This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics – Quiz 12 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics Quiz 12 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. A Code of Ethics for this class should include which of the following? A) Respect for others, honesty, responsibility, and fairness. B) Allowing cheating if it helps a friend. C) Ignoring classroom rules when convenient. D) Only following the rules when the teacher is present. Show Answer Correct Answer: A) Respect for others, honesty, responsibility, and fairness. 2. What is the primary purpose of ethical guidelines in a business? A) To increase the company's stock value. B) To ensure fair competition among employees. C) To guide behavior and support a culture of integrity and compliance. D) To simplify the decision-making process. Show Answer Correct Answer: C) To guide behavior and support a culture of integrity and compliance. 3. A social enterprise principle where an enterprise should strive to work for a cause with pleasure. A) Joy Belmonte. B) Joy In Every Task. C) Work to be Promoted. D) Joy to the World. Show Answer Correct Answer: B) Joy In Every Task. 4. A business's ethics determine whether or not an action is acceptable for that business, especially if the action A) Affects the environment. B) Is illegal. C) Contributes to the business's profitability. D) Has a negative impact on others. Show Answer Correct Answer: D) Has a negative impact on others. 5. Behaving ethically means doing A) What your friends do. B) Only what's legal. C) The right thing. D) What benefits you the most. Show Answer Correct Answer: C) The right thing. 6. How can companies promote Environmental Sustainability in their operations? A) Ignore environmental regulations. B) Increase carbon emissions. C) Implement energy-efficient practices, reduce waste, use eco-friendly materials, invest in renewable energy sources, and educate employees and customers about sustainability. D) Use non-recyclable materials. Show Answer Correct Answer: C) Implement energy-efficient practices, reduce waste, use eco-friendly materials, invest in renewable energy sources, and educate employees and customers about sustainability. 7. Business ethics primarily aims to: A) Maximize shareholder returns. B) Increase organizational complexity. C) Promote moral conduct in business activities. D) Decrease competition. Show Answer Correct Answer: C) Promote moral conduct in business activities. 8. The last step in the basic model of ethical decision making is to ..... A) Determine alternative solutions. B) Act. C) Determine benchmarks. D) Select an ethical leader. Show Answer Correct Answer: B) Act. 9. Right to information about the products produced is the responsibility towards which interest group? A) (a)Employees. B) B) government. C) C) consumer. D) D) shareholders. Show Answer Correct Answer: C) C) consumer. 10. What are some environmentally friendly ventures for entrepreneurs? A) Sustainable design, alternative energy, organics, and fair trade. B) Designing an energy-efficient workplace. C) Owing suppliers timely payment and respecting their pricing decisions. D) Regular and timely communication with investors. Show Answer Correct Answer: A) Sustainable design, alternative energy, organics, and fair trade. 11. When shaking hands in the United States, those who avert their eyes are viewed as ..... A) Lacking confidence. B) Honest. C) Trustworthy. D) Hustlers. Show Answer Correct Answer: A) Lacking confidence. 12. These are the purposes of business ethics. EXCEPT ..... A) They keep workers safe, help trade and interactions between companies remain honest and fair. B) Generally make for better goods and services. C) Keep the money balance for business. D) Distinguishing what a company will and won't stand for. Show Answer Correct Answer: C) Keep the money balance for business. 13. What is Copyright Infringement? A) Using someone work without permission. B) Copying of someone work. C) Liking someone's work. D) A picture of someones work. Show Answer Correct Answer: A) Using someone work without permission. 14. Businesses must be honest in reporting their profits and financial performance to avoid misleading investors A) True. B) False. C) Maybe. D) All of the above. Show Answer Correct Answer: A) True. 15. Protection of the consumer's right is the responsibility of the business organization A) True. B) False. C) Maybe. D) All of the above. Show Answer Correct Answer: B) False. 16. ..... are self-imposed while laws are imposed by an external governing authority A) Government. B) Customers. C) Ethics. D) Businesses. Show Answer Correct Answer: C) Ethics. 17. An organization must behave as a good citizen. This is an example of the responsibility towards: A) Owners. B) Workers. C) Society. D) Government. Show Answer Correct Answer: C) Society. 18. In a non-government office, it is very important because the appropriate information disclosure is necessary to inform donors about how their money is used by a certain organization. A) Accountability. B) Transparency. C) Responsibility. D) Fairness. Show Answer Correct Answer: B) Transparency. 19. It can easily raise additional by selling shares of stock to the public. A) Sole Proprietorship. B) Corporation. C) Partnership. D) Equity. Show Answer Correct Answer: B) Corporation. 20. A business's concern for society's welfare A) Copyright. B) Corporate Social Responsibility. C) Ethical behavior. D) Corporate praise. Show Answer Correct Answer: B) Corporate Social Responsibility. 21. A situation where a person must choose from a set of actions that may be ethical or unethical. A) Ethical issue. B) Government issue. C) All the above. D) None of the above. Show Answer Correct Answer: A) Ethical issue. 22. What do you think is the benefit of practicing good business ethics? A) Low morale of employees. B) Lack of trust. C) High employee retention rate. D) Decrease in product sales. Show Answer Correct Answer: C) High employee retention rate. 23. Having the ability to communicate efficiently in any situation falls under what category of skills A) Employability skills. B) Soft skills. C) Later skills. D) None of the above. Show Answer Correct Answer: B) Soft skills. 24. Transparency allows stakeholders to understand whether the activities of social institutions such as internet organizations and NGOs provide a genuine service to civil society and whether money is used appropriately. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 25. Why should a business practice good ethics? A) An unethical business will go bankrupt. B) The government will fine an unethical business. C) An ethical business makes more money than all its competitors. D) An ethical business contributes toward its own success. Show Answer Correct Answer: D) An ethical business contributes toward its own success. ← PreviousNext →Related QuizzesClass 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics Quiz 1Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics Quiz 2Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics Quiz 3Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics Quiz 4Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics Quiz 5Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics Quiz 6Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics Quiz 7Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics Quiz 8Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics Quiz 9Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books