1. Which philosophical approach emphasizes the ethical implications of corporate financial decisions? - A) Existentialism - B) Utilitarianism - C) Deontology - D) Romanticism Answer: B) Utilitarianism Rationale: Utilitarianism, which suggests the best action is the one that maximizes utility, is often applied in business ethics to assess the impact of corporate decisions on stakeholders. 2. In the context of corporate social responsibility, which historical figure is known for their view on the "invisible hand" guiding economic prosperity? - A) Karl Marx - B) Adam Smith - C) Plato - D) Aristotle Answer: B) Adam Smith Rationale: Adam Smith's concept of the "invisible hand" describes the unintended social benefits resulting from individual actions, a foundational idea in discussions of market ethics. 3. How does the study of humanities contribute to understanding the cultural dimensions of international business? - A) By providing historical context - B) Through analysis of artistic expressions - C) By examining philosophical ethics - D) All of the above Answer: D) All of the above Rationale: Humanities offer insights into history, art, and philosophy, which are crucial for comprehending the cultural nuances in global business practices. 4. Which artistic movement can be associated with the creative accounting practices sometimes observed in financial statements? - A) Realism