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Exam Paper for Business Ethics in BBA (With Answers)
PAPER # 1
**Instructions:**
- This exam consists of two sections: Multiple Choice Questions (MCQs) and
Short Answer Questions (SAQs)
...

- For SAQs, write your answers in the space provided
...

**Section A: Multiple Choice Questions (MCQs)**
**1
...
What is a stakeholder in the context of business ethics?**

2

a) An employee who holds shares in the company
b) Any person or group that can affect or be affected by an organization's
actions
c) A company's board of directors
d) A government regulatory agency
**Answer: b)**
**3
...
What does the "triple bottom line" concept in business ethics refer
to?**
a) Maximizing profits, market share, and customer satisfaction
b) Profits, ethics, and social responsibility
c) Financial, environmental, and social performance
d) Cost minimization, revenue maximization, and ethical decision-making
**Answer: c)**

3

**5
...
Explain the concept of corporate social responsibility (CSR) and provide
an example of a company engaged in CSR activities
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It involves actions and initiatives
that benefit various stakeholders, including employees, customers,
communities, and the environment
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Patagonia is known for its
commitment to environmental sustainability
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*
**7
...
(5 marks)**

4

*Answer: Whistleblowing plays a vital role in maintaining business ethics by
allowing employees or insiders to report unethical or illegal activities within
an organization without fear of retaliation
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Whistleblowers can bring attention to issues such as fraud,
discrimination, environmental violations, or unsafe working conditions
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*
**8
...
Provide an example
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One common dilemma is
deciding whether to cut costs through unethical means, such as exploiting
cheap labor or disregarding environmental regulations, to increase profits
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While this may boost profits, it raises ethical concerns about the
treatment of workers and the company's social responsibility
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What is business ethics?
2
...

3
...
Give an example of a business ethical issue
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What are the benefits of ethical business practices?
Section B
1
...
What are some
examples of CSR initiatives that businesses can undertake?
2
...
Discuss the role of business ethics in promoting sustainability
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Analyze the ethical implications of artificial intelligence (AI) in the workplace
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Business ethics is the study of what constitutes right or wrong in business
...

2
...
Ethical business practices are those that are consistent with moral principles
...

4
...

5
...
Corporate social responsibility (CSR) is the practice of businesses taking
responsibility for their impact on society
...

2
...
Business ethics plays an important role in promoting sustainability
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Some ways that businesses can be more sustainable include: * Reducing their energy
consumption * Using recycled materials * Sourcing their products and materials from
sustainable suppliers * Treating their employees fairly and ethically
4
...
For example, AI could be used to create
autonomous weapons systems, or to develop facial recognition software that
could be used to track and monitor people without their consent
...
For example, businesses should develop ethical guidelines for the use of AI
and ensure that their AI systems are transparent and accountable
...
Define business ethics and explain its importance
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Identify and discuss the three main ethical theories
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Explain the different types of corporate social responsibility (CSR)
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Discuss the challenges of ethical decision-making in business
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Explain the importance of ethical leadership in business
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Critically assess the different stakeholders in business and their ethical
obligations
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Analyze the ethical implications of artificial intelligence (AI) in business
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Discuss the ethical challenges of whistleblowing in business
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Critically evaluate the role of business in promoting social justice and
sustainability
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Business ethics is the study of what constitutes right or wrong in business
...

2
...

o Deontology: This theory holds that the right action is the one that conforms
to a set of moral rules or duties
...

3
...


o

o

o

Legal responsibility: This involves businesses complying with all
applicable laws and regulations
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Philanthropic responsibility: This involves businesses giving back to the

communities in which they operate
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The challenges of ethical decision-making in business include:
o

Competing values: Businesses often have to balance competing ethical
values, such as the need to make a profit with the need to be socially
responsible
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Pressure: Businesses may face pressure from stakeholders to make
decisions that are not ethical, in order to maximize profits or achieve other
goals
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Ethical leadership is important in business because it helps to create a culture of
ethical decision-making and behavior
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Section B
1
...
All stakeholders have
ethical obligations to each other
...

2
...
AI has
the potential to improve our lives in many ways, but it also poses a number of
ethical challenges
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It is

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important to carefully consider the ethical implications of AI before it is widely
deployed
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Whistleblowing is the act of disclosing information about wrongdoing within an
organization
...
The ethical challenges of
whistleblowing include the fear of retaliation, the difficulty of proving wrongdoing,
and the potential damage to the organization's reputation
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Businesses have a role to play in promoting social justice and sustainability
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Sustainability
is the ability to meet the needs of the present without compromising the ability of
future generations to meet their own needs
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PAPER # 4
1
...
(5 marks)
Answer: Business ethics is the study of what constitutes right and wrong in business
...
Business
ethics is important because it helps to ensure that businesses operate in a fair and
responsible manner, and that they take into account the interests of all stakeholders,
including employees, customers, suppliers, and the community
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Identify and discuss the four main ethical theories
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Deontology: Deontology is based on the principle that the right action is the one
that conforms to a set of moral rules or duties
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Ethics of care: Ethics of care is based on the principle that the right action is the
one that is responsive to the needs and concerns of others
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Explain the difference between ethical and legal behavior
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Legal behavior is behavior that is permitted by law
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For example, it may be legal
to pollute a river, but it is not ethical
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4
...
(25 marks)
Answer: Businesses in the digital age face a number of ethical challenges, including:






Data privacy and security: Businesses collect a large amount of data about their
customers and employees
...

Artificial intelligence: Artificial intelligence (AI) is being used in a variety of ways
in business, but it raises a number of ethical concerns, such as bias and
discrimination
...

5
...
(25 marks)
Answer: CSR is the practice of businesses taking responsibility for their impact on
society and the environment
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 Philanthropy: Philanthropy can be a way for businesses to give back to the
community, but it can also be used to promote the company's brand and image
...

6
...
(25
marks)

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Answer: Sustainable development is development that meets the needs of the present
without compromising the ability of future generations to meet their own needs
...

Answers to Essay Questions
4
...
They have a responsibility to protect this data from
unauthorized access and use
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

Artificial intelligence: Artificial intelligence (AI) is being used in a variety of ways
in business, but it raises a number of ethical concerns, such as bias and
discrimination
...
For example, businesses can ensure that their AI systems are
trained on unbiased data and that they are subject to human oversight
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Businesses

need to be responsible in their use of social media and avoid engaging in
practices that could harm their customers or the public
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Corporate social responsibility (CSR) is the practice of businesses taking
responsibility for their impact on society and the environment

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PAPER # 5
Section A: Multiple Choice (20 marks)
Choose the best answer
...
Which of the following is NOT a principle of business ethics?
o

A
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Fairness

o

C
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Bribery

2
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Donating money to a charity

o

B
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Providing fair wages and benefits to employees

o

D
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Which of the following is a benefit of ethical business practices?
o

A
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Improved employee morale

o

C
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All of the above

4
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Employees

o

B
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Shareholders

o

D
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Which of the following is a step that businesses can take to promote ethical
behavior in the workplace?
o

A
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Provide ethics training to employees

o

C
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All of the above

Section B: Short Answer (30 marks)
Answer each question in a few sentences
...
Define business ethics and explain why it is important
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What are the three main ethical theories used in business?
3
...
What are some of the ways that businesses can promote ethical behavior in the
workplace?
5
...

1
...

2
...

3
...

Sample Answers:
Section A:
1
...
D
3
...
D
5
...
Business ethics is the study of what constitutes right or wrong in business
...

2
...
Utilitarianism holds that the right action is the one that produces
the greatest good for the greatest number of people
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Virtue
ethics holds that the right action is the one that a virtuous person would perform
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Some of the common ethical challenges faced by businesses today include:
o

Corruption

o

Discrimination

o

Environmental pollution

o

Workplace safety

o

Product safety

o

Data privacy

4
...
Some of the benefits of ethical business practices include:

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o

Increased customer loyalty

o

Improved employee morale

o

Reduced risk of legal liability

o

Enhanced reputation

o

Improved financial performance

Section C:
(Sample answer for question 1)
Artificial intelligence (AI) is rapidly transforming the business world
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While AI has the potential to bring many benefits to businesses, it also
poses a number of ethical challenges
...
AI systems
are trained on data, and if that data is biased, the system will also be biased
...

Another ethical concern is the potential for job displacement
...
This could lead to
job losses in some industries
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Businesses need to be aware of the potential for bias in
their AI systems and take steps to mitigate it
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KEYWORDS

1
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BBA Exam Paper
3
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BBA Study Material
5
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BBA Model Paper
7
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BBA Sample Paper
9
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BBA Practice Exam
11
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BBA Past Papers
13
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BBA Course Material
15
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BBA Business Ethics Assessment
17
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Business Ethics Case Studies
19
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BBA Business Ethics Assignment
21
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BBA Business Ethics Quiz
23
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BBA Business Ethics Curriculum
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