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MGT610 - Business Ethics,

Quiz # 3,

Start Date Feb 09, 2015 12:00 AM

End Date Feb 10, 2015 11:59 PM

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The products that the worker produces by his or her labor are taken away by the employer and used for purposes that are antagonistic to the worker's own interests is an argument of?  Capitalist societies

Which of the following is NOT a resource in economy?   Demand

Pinto was an offer from which company?   Ford

ABC Company has a monopoly on bottled water sales in Karachi. If the price of tap water increases, the profit of the company will:?   Increase

Which of the following statements could NOT be made by a believer in ecological ethics? The world must be protected for the sake of human beings

If a principle is acceptable to a group of rational,self-interested persons who know they will live under it themselves then it is known as?  none of the above

Which of the following is NOT true for monopoly?  Freedom of entry and exit

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

The three major types of ethical issues include except? Communication issue

Examples of social systems of hierarchy include all except?  Social ecology

Which of the following makes freedom of choice impossible? Misrepresentation

Arthur Andersen was associated with? Enron

Who argues that though it is unjust to impose heavy burdens on present generations for the sake of the future?  John Rawls 

Which of the following are the ideological camps characterize modern societies? Individualistic and communitarian or both

When a contract cannot be bound?  Not confirm

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

Critics of market approach argued that the benefits of free markets can only be obtained, when? Markets have all the defining characteristics of free market

Which of the following theory rests on the view that such contracts are free agreements that impose on each side the duty of complying with the terms of the agreement?  Rawal’s & kant

“When in Rome, do as the Romans do” is associated with:  Ethical relativism 

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