Managerial Economics and Ethics MCQ - Corporate Social Responsibility Questions
23
Match the following
| List-I (Responsibilities of different sections of Society Towards Business) | List-II (Features) |
| (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 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 behavior
- C The actual degree of enforcement of the law in an underdeveloped country would determine the lower limit of permissible behavior
- D All of the above
