Ethical Behaviour and Social Responsibility in the Corporate World
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Questions and Answers

What does ethical behaviour refer to in a corporate context?

  • Making profitable decisions
  • Pursuing personal interests
  • Following legal regulations
  • Making decisions that are morally right (correct)

    • What does social responsibility entail for a business?

  • Maximizing shareholder value
  • Avoiding taxes
  • Contributing positively to society (correct)
  • Focusing solely on profitability

    • What is the relationship between ethical behaviour and social responsibility in business?

  • Ethical behaviour is a part of social responsibility (correct)
  • They are unrelated concepts
  • Social responsibility is a part of ethical behaviour
  • They contradict each other

    • Which of the following is not a direct implication of ethical behaviour in a business context?

    <p>Exploiting workers for profit</p> Signup and view all the answers

    What can be a potential outcome of a business failing to exhibit social responsibility?

    <p>Loss of customer trust</p> Signup and view all the answers

    Which of the following is not a component of social responsibility for a business?

    <p>Maximizing shareholder wealth</p> Signup and view all the answers

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