Cbm 100 Business Ethics Question Paper
Cbm 100 Business Ethics
Course:Certificate In Business Management
Institution: Kca University question papers
Exam Year:2014
UNIVERSITY EXAMINATIONS: 2013/2014
STAGE II ORDINARY EXAMINATION FOR THE CERTIFICATE IN BUSINESS
MANAGEMENT
CBM 100 BUSINESS ETHICS
DATE: APRIL 2014
TIME: 1 1/2 Hours
INSTRUCTION: Answer any THREE questions
QUESTION ONE: (20 MARKS)
Explain TWO of the following ethical theories:
i. Egoism (5 Marks)
ii. Hedonism (5 Marks)
iii. Immanuel Kant’s ethics (5 Marks)
iv. Utilitarianism (5 Marks)
QUESTION TWO: (20 MARKS)
a) Define ownership (5 Marks)
b) Give reasons for our use of natural resources? (5 Marks)
c) What is the importance of private ownership of property? (5 Marks)
d) There are seven titles to property. State five of them. (5 Marks)
QUESTION THREE: (20 MARKS)
a) What is meant by a contract?
(5 Marks)
b) Show the factors that make a contract binding and the reasons that make a contract void?
(5 Marks)
c) Outline the obligations of buyers and sellers (5 Marks)
d) List the duties of partners and stockholders? (5 Marks)
QUESTION FOUR: (20 MARKS)
a) Has anyone a right to preferential treatment in competing with others for employment? If so, why do
you think so? If not, why not?
(5 Marks)
b) How is the minimum just wage fixed? (5 Marks)
c) Do employees have a right to strike? Give reasons for your answer. (5 Marks)
d) Explain corporate social responsibility (CSR) (5 Marks)
QUESTION FIVE: (20 MARKS)
a) State the ideals of capitalism as a system of production (10 Marks)
b) Describe merits and demerits of the systems of Socialism and communism (10 Marks)
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