Classical

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

21:  

The business community's aversion to binding international legal standards governing corporate operations contrasts with its strong advocacy of international law commitments applied to the obligation of governments towards

A.

Banks

B.

Business and Shareholder itself

C.

Suppliers

D.

Foreign investors

 
 

Option: D

Explanation :


22:  

Which statement is true?

A.

Human values system plays a vital role in total quality management

B.

Values give the real meaning to total quality management effort

C.

Total quality management is a corporate management strategy

D.

All of the above

 
 

Option: D

Explanation :


23:  

Match the following

List-I (Responsibilities of different sections of        List-II (Features)

        Society Towards Business) 

(A) Responsibility of owner                                                1. Controlling power

(B) Responsibility of investors                                            2. Cooperation to the business

(C) Responsibility of employees                                         3. Perform the duties

(D) Responsibility of professional institutions                   4. Provide education

                                                                                            5. Marketing 

A.

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

1    3    2    4

B.

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

4    3    2    1

C.

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

1    2    3    4

D.

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

1    4    3    2

 
 

Option: D

Explanation :


24:  

Which of the following statements about ethical standards are TRUE?

A.

The upper limits of ethical standards are set by individual standards

B.

The laws of economically developed countries generally define the lowest common denominator of acceptable behaviour

C.

The actual degree of enforcement of the law in an underdeveloped country would determine the lower limit of permissible behaviour

D.

All of the above

 
 

Option: D

Explanation :


25:  

Unethical behaviour is often triggered by

A.

pressure from higher management to achieve goals

B.

an organizational atmosphere that condones such behaviour

C.

both (a) & (b)

D.

a system of checks and balances

 
 

Option: C

Explanation :




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