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Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics Quiz 4 (60 MCQs)

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1. Social responsibility is
2. Ethical choices are made based on moral principles and values while legal choices are made according to the law.
3. A business suddenly moves its operations to a new town, leaving its current employees jobless. Its reason for taking this action, which some consider unethical, might be that the action
4. Which of the following are the example of unethical business practices?
5. To disobey or do something against an official agreement, law, principle etc
6. What is business ethics?
7. This concept emphasizes the business expectations to fulfill their economic goal within the legal framework.
8. The principle for resolving an ethical dilemma that considers 'do unto others as you would have them do unto you' is the .....
9. Kathy downloaded a few photos of local organic farms from Flickr.com's Creative Commons (CC). She follows the rules of the photographers' CC licenses and uses them in a digital video about sustainable agriculture. What she has done is legal.
10. What is the doctrine that consumers were generally subject to, meaning "let the buyer beware" ?
11. Where should your phone be placed during a business meeting with a potential client?
12. Obedience to local national and applicable international laws is included in legal responsibility and inherent to:
13. Brett, a clothing store manager, is constantly giving one employee, Jared, the best shifts and never disciplines him when he is late to work. This favoritism is an example of ..... deviance.
14. What is a whistleblower?
15. When did openly selling personal data become popular?
16. How can companies discourage unethical behavior in their employees?
17. Unauthorized use of a trademark in a manner which is likely to cause confusion, deception or mistake about the source of goods or services
18. If an employee is rewarded in some way for an unethical choice or fails to suffer any kind of consequence, they are not likely to make that same choice in the future.
19. What are the potential consequences of making unethical decisions in business?
20. A business moves its facilities overseas to take advantage of lower taxes and labor costs. Many former employees say that this is unethical, but the business defends itself by saying that the action is
21. It is an activity of exchanging goods, for gaining profit.
22. Which of the following questions should NOT be taken into consideration when listing all the alternatives and consequences to solve an ethical problem?
23. An example of an ethical issue in business would be:
24. In developing the framework of business social responsibility, one of the key considerations of every business organization is to guarantee the safety of the services or products offered. This reflects what particular social responsibility of business?
25. There are governmental guidelines that companies must follow in order to maintain ethical standards.
26. What is one characteristic of a speech's message that should be avoided?
27. By providing quality product at reasonable price, business is fulfilling its responsibility towards
28. Payments made to secure special services for a company or special consideration for its products
29. What should managers in a multinational firm be particularly sensitive to?
30. Connected with principles of right and wrong behaviour
31. Which of the following is a principle of ethical leadership?
32. Business organizations should comply with reportorial requirements as mandated by government for ethical practices.
33. Which of the following occurs when someone uses confidential information to gain from the purchase or sale of stocks?
34. In the context of business ethics, what does 'transparency' mean?
35. Which of the following best describes a conflict of interest?
36. Jeffrey works as a line cook in local restaurant. He often alters his time card at work to show that he works longer hours than he really does. This is an example of ..... deviance.
37. A firm's social responsibility program will be effective without the total commitment of the company's top business officials.
38. Company property or assets are for business purposes and not for personal use
39. Which isn't a reason why business ethics are important?
40. What does social responsibility in business refer to?
41. IBLF-independent, nonprofit organization
42. How did the main principle of business ethics appear?
43. Whistleblowing involves:
44. Which of the following alone can ensure effective ethics programme in a business enterprise?
45. Which is not correct?
46. What is an example of corporate social responsibility?
47. What is a disadvantage for Fairtrade?
48. It is easier to raise capital as there are more than one investor.
49. The first step of decision making is
50. As an organizational manager, what is the best way to encourage ethical behaviour in your employees?
51. How can a business minimise waste?
52. Which of the following types of choices are made based on moral principles and values?
53. It is a business model with the objective of solving social issues and problems, while providing goods or services.
54. What are the key characteristics of business ethics?
55. Which of the following is a key component of a corporate code of ethics?
56. Someone who owns shares or stocks in a company or business; also known as a stockholder
57. A social business model that provide support services to entrepreneurs who would like to embark on their own endeavours.
58. Promoting high-calorie/low-nutrient foods with inadequate information about the risks is a(n) ..... practice.
59. What is a key concern in marketing ethics?
60. What happens if a company makes unsafe products?
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