MCQs:

1- Rational decision making is a complex process that must use four steps in a logical order:

I. Assemble relevant data

II. Identify feasible alternatives

III. Identify the problem

IV. Define the objectives

Choose the best answer:

a) I, II, II, IV

b) II, I, IV, III

c) III, IV, I, II

d) IV, III, II, I

2- Which of the following is considered as an example of ethics?

a) Establishing systems of belief

b) Defining values and fairness

c) Determining guidelines for conduct

d) All are considered correct

3- It is said to be the foundation for long-term career success.

a) Mentorship

b) Integrity

c) Hard work

d) Learning experience

4- Ethics in engineering economics analysis focuses on how well and how honestly the decision-making process is conducted based on __________

a) Methods of analysis

b) Recommendations

c) Follow-up

d) All are considered correct

5- It refers to solving substantial engineering problems in which economic aspects dominate and economic efficiency is the criterion for choosing from among possible alternatives.

a) Engineering decision making

b) Ethics in engineering economy

c) Cost-accounting system

d) Cost and benefit analysis