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

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1. What (Negative) Filipino Value System refers to the Filipinos' own version of fatalism, the belief of leaving everything to the hands of fate?
2. CSR is the idea that a business has a responsibility to the society that exists around it.
3. Business Ethics refers to the ..... system of principles.
4. According to Carroll's CSR Pyramid, what is the responsibility of business to be profitable?
5. When a manager or head of business exhibits a lack of ethical behavior, what does he face losing?
6. A lack of ethics has a negative effect in employee performance. In some cases, employees are so concerned with getting ahead and making money that they ignore procedures and protocol.
7. Which of these agencies fall under Environmental Protections?
8. According to the text, what is the extent to which an organization's operations and actions protect, mend, and preserve rather than harm or destroy the natural environment called?
9. What kind of belief system that encourages all things in moderation and teaches that the desire for worldly things leads to evil?
10. For years, business enterprises have been dumping wasteinto rivers, streams and lakes with little regard for the consequences ..... has led to the death of several animals and posed a serious threat to human life.
11. Which concept focuses on creating economic value in a way that also produces value for society by addressing its challenges?
12. Since the actions of ..... directly influence the culture and values of their organizations, wise entrepreneurs do their best to make ethical decisions from the very beginning.
13. An argument against social responsibility says, "Violation of ..... maximisation objective" .
14. What is an increasingly popular strategy for attracting ethics-mined customers?
15. ..... refers to the implementation of appropriate business practices and policies in the workplace.
16. What is the impact of ethical leadership on a company's culture?
17. Which of the following is not a common source of financing for a new venture?
18. Which choice would be considered ethical? Why?
19. An argument against social responsibility says, "Burden on ..... "
20. "A standard of values that involve a concept of right and wrong and guide the way a business behave."This statement explains about:
21. Who is known for his utilitarianism concept of ethics?
22. What is the responsibility to act morally and ethically correct according to Carroll's CSR Pyramid?
23. Which term refers to the obligation of an organization to contribute to society?
24. A manager hires his wife's young nephew instead of hiring a more qualified applicant. This is
25. How can businesses promote a culture of ethical behavior among their employees?
26. Greenpeace, Campaign Against Arms Trade and Corporate Watch are examples of what?
27. Which of the following is one of the four pillars of a business's social responsibility
28. What is one potential benefit for businesses that prioritize social responsibility?
29. What is the role of business ethics in enhancing company reputation?
30. Being ethical can bring benefits to businesses .....
31. How do we prevent unethical behavior?
32. BONUS QUESTION:What is the International standard for Corporate Social Responsibility (CSR)?
33. ..... involves managers applying internal policies, rules, and regulations as well as stipulated government laws to manage ethical issues.
34. How is price determined in the U.S. economy?
35. Treating employees fairly means the company is likely to show what turnover (employee retention) results?
36. What is one way that ethicists, business leaders, and consumers can support moral self-regulation of technologies?
37. Anything which is not good for the individual or society is called?
38. Management should reward good values and accomplishments of their employees
39. Who can make local laws in regards to how a business may function in their community?
40. Who is known as the Gad-fly of the Marketplace?
41. What is globalization in the context of business?
42. What does the acronym CSR stand for
43. What is the relationship between C S R and corporate financial performance according to research?
44. Which of these is an example of Government Protections in regards to the workplace?
45. Marketing Ethics
46. ..... can be responsible for many diseases like loss of hearing, malfunctioning of the heart and mental disorder.
47. It is mainly due to carbon monoxide emitted by automobiles.
48. Unionized employees perceive stronger ethical cultures within their organizations than non-unionized ones
49. In the context of business ethics, "Ethical Sourcing" means:
50. Ethics is something related to a state of mind, a way of looking at things, which may develop into a pattern of behaviour, or way of life and social conduct.
51. 'Forcing someone to do something by threatening to do something negative if they don't'
52. What are rules based on moral principles about how businesses and employees ought to conduct themselves?
53. There are four theories of corporate governance which are agency theory, stakeholder theory, social institutions theory, and .....
54. What is one way that universities and colleges are responding to the increasing importance of business ethics and corporate social responsibility?
55. Which of these is an example of corporate social responsibility?
56. Business ethics is a code of conduct.
57. What does a contract represent in the context of Contract Enforcement?
58. Which of the following is a common criticism of **Corporate Social Responsibility (CSR)**?
59. The study of proper business policies and practices regarding potentially controversial issues such as corporate governance insider trading bribery discrimination corporate social responsibility and fiduciary responsibility's
60. What do consumers expect in terms of livestock welfare from food suppliers?
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