Corporate Social Responsibility and Ethical Business Practices Quiz
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Questions and Answers

What does social responsibility of business refer to?

  • Maximizing profits at any cost
  • Fulfilling personal obligations towards society
  • Taking desirable actions based on societal objectives and values (correct)
  • Ignoring societal expectations for business gain

    • Which of the following is an example of socially undesirable practice for a business enterprise?

  • Supplying good quality goods
  • Making deceptive advertisements (correct)
  • Creating healthy working conditions
  • Honestly paying taxes

    • What is emphasized as a way for business enterprises to achieve durable success?

  • Socially responsible and ethically upright behavior (correct)
  • Exploitative practices
  • Aggressive competition
  • Ignoring societal values

    • What is the societal expectation from a business enterprise regarding the environment?

    <p>Prevention/installing pollution devices in the factory</p> Signup and view all the answers

    What is the primary reason for a business enterprise to respect social values and norms of behavior?

    <p>To fulfill the expectations of the society</p> Signup and view all the answers

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