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61. Which statement is true?
Values are internal, dealing with internal development of a person, purifying mind and heart
Values bring about excellence and universal good
Ethical management is a case of normative ethics
All of the above
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62. Match the following
(A) (B) (C) (D) 1 2 3 4
(A) (B) (C) (D) 2 3 4 1
(A) (B) (C) (D) 3 1 2 4
(A) (B) (C) (D) 1 4 2 3
63. Sanjay takes a utilitarian view of ethics. He will, therefore, judge a business decision to be ethical so long as
more good than bad results from the decision
everybody is treated fairly
certain rights are not violated
he has good character and integrity
64. The stakeholder view of social responsibility states that organizations must respond to the needs of
employees and customers
shareholders and owners
all interested parties
all those who might sue the organization
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