Business Management - Business Management Objective Type Questions

11:  

Business ethics

A.
is based on the reality and social customs prevailing in business environment.
B.
is not affected by the social approval or disapproval.
C.

the base of business ethlcs is theology.

D.

All of the above

 
 

Option: D

Explanation :

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12:  

Which is favourable point of business ethics?

A.

Helps in professionalisation of management

B.

Reputation of business

C.

Perpetual succession

D.

All of the above

 
 

Option: D

Explanation :

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13:  
Which of the following is the most appropriate reason for a manager to plan?
A.

Planning maximises redundancy.

B.
Planning eliminates the need for management attention.
C.

Planning gives direction.

D.

Planning reduces the need for standards.

 
 

Option: C

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14:  
"Corporate planning is the continuous process of making present entrepreneurial decisions systematically and with the best possible knowledge of their futurity." Who said?
A.

McCanathen

B.

Peter F. Drucker

C.

Hussey

D.

J.R. Betty

 
 

Option: B

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15:  
The ethical issues relating to owners of business is/are
A.
Safeguards to the interest of minority shareholders
B.
Investment of capital on profitable projects
C.

New issue of shares

D.

All of the above

 
 

Option: D

Explanation :

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