Chapter 6 Social Responsibility and Business Ethics.pdf

6.16 the correct options given Business Studies for Castn statements given under A with under B. Q.3....

6.16 the correct options given Business Studies for Castn statements given under A with under B. Q.3. Match the (B) (A) To supply right quality of goods at reasonable prices towards the a. () Responsibility Government Responsibility towardsthe b. To protect natural I environment and avoid any type of pollution (i) Consunmers C. To pay taxes regularly and honestly MULTIPLE CHOICE QUESTIONS (MCQs) its responsibility toward 1. That an enterprise should avoid any type of pollution is an example of (a) Owners (b) Workers (c) Consumers (d) Community leads to: 2. Use of synthetic fertilizers and pesticides in agriculture (a) Water Pollution (b) Noise Pollution (c) Land Pollution (d) Air Pollution 3. Which of the following is an example of good business ethics? (a) Paying taxes with honesty (b) Using fair weights for measurement of commodities (c) Giving fair treatment to workers (d) Allof these 4. Toadoptfair trade policies and practices! It is an example of responsibility of business towards. (a) Owners (b) Workers (c) Government (d) Consumers dangerous warming 5. has resulted in ozone depletion, which is leading to climate change and of the earth. (a) Noise Pollution (b) Land Pollution (c) Water Pollution (d) Air Pollution behavicu ethical 6. management plays a crucial role in guidingthe entire organisationtowards (a) Top (b) Middle (c) Lower Thisresponsibilt (d) None of these 7. Business is responsible to provide accurate and complete financialal position of the company. is towards. (a) Consumers (b) Workers (c) Shareholders (d) Government 8. Social responsibility of business to ensure regular supply of goods andservicesis towards: (a) Owners (b) Consumers (c) Government (d) Workers 9. Which of the following is a 'Case for Social Responsibility'? Regulation (a) Long-term Interest of the Firm Government (b) Avoidance of (c) Better Environment for Doing Business (d) Allof these Chapter 6 Social Responsibilities of Business and Business Ethics 6.17 Whichoftheefollowing statement is incorrect? e (a) Ethical| behaviour is above the behaviour required by law management plays a crucial role in guiding the (b) Top entire organisation towards ethical behaviour. (c Employeesshould not be involved in the process of developing ethical programmes. id) Ethics are essentialI for every business and for the progress of any society. 11. Whichofthe following is an example of responsibility of business towards Government? ial To pay taxes regularly and honestly b) To adopt fair trade policies and practices To abide by rules and regulations of the country (d) Allof these s Mhich of the following is not a social responsibility of business towards Shareholders? a To provide fair return on their capital investment (b) To supply right quality of goods at reasonable prices d Toprovide information regarding schemes of future growth Id) To provide accurate information about working of the company 1B, Ethical enterprises often define the principles of conduct to be followed by entire organisation. They are in the form of written documents and are termed as'Code! Such Code of Conduct is to be followed by: (a) Top Level (b) Middle Level (c) Operational Level (d) All of these towards: 14. It is in the long-term self-interest of the business to fulfill its social responsibility (a) Workers (b) Consumers (c) Shareholders (d) Allof the above 15. Social responsibility is: (b) Broader than legal responsibility (a) Same as legal responsibility (d) None of them (c) Narrower than legal responsibility complicated problems, it may have: Tbusiness is to operate in a society which is full of diverse and (a) Little chance of success (b) Great chance of success (d) No relation with suCcess or failure (c) Little chance of failure 17. Business people have the skills to solve: la) All social problems (b) Some social problems (c) No social problems (d) Alleconomic problems example of responsibility of the An enterprise should behave as agood citizen of the economy' It is an enterprise towards: la) Owners (b) Workers () Consumers (d) Community 19, Environmental protection can best be done bythe efforts of: (a) Business people (b) Government (c) Scientists (d) Allthe people 0, Carbon monoxide emitted by automobiles directly contributes to: la) Water pollution (b) Noise pollution () Land pollution (d) Air pollution 6.18 Business Studies for Clas%n explain the need for pollution control? 21. Which of the following can (b) Reduced risk of liability (a) Cost savings health hazards (d) Allof them (c) Reduction of doing maximum good to society? 22. Which of the following is capable of (b) Laws and regulations (a) Business success (d) Professional management (c) Ethics 23. Ethics is important for: (b) Middle-level managers (a) Top management (c) Non-managerial employees (d) Allof them 24. Which of the following alone can ensure effective ethic programme in abusiness enterprise? (a) Publication of a code (b) Involvement of employees (c) Establishment of compliance mechanisms (d) All of them ASSERTION REASON QUESTIONS (ARQS) 1. Read the following statements: Assertion and Reason.Choose one ofthecorrect alternatives given belo Assertion (A): Employees should be involved in developing ethical programmes. Reason (R): Ethical policies have to be implemented by the employees only. Alternatives: (a) Both Assertion (A) and Reason (R) are True and Reason (R) is the correct explanation of Assertion A. (b) Both Assertion (A)and Reason (R) are True and Reason (R) is not the correct explanation of Assertion A. (c) Assertion (A) is True but Reason (R) is False. (d) Assertion (A) is False but Reason (R) is True. below: 2. Read the following statements: Assertion and Reason. Choose one of the correct alternativess given Assertion (A): Business enterprises have tremendous social power because of huge resources in hand. prices Reason (R): Business enterprises should supply righttquality&quantity of goods &services at treasonable Alternatives: (a) Both Assertion (A) and Reason (R) are True Assertion(A. and Reason (R) is the correct explanation of fAssertion(A! (b) Both Assertion(A) and Reason (R) are True and Reason (R) is not the correct eexplanation of (c) Assertion (A) is True but Reason (R) 0s False. (d) Assertion (A) isFalse but Reason (R) is True. below: given 3, Read the following statements: alternatives Assertion and Reason, Choose one of the Correct Assertion (A): Legal responsibility is broader than social responsibility Reason (R): Legal responsibility may be fulfilled by mereresponsibility. law, whilesocial involves voluntary efforts of business for the benefht of compliance with Alternatives: society. (A! fAssertion (a) Both Assertion(A) and Reason (R) are True and Reason (R) is the correct explanationof Assertion(A (b) Both Assertion(A) and Reason (R) explanation of are True and Reason (R) is not the (c) Assertion (A) is True but Reason (R) is correct False. (d) Assertion (A)is False but Reason (R) is True Sgiven belw proceso 4. Read the following statements: talternatives Assertion and Reason. Choose one of the correct duringthe Assertion (A): AII the sectors of the society release production or consumption. pollutants in the environment amountoftoxicwast Reason (R): Among the various sources of pollution,industry the minimum. generates