Common Approach to Business Ethics MCQs

Common Approach to Business Ethics MCQs

Answer these 20 Common Approach to Business Ethics MCQs and assess your grip on the subject of Common Approach to Business Ethics.
Scroll below and get started!

1: Due to bounded rationality humans _____ some of the information available to their senses while filtering out other information is known as Limited cognitive capacity.

A.   Perceive

B.   Interpret

C.   Receive

D.   Both a and b

2: The mental discomfort that one feels when evidence contradicts one’s beliefs or expectations is called Cognitive Dissonance.

A.   Mental Discomfort

B.   Eye Discomfort

C.   Heart Discomfort

D.   None of these

3: _____ is a specific commitment to action.

A.   Decision

B.   Choice

C.   Judgement

D.   Outcome

4: Choose the correct Statement:

A.   A set of action that begins with the identification of stimulus for action.

B.   A set of actions that ends with a specific commitment to action.

C.   A set of action that does not begin with the identification of stimulus for action.

D.   Both a and b

5: Dilemma is a particular type of _____ decision in which one has a clear understanding of the problem but cannot decide between alternative courses of action, because all have undesirable aspects.

A.   Unstructured

B.   Structured

C.   Semi Structured

D.   None of the above

6: In Ethical decision,the decision maker perceives it as involving questions of _____?

A.   Good and Bad

B.   Right and Wrong.

C.   Both a and b

D.   None the above

7: Framing is the process of perceiving particular information from the environment and attaching specific meanings to it.

A.   True

B.   False

8: Sensebreaking is the disruption of sensemaking by a usual event or contradictory evidence.

A.   True

B.   Flase

9: Sensemaking is the process of _____ on information from the external environment.

A.   Identifying

B.   Interpreting

C.   Acting

D.   All of the above

10: _____ is a decision for which there is no predetermined and explicit set of steps within the organization.

A.   Unstructured Decision

B.   Structured Decision

C.   Semi Structured Decision

D.   None of these

11: An ethical dilemma is a type of ______ decision.

A.   Structured

B.   Unstructured

C.   Programmed

D.   Recurring

12: Bounded rationality means that ______.

A.   There are limitations to an individual’s decision-making ability

B.   A decision-maker understands all the alternatives

C.   A decision-maker can predict the outcomes

D.   Decisions are purely rational

13: When a manager blames an employee for unknowingly making a mistake instead of acknowledging that the company does not offer ethics training, a(n) ______ bias has occurred.

A.   Confirmation

B.   Attribution

C.   Generalized

D.   Self-efficacy

14: In Step ______ of the weight of reasons approach, a person considers individual principles to fully analyze an ethical dilemma.

A.   2

B.   3

C.   4

D.   5

15: In Step ______ of the weight of reasons approach, a person develops an action plan.

A.   4

B.   5

C.   6

D.   7

16: Closing the loop is completed in Step ______ of the weight of reasons approach.

A.   7

B.   8

C.   9

D.   10

17: People often have great difficulty in making ______ decisions.

A.   Routine

B.   Complex

C.   Programmed

D.   Structured

18: A ______ table can be used to evaluate how decisions may affect stakeholders.

A.   Cause and effect

B.   Histogram

C.   Pros and cons

D.   Chronological

19: ______ developed the weight of reasons approach to decision-making.

A.   Karl Marx

B.   Benjamin Franklin

C.   George Washington

D.   John Stuart Mill

20: While the weight of reasons approach focuses on the individual decision-maker, it is best to ______.

A.   Focus on the model in conjunction with one’s personal values

B.   Focus on the model in conjunction with organizational values

C.   Carry it out by interacting with others in a company

D.   Ignore the input of others