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Questions and Answers
What does ethical behaviour refer to in a corporate context?
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?
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?
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?
Which of the following is not a direct implication of ethical behaviour in a business context?
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What can be a potential outcome of a business failing to exhibit social responsibility?
What can be a potential outcome of a business failing to exhibit social responsibility?
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Which of the following is not a component of social responsibility for a business?
Which of the following is not a component of social responsibility for a business?
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