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Class 12 Entrepreneurship Chapter 5 Business Ethics And Corporate Social Responsibility Quiz 1 (60 MCQs)

Quiz Instructions

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1. Ethical business practices include all of the following EXCEPT:
2. Which moral problem is solved by Utilitarianism?
3. Which choice would be considered unethical?
4. Business Organisation should protect health and provide safety measures to .....
5. How does an ethical demonstrate respect to its employees?
6. 'To blow the whistle'
7. Having higher ethical standards that may mean less profit
8. Davis's model of Corporate Social Responsibility consists of ..... propositions.
9. Social Responsibility is border than legal responsibility.
10. How does organizational culture influence employees?
11. Which of the following actions helps in eliminating the bitterness between the employer and employees?
12. What is the core meaning of "Social Responsibility" for individuals and companies?
13. Which of the following is an ethical business practice?
14. What does "import" mean in the context of global business?
15. The term 'Ethics' is derived from the ..... word 'ethos' which means character.
16. Is there a precise definition of CSR? Why or why not?
17. This stage of the decision making process allows an organization to assess the outcome of the decision taken.
18. What are the two types of court systems?
19. What is the accrediting national body of business schools that advocates for the human dimension of business, with attention to ethics, diversity, and personal well-being?
20. Set of written standard issued by an organization to govern behavior and assist employees in conducting their actions.
21. This stage of the decision making process allows an organization to weigh the benefits and drawbacks of each strategies and ultimately selecting one.
22. Why are ethics important to entrepreneurs?
23. Code of conduct is
24. What is the key argument for businesses focusing on meeting the needs of shareholders rather than wider societal needs?
25. What is one example of CSR mentioned in the text?
26. What is the significance of corporate social responsibility in business ethics?
27. Why should entrepreneurs include ethics in their business plan?
28. Who proclaims that organizations have tremendous social obligations?
29. What does integrity demonstrate?
30. Why is CSR considered an organizational issue?
31. Which action would NOT be considered socially responsible for a business?
32. ..... requires a manager to not only be a role model through visible action but also his authority to establish a work environment that promotes ethical behavior.
33. The ethics that involves arriving at moral standards that regulate right and wrong conduct
34. What (Negative) Filipino Values System refers to exert half-hearted effort in undertakings?
35. What is one potential harmful consequence of the misuses of artificially intelligent technologies mentioned in the text?
36. What is the role of AACSB (Association to Advance Collegiate Schools of Business) in promoting business ethics?
37. What happens if employees are expected to meet unreachable goals?
38. What (Negative) Filipino Value system refers to the behavior of preventing someone from achieving something due to jealousy or envy?
39. Information needs to be all of the following EXCEPT?
40. What is an example of a recent historical crisis that illustrates the continuing relevance and importance of business ethics?
41. Why is it important for businesses to be socially accountable?
42. What is not something you ask yourself when faced with an ethical dilemma:
43. A company's code of ethics is:
44. All organizations by default fulfill ..... responsibility.
45. Why is borrowing by selling bonds considered the least risky type of debt for the U.S. Government?
46. Engaging stakeholders in a way that creates mutual value is characteristic of:
47. According to the shareholder concept, what is the only responsibility of business towards society?
48. An entrepreneur that acts ethically is less likely to cause harm to the environment or to his/her customers through negligence or oversight.
49. Which act was enacted to protect investors from the possibility of fraudulent accounting activities by corporations?
50. What is the primary goal of corporate social responsibility?
51. Who are credited with the concept of "Creating Shared Value" ?
52. What is the primary concern of businesses when it comes to social responsibility?
53. What is the term for the moral principles that govern a person's or group's behavior?
54. Enacting laws to protect the environment and infant industries would be an example of which of the following factors that affect decision making?
55. Which does not belong on "triple bottom line" concept of CSR?
56. What does being 'socially responsible' entail?
57. In the context of business ethics, what does the term 'stakeholder' refer to?
58. What is one recommendation for the new CEO of the Honest Company to improve corporate social responsibility?
59. Good ethics in the workplace is for example not doing long distance phone calls using the company's lines
60. Supply of right quality and quantity of goods and services at reasonable prices constitutes the responsibility of an enterprise toward .....
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