

 

Question # 12 of 15 ( Start time: 09:07:27 PM ) Total Marks: 1

Which of the following are the criteria for determining moral right and wrong?

Select correct option:

Universalizability

Reversibility

Both a & b

None of the above

 

Question # 13 of 15 ( Start time: 09:08:06 PM ) Total Marks: 1

Utilitarianism is unable to deal with following kind of moral issues?

Select correct option:

Rights

Justice

Both a & b

None of the above

 

 

Question # 14 of 15 ( Start time: 09:08:50 PM ) Total Marks: 1

What are the levels on which ethical decision making occurs?

Select correct option:

 

Individual

Organizational

Business system

All of the given

 

www.vustudents.ning.com

 

Question # 15 of 15 ( Start time: 09:09:28 PM ) Total Marks: 1

Privacy is an example of?

Select correct option:

 

Positive right

Basic need

Negative right

None of the above

 

 

Question # 1 of 15 ( Start time: 09:16:17 PM ) Total Marks: 1

Which theory includes means of production and selling one's labor?

Select correct option:

 

Capitalist systems

Free economy system

Socialist system

None of the above

capitalist systems offer only two sources of income–owning the means of production and

selling one's labor–workers

 

 

Question # 2 of 15 ( Start time: 09:17:26 PM ) Total Marks: 1

Equality of income and equality of opportunity is refers to:

Select correct option:

 

Equality

Political equality

Economic equality

Human equality

 

Question # 3 of 15 ( Start time: 09:17:59 PM ) Total Marks: 1

Through utilitarianism offers a clear-cut method of calculating morality. What is the number of problems identified with this method?

Select correct option:

 

5

4

3

2

 

 

Question # 4 of 15 ( Start time: 09:19:21 PM ) Total Marks: 1

Who presented the theory of absolute advantage?

Select correct option:

 

Adam Smith

 

Friedrich A. Hike

 

Murray Roth bard

 

Eric Mack

 

Question # 5 of 15 ( Start time: 09:20:14 PM ) Total Marks: 1

Which of the following are components of free market systems?

Select correct option:

Private property system

Voluntary exchange system

Both a & b

None of the above

Free market systems have two main components: a private property system and a voluntary exchange system. Pure free market systems would have absolutely no constraints on what on can own and what one can do with it

 

 

Question # 6 of 15 ( Start time: 09:21:08 PM ) Total Marks: 1

What are the levels on which ethical decision making occurs?

Select correct option:

 

Individual

Organizational

Business system

All of the given

 

Question # 7 of 15 ( Start time: 09:21:55 PM ) Total Marks: 1

Which one of the following is not an essential component of moral reasoning?

Select correct option:

 

Understanding of reasonable requirement of moral standard

 

Evidence or information regarding these moral standards

 

Both a & b

 

None of the given options

 

 

Question # 8 of 15 ( Start time: 09:22:44 PM ) Total Marks: 1

How many sources of income Capitalist systems offer?

Select correct option:

 

4

3

2

5

 

 

Question # 9 of 15 ( Start time: 09:23:40 PM ) Total Marks: 1

Which of the following refers to the ability of a person or a country to produce a particular good at a lower opportunity cost than another country?

Select correct option:

www.vustudents.ning.com

 

Absolute advantage

 

Comparative advantage

 

Resource efficiency

 

Natural advantage

 

Question # 10 of 15 ( Start time: 09:25:03 PM ) Total Marks: 1

Which one of the following is not a basic type of moral standards?

Select correct option:

 

Utilitarianism

Rights

Justice

Relevant

 

 

Question # 11 of 15 ( Start time: 09:25:54 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 # 12 of 15 ( Start time: 09:26:14 PM ) Total Marks: 1

Which one of the following is NOT a trait of character that makes an individual a morally good human being?

Select correct option:

 

Courage

Temperance

Hope

Justice

 

 

Question # 13 of 15 ( Start time: 09:27:39 PM ) Total Marks: 1

The limited rights and correlative duties that arise when one person enters an agreement with another person is the definition of:

Select correct option:

 

Contract

Justice

Special obligations

Legal rights

 

 

Question # 14 of 15 ( Start time: 09:28:37 PM ) Total Marks: 1

Which one is the justice concern of blaming or punishing persons for doing wrong?

Select correct option:

 

Distributive justice

Redistributive justice

Compensatory justice

None of the given

 

Question # 15 of 15 ( Start time: 09:29:34 PM ) Total Marks: 1

Which of the following is the combining of two or more independent bodies into a single body?

Select correct option:

 

Joint venture

 

Merger

 

Management contract

 

Licensing   

                                    

Question # 1 of 15 ( Start time: 09:39:55 PM ) Total Marks: 1

Which one of the following does not come under Interpersonal Concordance Orientation?

Select correct option:

Trust

Opinion

Affection

Loyalty

 

 

Question # 2 of 15 ( Start time: 09:41:02 PM ) Total Marks: 1

Which one is considered as primary economic institution?

Select correct option:

Business Enterprises

Banks

Insurance companies

None of the above

 

 

 

Question # 3 of 15 ( Start time: 09:41:52 PM ) Total Marks: 1

The idea that moral rightness or wrongness is culture-dependent is an example of

Select correct option:

Moral relativism

Moral absolutism

Categorical imperative

Universality

www.vustudents.ning.com

 

 

Question # 4 of 15 ( Start time: 09:43:02 PM ) Total Marks: 1

What was the number of the patients suffering from river blindness in Africa and Latin America?

Select correct option:

16 million

17 million

17.5 million

18 million

 

Question # 5 of 15 ( Start time: 09:43:55 PM ) Total Marks: 1

How many considerations are there when to determine what the moral thing to do on any particular occasion?

Select correct option:

2

4

3

None of the above

 

Question # 6 of 15 ( Start time: 09:44:50 PM ) Total Marks: 1

The type with which one looks only at moral rules or actions of a particular type is known as?

Select correct option:

Rule utilitarianism

Utilitarianism

Both a & b

None of the above

 

 

Quiz Start Time: 09:39 PM

Time Left 88

sec(s)

Question # 7 of 15 ( Start time: 09:46:02 PM ) Total Marks: 1

Which market approximates the model of the perfectly competitive free market?

Select correct option:

Agricultural market

Commodity market

Securities market

None of the above

 

 

 

Question # 8 of 15 ( Start time: 09:47:33 PM ) Total Marks: 1

Which one of the following is not considered as part of the three stages of moral development proposed by Carol Gilligan?

Select correct option:

Social Contract Orientation

principled morality

conventional morality

progressing from selfish

 

Question # 9 of 15 ( Start time: 09:48:59 PM ) Total Marks: 1

What is the number of characteristics that differentiate between moral and non-moral standards?

Select correct option:

5

4

2

1

 

Question # 10 of 15 ( Start time: 09:50:01 PM ) Total Marks: 1

First principle of John Rawls theory is called:

Select correct option:

Difference principle

Principle of equal liberty

Principle of fair equality of opportunity

Original position

 

Question # 11 of 15 ( Start time: 09:51:16 PM ) Total Marks: 1

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

Select correct option:

People

Government

Voters

Workers

www.vustudents.ning.com

 

Question # 12 of 15 ( Start time: 09:52:10 PM ) Total Marks: 1

The behavior respects the basic rights of the individuals involved and whether the behavior is consistent with one's agreements and special duties is referred as?

Select correct option:

Standards of justice

Standards of caring

Standards that specify how individuals must be treated

None of the above

 

 

 

Question # 13 of 15 ( Start time: 09:53:20 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

 

Over time, more and more countries have moved toward greater economic freedom.

Countries ranking highest on this index tend to enjoy both the highest standards of living

 

Question # 14 of 15 ( Start time: 09:54:51 PM ) Total Marks: 1

Which one of the following is not an essential component of moral reasoning?

Select correct option:

Understanding of reasonable requirement of moral standard

Evidence or information regarding these moral standards

Both a & b

None of the given options

 

 

Question # 15 of 15 ( Start time: 09:55:24 PM ) Total Marks: 1

Which one of the following study aims to discover “what should be”?

Select correct option:

Moral Study

Descriptive Study

Normative Study

Study of Ethics

 

www.vustudents.ning.com

 

thanks a lot Sir.

This is also a collection of MCQ

Attachments:

 navid ahmad Thanks for sharing your paper 

Note for All Members: You don’t need to go any other site for current Mid Term papers fall 2012, Because All discussed data/sharing of our members in this discussion are going from here to other sites. You can judge this at other sites yourself. So don’t waste your precious time with different links.

 

Sir these are for midterm papers. We need Final Term past papers sir please upload sir.

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