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1. Business ethics
is based on the reality and social customs prevailing in business environment
is not affected by the social approval or disapproval
the base of business ethics is theology
All of the above
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2. Managerial ethics can be characterized by all of the following levels except
immoral management
amoral management
femoral management
moral management
3. The psychological qualities are
Resourcefulness
Cooperation
Personnel magnetism
4. The ethical issues relating to owners of the business is/are
Safeguards to the interest of minority shareholders
Investment of capital on profitable projects
The new issue of shares
5. The idea of 'Fair Trade' can be best described as
working up a relationship with suppliers overtime
companies operating fair, non-exploitative, practices with their suppliers
companies operating fair, non-exploitative, practices with their customers
giving the consumer a 'good deal'
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