Assertion (A): Social audit has been defined as a commitment to systematic assessment of and reporting in some meaningful, definable domain of the company's activities that have social impacts.
Reasons (R) : The Companies Act 2013 has accorded statutory recognition of the social responsibility of a corporate entity and gives option to provide a percentage of profit for the purpose as per discretion of the board.
| A. | Both (A) and (R)are correct, and (R) is the right explanation of (A). |
| B. | Both (A) and (R) are correct, but (R) is not the right explanation of (A). |
| C. | (A) is correct but (R) is not correct. |
| D. | (R) is correct but (A) is not correct. |
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Option: C Explanation : Click on Discuss to view users comments. |
Which one of the following of 'Immanuel Kant's' Principle, known as categorical imperatives, is a guide to managerial action ?
| A. |
The managers should be open to share his/her corporate secrets, individual traits with external agencies.
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| B. |
The managers be free and open to share his individual knowledge and experience for community's gain.
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| C. |
A person's action is ethical only if that person is willing for that same action to be taken by everyone who is in a similar situation.
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| D. | A person always treats another human being simply as a means to an end . |
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Option: C Explanation : Click on Discuss to view users comments. |
| A. | It is duty-based ethics and measures whether an action is right or wrong. |
| B. | It measures whether the results of the actions are right or wrong. |
| C. | It focuses on purpose of each action and judges the consequences of an action. |
| D. | It focuses on neutrality and fidelity of an action. |
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Option: C Explanation : Click on Discuss to view users comments. |
Assertion (A) : Deontology is duty-based ethics. It is an approach to ethics that addresses whether the motives behind certain action are right or wrong.
Reason (R) : Deontology focuses on whether the results of the actions are right or wrong.
| A. | Both (A) and (R) are correct |
| B. | (A) is correct and (R) is the right explanation of (A) |
| C. | (A) is correct but (R) is not the right explana tion of (A) |
| D. | Both (A) and (R) are incorrect |
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Option: C Explanation : Click on Discuss to view users comments. |
Assertion (A) : Rules notified by the Ministry of Corporate Affairs (MCA) Sec. 149 of the Companies Act man dates that a listed company having a paid up share capital of Rs 100 crore or more shall appoint at least one woman director
on its board.
Reasons (R) : The corporate entities wanted to enhance gender equality and woman empowerment in corporate governance and company administration.
| A. | Both (A) and (R) are correct. |
| B. | (A) is correct and (R) is the right explanation of (A). |
| C. | (A) is correct but (R) is not the right explanation of (A). |
| D. | Both (A) and (R) are incorrect. |
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Option: C Explanation : Click on Discuss to view users comments. |
