This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics – Quiz 17 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics Quiz 17 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. What can business ethics be termed as? A) A study of proper business policies and practices. B) A form of corporate governance. C) A method of insider trading. D) A way to promote bribery. Show Answer Correct Answer: A) A study of proper business policies and practices. 2. "it is the concept of highest goal as ' services to society' when a firm stand in a long run and earn maximum profits" . This statement relates to one of the arguments for society responsibility. A) Maintenance of society. B) Availability of resources. C) Long term interest. D) Better environment. Show Answer Correct Answer: C) Long term interest. 3. The theory focus on the person's actions or the actions of others toward the person. A) Ethical theory. B) Justice theory. C) Right theory. D) Philosophical theory. Show Answer Correct Answer: C) Right theory. 4. Social responsibility is good business, but it does cost money. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 5. The right to consumer education entitles people to be fully informed about their rights as consumers. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 6. Unethical practices in organizations are often driven by: A) Strong ethical leadership. B) Corporate social responsibility initiatives. C) Pressure to achieve short-term goals at any cost. D) Emphasis on employee well-being. Show Answer Correct Answer: C) Pressure to achieve short-term goals at any cost. 7. Which is NOT a universal ethical standard? A) Be honest. B) Be Antagonistic. C) Be selfless. D) Be considerate. Show Answer Correct Answer: B) Be Antagonistic. 8. Utilitarianism says that the right thing to do is the thing that brings ..... A) Money. B) The greatest good for you. C) Fairness. D) The greatest good for the greatest number. Show Answer Correct Answer: D) The greatest good for the greatest number. 9. Providing fair compensation and safe working conditions, is related to social responsibilities towards: A) Customers. B) Shareholders. C) Community. D) Employees. Show Answer Correct Answer: D) Employees. 10. What makes ethical decision making difficult? A) Complexity of real-world decisions and their consequences. B) Lack of proper business education. C) Absence of ethical guidelines in businesses. D) Influence of technology on business operations. Show Answer Correct Answer: A) Complexity of real-world decisions and their consequences. 11. Rules about how businesses and their employees ought to behave A) Ethics. B) Code of Ethics. C) Business Ethics. D) Social Responsibility. Show Answer Correct Answer: C) Business Ethics. 12. Which practice contributes to a business being considered cruelty-free? A) Not testing on animals. B) Using plastic materials. C) Ignoring recycling. D) Increasing energy use. Show Answer Correct Answer: A) Not testing on animals. 13. What is the role of the Equal Employment Opportunity Commission (EEOC)? A) To promote green marketing. B) To investigate complaints of employment discrimination. C) To manage corporate citizenship. D) To enforce plagiarism laws. Show Answer Correct Answer: B) To investigate complaints of employment discrimination. 14. Which of the following is NOT an example of a situation in which an employee can apply the Family and Medical Leave Act of 1993? A) During birth care of a newborn child. B) After placement of an adopted or foster care child. C) When caring for an aunt or uncle with serious medical conditions. D) When unable to work because of a serious medical condition. Show Answer Correct Answer: C) When caring for an aunt or uncle with serious medical conditions. 15. Unfair treatment of staff is an example of which of the following? A) Ethical business practice. B) Unethical business practice. C) Moral business practice. D) Appropriate business practice. Show Answer Correct Answer: B) Unethical business practice. 16. Which of the following issues are addressed by business ethics? A) Business gifts. B) Employee privacy. C) Use of company property for personal use. D) Maintaining confidentiality. E) All of the above. Show Answer Correct Answer: E) All of the above. 17. Business do not have the responsibility to treat their employees fairly. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 18. Fair treatment of employees increases job satisfaction and productivity. A) CONSUMER TRUST. B) LONG-TERM PROFITABILITY. C) EMPLOYEE MORALE. D) PHILANTHROPY. Show Answer Correct Answer: C) EMPLOYEE MORALE. 19. Should supermarkets sell lager cheaper than bottled water? A) Arguments for both. B) Yes. C) No. D) None of the above. Show Answer Correct Answer: A) Arguments for both. 20. To be successful, business ethics training programs need to: A) Focus on personal opinions of employees. B) Be limited to upper executives. C) Educate employees on formal ethical frameworks and models of ethical decision making. D) Promote the use of emotions in making tough ethical decisions. Show Answer Correct Answer: C) Educate employees on formal ethical frameworks and models of ethical decision making. 21. Ethnical behaviour in business will ..... (1) Enhance the public image of a business(2) increase the operating costs of a business in the long run(3) enable a business to be subject to a lower profits tax rate A) Only. B) Only. C) And (3) only. D) And (3) onnly. Show Answer Correct Answer: A) Only. 22. Determining what is right or wrong action in a reasoned and impartial manner. A) Ethics. B) Morality. C) Integrity. D) The Good. Show Answer Correct Answer: A) Ethics. 23. ..... include making decisions on how to fund long term investments (such as company expansions) and working capital which deals with the day to day operations of the company. A) Sources of funds. B) Short term investment decisions. C) Issuance of new shares. D) Financing decisions. Show Answer Correct Answer: D) Financing decisions. 24. Why is it important for businesses to adhere to ethical standards? A) To avoid legal issues and maintain a positive reputation. B) To increase their market share. C) To reduce operational costs. D) To expand into international markets. Show Answer Correct Answer: A) To avoid legal issues and maintain a positive reputation. 25. What is copyright? A) A form of protection. B) An image. C) A form of protection for kids. D) Copies of work. Show Answer Correct Answer: A) A form of protection. ← 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