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Managerial Economics and Ethics MCQ - Business Ethics Questions

36 Which statement is true?

A
When making decisions it is impossible to appeal to neutral principles to determine the rationality of competing systems
B
Long range decision-making requires a process different from that for making routine decisions
C
Decision-making lies deeply embedded in the management process and is the only vehicle for carrying a managerial workload
D
All of the above

37 Match the following

List-I	List-II
(A) Newman	1. Process of management
(B) L. A. Allan	2. Management and organization
(C) Schein	3. Organizational psychology
(D) Peter F. Drucker	4. Practice of Management
	5. Business

38 The laws of economically developed countries generally define _____________ for operations in those domestic markets.

39 Fairness in employment practices centers on

40 Which one of the following approaches to creating an ethical and socially responsible workplace is likely to be the most powerful?

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Question:

A whistle blower is an employee who

A. exposes organizational wrongdoing
B. complains a lot to company management
C. engages in unethical behaviour
D. referees disputes with other employees

Correct answer: A

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