Seerah MCQs

Prophet’s Guidance on Ethical Business Practices MCQs

The following are Prophet’s Guidance on Ethical Business Practices MCQs with answers related to Islamic Studies. We have arranged the most important and repeated MCQs in all the competitive examinations. The students can clear their concepts for Prophet’s Guidance on Ethical Business Practices MCQs online quiz by attempting these.

Prophet Muhammad’s Guidance on Ethical Business Practices Online MCQs with Answers

What did Prophet Muhammad emphasize regarding honesty in business dealings?
a) Deception and dishonesty are acceptable in business.
b) Honesty and integrity are fundamental in business transactions.
c) Honesty is not relevant in business.
d) Business ethics should be disregarded.

Answer
b) Honesty and integrity are fundamental in business transactions.

How did Prophet Muhammad view the practice of charging excessive interest (usury) in business?
a) He encouraged charging high interest rates to maximize profit.
b) He prohibited charging any interest in business transactions.
c) He had no specific guidance on interest rates.
d) He allowed charging any interest rate as long as both parties agreed.

Answer
b) He prohibited charging any interest in business transactions.

What did Prophet Muhammad teach about fulfilling contracts and agreements in business?
a) Contracts can be broken at any time if it benefits one party.
b) Contracts should be fulfilled with honesty and integrity.
c) Contracts are irrelevant in business transactions.
d) Contracts should be avoided in business dealings.

Answer
b) Contracts should be fulfilled with honesty and integrity.

How did Prophet Muhammad view the practice of monopolizing essential goods and services?
a) Monopolies are encouraged for economic control.
b) Monopolizing essential goods and services is prohibited.
c) Monopolies should be allowed to maximize profits.
d) Monopolies are acceptable as long as prices are reasonable.

Answer
b) Monopolizing essential goods and services is prohibited.

What did Prophet Muhammad say about fair pricing and avoiding price manipulation in business?
a) Price manipulation is a common business practice.
b) Fair pricing and avoiding price manipulation are ethical principles in business.
c) Price manipulation should be allowed for competitive advantage.
d) Fair pricing is irrelevant in business transactions.

Answer
b) Fair pricing and avoiding price manipulation are ethical principles in business.

How did Prophet Muhammad view the treatment of customers in business?
a) Customers should be deceived for profit.
b) Customers should be treated with respect, fairness, and honesty.
c) Customer treatment has no impact on business success.
d) Customer satisfaction should be disregarded in business.

Answer
b) Customers should be treated with respect, fairness, and honesty.

What did Prophet Muhammad teach about the use of accurate measurements and weights in business transactions?
a) Inaccurate measurements and weights are acceptable in business.
b) Accurate measurements and weights are essential for ethical business transactions.
c) Measurement accuracy is not relevant in business.
d) Businesses should use measurements that benefit them.

Answer
b) Accurate measurements and weights are essential for ethical business transactions.

How did Prophet Muhammad encourage fair competition in business?
a) He discouraged competition to avoid conflict.
b) Fair competition was not a concern for him.
c) He encouraged fair competition that benefits all parties involved.
d) He encouraged competition at any cost.

Answer
c) He encouraged fair competition that benefits all parties involved.

What did Prophet Muhammad emphasize about the treatment of employees and workers in business?
a) Exploiting workers for profit is acceptable.
b) Workers should be treated with fairness, respect, and paid justly.
c) Employee treatment has no impact on business success.
d) Workers should be ignored in business matters.

Answer
b) Workers should be treated with fairness, respect, and paid justly.

How did Prophet Muhammad view the practice of bribery and corruption in business?
a) Bribery and corruption are encouraged for business success.
b) Bribery and corruption are strictly prohibited in business transactions.
c) Bribery and corruption should be tolerated if it benefits the business.
d) Bribery and corruption are acceptable as long as they are discreet.

Answer
b) Bribery and corruption are strictly prohibited in business transactions.

What did Prophet Muhammad teach about the importance of transparency in business transactions?
a) Transparency is not relevant in business.
b) Transparency and openness are fundamental in ethical business dealings.
c) Business transactions should be kept secret.
d) Transparency should be practiced only with trusted individuals.

Answer
b) Transparency and openness are fundamental in ethical business dealings.

How did Prophet Muhammad encourage business owners to fulfill their financial obligations and debts?
a) Business owners should avoid paying debts if possible.
b) Fulfilling financial obligations and debts is a moral duty in business.
c) Debts should be renegotiated to benefit the business owner.
d) Paying debts is not relevant to business success.

Answer
b) Fulfilling financial obligations and debts is a moral duty in business.

What did Prophet Muhammad teach about the treatment of suppliers and creditors in business?
a) Suppliers and creditors should be exploited for profit.
b) Suppliers and creditors should be treated fairly and their rights respected.
c) Suppliers and creditors have no role in business ethics.
d) Suppliers and creditors should be ignored in business matters.

Answer
b) Suppliers and creditors should be treated fairly and their rights respected.

How did Prophet Muhammad view the practice of hoarding goods and resources in business?
a) Hoarding goods and resources is encouraged for profit.
b) Hoarding essential goods and resources is discouraged.
c) Hoarding goods and resources is acceptable if prices are reasonable.
d) Hoarding has no ethical implications in business.

Answer
b) Hoarding essential goods and resources is discouraged.

What did Prophet Muhammad emphasize regarding the treatment of business partners and associates?
a) Business partners should be exploited for personal gain.
b) Business partners and associates should be treated with trust, fairness, and integrity.
c) Business partners have no impact on business success.
d) Business partners should be excluded from important decisions.

Answer
b) Business partners and associates should be treated with trust, fairness, and integrity.

How did Prophet Muhammad encourage ethical advertising and marketing in business?
a) Deceptive advertising is acceptable for business promotion.
b) Ethical advertising and marketing that avoids deception and misinformation are encouraged.
c) Advertising ethics have no impact on business success.
d) Business promotion should rely solely on deception.

Answer
b) Ethical advertising and marketing that avoids deception and misinformation are encouraged.

What did Prophet Muhammad teach about the responsibility of business owners to contribute to the welfare of their communities?
a) Business owners should avoid any involvement in community welfare.
b) Business owners have a moral duty to contribute to the well-being of their communities.
c) Community welfare is irrelevant to business success.
d) Business owners should only focus on personal gain.

Answer
b) Business owners have a moral duty to contribute to the well-being of their communities.

How did Prophet Muhammad view the practice of fraud and deception in business?
a) Fraud and deception are acceptable business strategies.
b) Fraud and deception should be avoided, and honesty should prevail in business.
c) Fraud and deception are necessary for business success.
d) Business ethics do not apply to fraud and deception.

Answer
b) Fraud and deception should be avoided, and honesty should prevail in business.

What did Prophet Muhammad teach about the importance of fulfilling promises and commitments in business?
a) Promises and commitments are not important in business.
b) Fulfilling promises and commitments is a matter of personal choice.
c) Fulfilling promises and commitments is a moral obligation in business.
d) Promises and commitments should be made but not necessarily fulfilled.

Answer
c) Fulfilling promises and commitments is a moral obligation in business.

How did Prophet Muhammad encourage business owners to treat their competitors ethically?
a) Business owners should sabotage their competitors to gain an advantage.
b) Competitors should be treated with fairness, respect, and integrity.
c) Ethical treatment of competitors has no impact on business success.
d) Business owners should avoid any interaction with competitors.

Answer
b) Competitors should be treated with fairness, respect, and integrity.

What did Prophet Muhammad teach about the use of deceptive practices, such as false advertising, in business?
a) Deceptive practices are acceptable as long as they lead to profit.
b) Deceptive practices, including false advertising, should be avoided in business.
c) Deceptive practices are essential for business competition.
d) False advertising is irrelevant to business ethics.

Answer
b) Deceptive practices, including false advertising, should be avoided in business.

How did Prophet Muhammad encourage business owners to approach negotiations and contracts with honesty?
a) Negotiations should be based on deception and manipulation.
b) Business owners should be truthful and honest in negotiations and contracts.
c) Honesty has no place in business negotiations.
d) Contracts should be avoided to prevent disputes.

Answer
b) Business owners should be truthful and honest in negotiations and contracts.

What did Prophet Muhammad emphasize about the treatment of vulnerable and disadvantaged individuals in business transactions?
a) Vulnerable individuals should be taken advantage of in business.
b) Vulnerable and disadvantaged individuals should be treated with kindness, fairness, and compassion.
c) Vulnerable individuals have no role in business ethics.
d) Business transactions should avoid any interaction with vulnerable individuals.

Answer
b) Vulnerable and disadvantaged individuals should be treated with kindness, fairness, and compassion.

How did Prophet Muhammad encourage business owners to handle disputes and conflicts?
a) Disputes should be escalated to legal authorities immediately.
b) Business owners should avoid addressing disputes and conflicts.
c) Disputes and conflicts should be resolved with fairness and justice.
d) Conflicts should be handled through intimidation and force.

Answer
c) Disputes and conflicts should be resolved with fairness and justice.

What did Prophet Muhammad teach about the practice of price gouging in times of crisis?
a) Price gouging is encouraged during crises to maximize profit.
b) Price gouging is strictly prohibited, especially during times of crisis.
c) Price gouging is acceptable as long as it benefits the business.
d) Business ethics do not apply during times of crisis.

Answer
b) Price gouging is strictly prohibited, especially during times of crisis.

How did Prophet Muhammad view the importance of ethical investment and financial dealings in business?
a) Ethical investment and financial dealings are irrelevant in business.
b) Ethical investment and financial dealings should be prioritized.
c) Business ethics do not apply to investment and finance.
d) Business owners should focus solely on profit in investment.

Answer
b) Ethical investment and financial dealings should be prioritized.

What did Prophet Muhammad teach about the treatment of creditors and debtors in business transactions?
a) Creditors and debtors should be treated unfairly to maximize profit.
b) Creditors and debtors should be treated with fairness, respect, and compassion.
c) Creditors and debtors have no role in business ethics.
d) Creditors should be avoided in business transactions.

Answer
b) Creditors and debtors should be treated with fairness, respect, and compassion.

How did Prophet Muhammad encourage business owners to approach philanthropy and charitable giving?
a) Philanthropy and charitable giving are discouraged in business.
b) Business owners should prioritize philanthropy and charitable giving.
c) Philanthropy has no place in business ethics.
d) Charitable giving should be limited to a select few.

Answer
b) Business owners should prioritize philanthropy and charitable giving.

What did Prophet Muhammad teach about the importance of protecting intellectual property and respecting copyrights in business?
a) Intellectual property should be freely used without regard for copyrights.
b) Intellectual property and copyrights should be respected and protected in business.
c) Intellectual property is irrelevant to business ethics.
d) Copyrights should be disregarded in business transactions.

Answer
b) Intellectual property and copyrights should be respected and protected in business.

How did Prophet Muhammad encourage business owners to approach the treatment of customers’ personal information and data?
a) Customers’ personal information should be sold for profit.
b) Business owners should protect and respect customers’ personal information and data.
c) Customer data handling is not relevant in business ethics.
d) Customers’ personal information should be used for marketing without consent.

Answer
b) Business owners should protect and respect customers’ personal information and data.

What did Prophet Muhammad emphasize regarding the responsibility of business owners to provide safe and quality products and services?
a) Providing unsafe and low-quality products is acceptable for profit.
b) Business owners have a duty to provide safe and quality products and services.
c) Product and service quality is irrelevant in business ethics.
d) Safety and quality should be disregarded in business.

Answer
b) Business owners have a duty to provide safe and quality products and services.

How did Prophet Muhammad encourage business owners to approach the treatment of competitors’ intellectual property and innovations?
a) Competitors’ intellectual property should be stolen and used for personal gain.
b) Business owners should respect and protect competitors’ intellectual property and innovations.
c) Competitors’ intellectual property is irrelevant in business ethics.
d) Business owners should avoid any interaction with competitors’ innovations.

Answer
b) Business owners should respect and protect competitors’ intellectual property and innovations.

What did Prophet Muhammad teach about the importance of paying employees and workers promptly and fairly?
a) Delaying payment and underpaying workers is acceptable in business.
b) Prompt and fair payment of employees and workers is a moral duty in business.
c) Payment to employees and workers has no impact on business success.
d) Payment to workers should be avoided whenever possible.

Answer
b) Prompt and fair payment of employees and workers is a moral duty in business.

How did Prophet Muhammad encourage business owners to approach charity and social responsibility within their communities?
a) Business owners should avoid any involvement in charity and social responsibility.
b) Business owners should prioritize charity and social responsibility in their communities.
c) Charity and social responsibility are irrelevant to business ethics.
d) Charity and social responsibility should be limited to personal affairs.

Answer
b) Business owners should prioritize charity and social responsibility in their communities.

What did Prophet Muhammad emphasize regarding the treatment of partners and stakeholders in business ventures?
a) Partners and stakeholders should be excluded from important decisions.
b) Partners and stakeholders should be treated with trust, fairness, and honesty.
c) Partner and stakeholder treatment has no impact on business success.
d) Partners and stakeholders should be exploited for personal gain.

Answer
b) Partners and stakeholders should be treated with trust, fairness, and honesty.

How did Prophet Muhammad view the practice of tax evasion and unethical financial practices in business?
a) Tax evasion and unethical financial practices are encouraged for business success.
b) Tax evasion and unethical financial practices are strictly prohibited in business.
c) Tax evasion and unethical financial practices should be tolerated if they benefit the business.
d) Business ethics do not apply to financial practices.

Answer
b) Tax evasion and unethical financial practices are strictly prohibited in business.

What did Prophet Muhammad teach about the treatment of suppliers’ and partners’ financial interests in business agreements?
a) Suppliers’ and partners’ financial interests should be disregarded for personal gain.
b) Suppliers’ and partners’ financial interests should be protected and respected in business agreements.
c) Financial interests of suppliers and partners are irrelevant in business ethics.
d) Suppliers and partners should be excluded from financial agreements.

Answer
b) Suppliers’ and partners’ financial interests should be protected and respected in business agreements.

How did Prophet Muhammad encourage business owners to approach the treatment of subordinates and junior employees?
a) Subordinates should be mistreated to assert authority.
b) Subordinates and junior employees should be treated with kindness, fairness, and respect.
c) Subordinates’ treatment has no impact on business success.
d) Subordinates should be ignored in business matters.

Answer
b) Subordinates and junior employees should be treated with kindness, fairness, and respect.

What did Prophet Muhammad emphasize regarding the treatment of customers’ complaints and concerns in business?
a) Customers’ complaints and concerns should be ignored.
b) Business owners should address customers’ complaints and concerns with fairness and promptness.
c) Customers’ complaints have no relevance to business ethics.
d) Customers’ complaints should be dismissed without investigation.

Answer
b) Business owners should address customers’ complaints and concerns with fairness and promptness.

How did Prophet Muhammad encourage business owners to approach the treatment of employees’ rights and benefits?
a) Employees’ rights and benefits should be disregarded for profit.
b) Employees’ rights and benefits should be respected, and fair treatment should be provided.
c) Employees’ rights and benefits have no impact on business success.
d) Employees’ rights and benefits should be negotiated individually.

Answer
b) Employees’ rights and benefits should be respected, and fair treatment should be provided.

What did Prophet Muhammad teach about the importance of upholding ethical values and principles in business, even in challenging situations?
a) Ethical values and principles should be compromised for personal gain in challenging situations.
b) Upholding ethical values and principles is paramount, even in challenging situations.
c) Ethical values and principles have no place in challenging business situations.
d) Challenging situations should be avoided in business.

Answer
b) Upholding ethical values and principles is paramount, even in challenging situations.

How did Prophet Muhammad encourage business owners to approach the treatment of subordinates’ wages and compensation?
a) Subordinates’ wages and compensation should be reduced whenever possible.
b) Subordinates’ wages and compensation should be fair and just.
c) Subordinates’ wages and compensation have no impact on business success.
d) Subordinates’ wages and compensation should be disregarded in business.

Answer
b) Subordinates’ wages and compensation should be fair and just.

What did Prophet Muhammad teach about the responsibility of business owners to support and invest in the development of their employees’ skills and knowledge?
a) Business owners should not invest in employee development.
b) Business owners have a duty to support and invest in their employees’ skills and knowledge.
c) Employee development is irrelevant to business success.
d) Employees’ skills and knowledge should not be encouraged in business.

Answer
b) Business owners have a duty to support and invest in their employees’ skills and knowledge.

How did Prophet Muhammad encourage business owners to approach the treatment of customers’ trust and loyalty?
a) Customers’ trust and loyalty should be taken for granted.
b) Business owners should value and maintain customers’ trust and loyalty.
c) Customers’ trust and loyalty have no impact on business success.
d) Trust and loyalty should be discouraged in business.

Answer
b) Business owners should value and maintain customers’ trust and loyalty.

What did Prophet Muhammad emphasize regarding the treatment of employees’ well-being and working conditions in business?
a) Employees’ well-being and working conditions are unimportant in business.
b) Employees’ well-being and working conditions should be prioritized and improved.
c) Employee well-being has no relevance to business ethics.
d) Employees should be required to work in substandard conditions.

Answer
b) Employees’ well-being and working conditions should be prioritized and improved.

How did Prophet Muhammad view the practice of insider trading and unethical financial schemes in business?
a) Insider trading and unethical financial schemes are encouraged for business success.
b) Insider trading and unethical financial schemes are strictly prohibited in business.
c) Insider trading and unethical financial schemes should be tolerated if they benefit the business.
d) Business ethics do not apply to financial schemes.

Answer
b) Insider trading and unethical financial schemes are strictly prohibited in business.

What did Prophet Muhammad teach about the importance of fair treatment of all individuals, regardless of their social or economic status, in business transactions?
a) Fair treatment of all individuals is irrelevant in business.
b) Fair treatment of all individuals, regardless of their social or economic status, is a fundamental ethical principle in business.
c) Social and economic status should determine how individuals are treated in business.
d) Business transactions should prioritize individuals with higher social or economic status.

Answer
b) Fair treatment of all individuals, regardless of their social or economic status, is a fundamental ethical principle in business.

How did Prophet Muhammad encourage business owners to approach the treatment of environmental sustainability in their business practices?
a) Environmental sustainability should be ignored in business.
b) Business owners should prioritize environmental sustainability in their practices.
c) Environmental sustainability is irrelevant to business ethics.
d) Environmental concerns should be disregarded in business.

Answer
b) Business owners should prioritize environmental sustainability in their practices.

What did Prophet Muhammad emphasize about the treatment of customers’ rights and protection in business transactions?
a) Customers’ rights and protection are unimportant in business.
b) Business owners should prioritize customers’ rights and protection.
c) Customers’ rights have no relevance to business ethics.
d) Customers’ rights should be disregarded in business.

Answer
b) Business owners should prioritize customers’ rights and protection.

How did Prophet Muhammad view the practice of price discrimination and unfair pricing in business?
a) Price discrimination and unfair pricing are encouraged for profit.
b) Price discrimination and unfair pricing should be strictly avoided in business.
c) Price discrimination and unfair pricing should be tolerated if they benefit the business.
d) Business ethics do not apply to pricing practices.

Answer
b) Price discrimination and unfair pricing should be strictly avoided in business.

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