C717 BUS 3000
Business Ethics
OA (Qns & Ans)
2025
General Instructions
1. Read All Questions Carefully: Make sure you understand each question.
2. Time Management: You have a specific amount of time to complete the exam.
Keep an eye on the clock and pace yourself.
3. Allowed Materials: Only use materials that are explicitly allowed. Unauthorized
materials can lead to disqualification.
4. ANS Format: Follow the required format for your ANS. For example, multiple-
choice questions might need you to select the best ANS, while essay questions
require detailed responses.
5. Academic Integrity: Adhere to the university's honor code. Any form of cheating or
plagiarism is strictly prohibited.
6. Technical Requirements: Ensure your computer and internet connection are
stable. For online exams, you might need a webcam and microphone for proctoring
purposes.
7. Submission: Submit your ANS before the time expires. Late submissions might
not be accepted.
©2024/2025
,1. Which of the following best defines the concept of "corporate
social responsibility"?
A. Minimizing costs related to employee benefits
B. Integrating ethical concerns into business strategies
C. Maximizing shareholder profits
D. Avoiding payment of taxes
ANS: B. Integrating ethical concerns into business strategies
_Rationale: Corporate social responsibility involves
incorporating ethical principles into the core functions and
strategies of an organization._
2. Which ethical principle is most closely associated with the
idea of "the greatest good for the greatest number"?
A. Deontology
B. Justice
C. Utilitarianism
D. Virtue ethics
ANS: C. Utilitarianism
_Rationale: Utilitarianism is a consequentialist approach that
focuses on actions that maximize overall happiness or utility._
©2024/2025
, 3. What does the 'triple bottom line' framework emphasize?
A. Profitability, market share, and reputation
B. Financial performance, environmental sustainability, and
social impact
C. Employee satisfaction, customer loyalty, and sustainability
D. Competitive advantage, innovation, and market leadership
ANS: B. Financial performance, environmental sustainability,
and social impact
_Rationale: The triple bottom line encourages organizations to
focus on social, environmental, and economic responsibilities._
4. Which of the following is an example of a conflict of interest?
A. Auditing one's own company
B. Purchasing from multiple vendors
C. Implementing an employee suggestion program
D. Issuing dividends to shareholders
ANS: A. Auditing one's own company
_Rationale: Auditing one's own company represents a conflict
of interest as it compromises objectivity._
©2024/2025
Business Ethics
OA (Qns & Ans)
2025
General Instructions
1. Read All Questions Carefully: Make sure you understand each question.
2. Time Management: You have a specific amount of time to complete the exam.
Keep an eye on the clock and pace yourself.
3. Allowed Materials: Only use materials that are explicitly allowed. Unauthorized
materials can lead to disqualification.
4. ANS Format: Follow the required format for your ANS. For example, multiple-
choice questions might need you to select the best ANS, while essay questions
require detailed responses.
5. Academic Integrity: Adhere to the university's honor code. Any form of cheating or
plagiarism is strictly prohibited.
6. Technical Requirements: Ensure your computer and internet connection are
stable. For online exams, you might need a webcam and microphone for proctoring
purposes.
7. Submission: Submit your ANS before the time expires. Late submissions might
not be accepted.
©2024/2025
,1. Which of the following best defines the concept of "corporate
social responsibility"?
A. Minimizing costs related to employee benefits
B. Integrating ethical concerns into business strategies
C. Maximizing shareholder profits
D. Avoiding payment of taxes
ANS: B. Integrating ethical concerns into business strategies
_Rationale: Corporate social responsibility involves
incorporating ethical principles into the core functions and
strategies of an organization._
2. Which ethical principle is most closely associated with the
idea of "the greatest good for the greatest number"?
A. Deontology
B. Justice
C. Utilitarianism
D. Virtue ethics
ANS: C. Utilitarianism
_Rationale: Utilitarianism is a consequentialist approach that
focuses on actions that maximize overall happiness or utility._
©2024/2025
, 3. What does the 'triple bottom line' framework emphasize?
A. Profitability, market share, and reputation
B. Financial performance, environmental sustainability, and
social impact
C. Employee satisfaction, customer loyalty, and sustainability
D. Competitive advantage, innovation, and market leadership
ANS: B. Financial performance, environmental sustainability,
and social impact
_Rationale: The triple bottom line encourages organizations to
focus on social, environmental, and economic responsibilities._
4. Which of the following is an example of a conflict of interest?
A. Auditing one's own company
B. Purchasing from multiple vendors
C. Implementing an employee suggestion program
D. Issuing dividends to shareholders
ANS: A. Auditing one's own company
_Rationale: Auditing one's own company represents a conflict
of interest as it compromises objectivity._
©2024/2025
