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Managerial Economics and Ethics MCQ - Corporate Social Responsibility Questions

6 If you believe in making decisions for the good of most people, you can be described as following which school of thought?

7 Which statement is/are true?

8 Corporate social responsibility that extends beyond legal mandates can help meet societal expectations in the absence of

9 Which statement is true?

10 Match the following

List-I	List-II
(A) Organizational	1. Advertising system
(B) Marketing	2. Language
(C) Organizational	3. Selection culture
(D) Personal ethics	4. Moral development
	5. Planning

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Question:

An organization's obligation to act to protect and improve society's welfare as well as its own interests is referred to as

A. organizational social responsibility
B. organizational social responsiveness
C. corporate obligation
D. business ethics

Correct answer: A

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