Classical

Social Responsibility and Ethics - Social Responsibilty and Ethics Multiple Choice Questions

46:  

Effective management of long-term cooperative relationship necessitates that managers recognize the

A.

global importance of profit

B.

global impact of business competitiveness among large corporations

C.

global interdependence of economies and environments

D.

need to maximize profits in all economic settings

 
 

Option: C

Explanation :


47:  

Which statement is true?

A.

Social responsibility could find expression in the policy documents of the company wherein a company undertake to discharge certain goals in addition to business goals

B.

Business should be expected to take the long term view and perform socially responsible actions that might primarily reduce profits in the short run but are in the ultimate interest of the company in the long run

C.

Business should be obliged to internalise most of its external cost

D.

All of the above

 
 

Option: D

Explanation :


48:  

Match the following

List-I (Social Responsibilities)         List-II (Features)

(A) Responsibility to share holders       1. Improving quality

(B) Responsibility to employees            2. To include in social welfare activities

(C) Responsibility to consumers            3. To establish better working conditions

(D) Responsibility to community            4. To be transparent

A.

(A) (B) (C) (D)

1    2    3    4

B.

(A) (B) (C) (D)

4    3    1    2

C.

(A) (B) (C) (D)

3    2    1    4

D.

(A) (B) (C) (D)

2    3    4    1

 
 

Option: B

Explanation :


49:  

In Carroll's model, a company with a(an) _____________ philosophy will put in the extra effort to fulfill discretionary responsibilities, whereas a company with a(an) _____________ philosophy will not be concerned beyond its legal responsibilities.

A.

activist; economic

B.

proactive; economic

C.

defensive; activist

D.

defensive; proactive

 
 

Option: D

Explanation :


50:  

Kavita is an ethically centered production manager so she will ship a product

A.

only after all its problems have been eliminated

B.

only if the shipping people use packing material that does not harm the environment

C.

only after an ethics committee has approved it

D.

as quickly as she can to meet the customer's schedule

 
 

Option: A

Explanation :




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