Classical

Social Responsibility and Ethics - Social Responsibilty and Ethics Questions

61:  

Which statement is true?

A.

Values are internal, dealing with internal development of a person, purifying mind and heart

B.

Values bring about excellence and universal good

C.

Ethical management is a case of normative ethics

D.

All of the above

 
 

Option: D

Explanation :

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62:  

Match the following

List-I (Approach to Corporate Planning)     List-II (Features)

(A) Market Dynamic                                        1. Forecast

(B) Nature of Demand                                     2. Price index of consumer

(C) Management Attitudes                             3. Philosophy

(D) Adaptivising                                              4. Restrospective Planning

                                                                        5. Planning skills

A.

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

1    2    3    4

B.

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

2    3    4    1

C.

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

3    1    2    4

D.

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

1    4    2    3

 
 

Option: A

Explanation :

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63:  

Sanjay takes a utilitarian viewpoint of ethics. He will therefore judge a business decision to be ethical so long as

A.

more good than bad results from the decision

B.

everybody is treated fairly

C.

certain rights are not violated

D.

he has good character and integrity

 
 

Option: A

Explanation :

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64:  

The stakeholder view of social responsibility states that organizations must respond to the needs of

A.

employees and customers

B.

shareholders and owners

C.

all interested parties

D.

all those who might sue the organization

 
 

Option: C

Explanation :

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