This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics – Quiz 18 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics Quiz 18 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Use of a patented invention without permission from the patent holder A) Patent Infringement. B) Code of Ethics. C) Fair Use. D) Laws. Show Answer Correct Answer: A) Patent Infringement. 2. What is ethics? A) Beliefs about what is right or wrong. B) Rules or standards governing a profession. C) Elements of all of the above. D) None of the above. Show Answer Correct Answer: A) Beliefs about what is right or wrong. 3. One of several public copyright licenses which enables the free distribution of an otherwise copyrighted work A) Creative Common License. B) Defamation. C) Ethics. D) Intellectual Property Agreement. Show Answer Correct Answer: A) Creative Common License. 4. The principle for resolving an ethical dilemma in which one considers the question of what would happen if everyone made the same decision as him or her is termed ..... principle. A) Rules-based. B) Ends-based. C) Categorical imperative. D) Moral syncretism. Show Answer Correct Answer: A) Rules-based. 5. Moral rules or principles of behavior for deciding what is right and wrong A) Fraud. B) Ethics. C) Interests. D) Invest. Show Answer Correct Answer: B) Ethics. 6. What is the main motive of any business is profit but the prosperity and growth of business is not possible without a continuous service to the society. A) Avoidance of Government Regulation. B) Maintenance of Society. C) Justification for Existence and Growth. D) None of them. Show Answer Correct Answer: C) Justification for Existence and Growth. 7. This concept includes behavior that is not necessarily codified into law and may not serve the organization's direct economic interest. A) Economic responsibilities. B) Ethical responsibilities. C) Legal responsibilities. D) Discretionary responsibilities. Show Answer Correct Answer: D) Discretionary responsibilities. 8. Long-term debt instruments used by both government and business are known as what? A) Bonds. B) Stocks. C) Equities. D) Bills. Show Answer Correct Answer: A) Bonds. 9. A business form which is owned by two or more individuals. A) Sole Proprietorship. B) Cooperative. C) Partnership. D) Corporation. Show Answer Correct Answer: C) Partnership. 10. When a firm modifies a production process to limit the consumption of valuable resources, and promotes the product produced as environmentally friendly, what business practice are they engaging in? A) Consumerism. B) Recycling. C) Green marketing. D) Collusion. Show Answer Correct Answer: C) Green marketing. 11. What is one of the principles of business ethics? A) Avoid exploitation of consumers. B) Encourage monopolies. C) Promote insider trading. D) Disregard social responsibilities. Show Answer Correct Answer: A) Avoid exploitation of consumers. 12. Which of the following is NOT a cause of unethical behavior in organizations? A) Poor leadership. B) Ambiguous company policies. C) Strong organizational culture. D) Pressure to meet unrealistic goals. Show Answer Correct Answer: C) Strong organizational culture. 13. Treating your employer, coworkers, customers fairly, openly and with honesty would be considered ..... A) Ethical. B) Unethical. C) All the above. D) None of the above. Show Answer Correct Answer: A) Ethical. 14. Businesses are specifically obligated to A) Stakeholders. B) Themselves only. C) No one. D) Their competitors. Show Answer Correct Answer: A) Stakeholders. 15. The study of moral principles in business is known as what? A) Business Ethics. B) Business Management. C) Business Strategy. D) Business Analysis. Show Answer Correct Answer: A) Business Ethics. 16. Explain the ethical considerations in human resource management. A) Ethics in HRM only apply to recruitment processes. B) Employee satisfaction is not a concern in HRM. C) HRM focuses solely on maximizing profits. D) Key ethical considerations in HRM include fairness, equality, privacy, diversity, compensation, and compliance with laws. Show Answer Correct Answer: D) Key ethical considerations in HRM include fairness, equality, privacy, diversity, compensation, and compliance with laws. 17. Which business do not have social responsibility towards the customers? A) Making availability of good quality goods at the proper rate. B) Disclosing truth in advertisement. C) Providing share in profit. D) No adulteration in the goods. Show Answer Correct Answer: C) Providing share in profit. 18. Job creation is the process of creating new jobs, especially to provide work for people in the community through the establishment of the enterprise. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 19. Which of the following laws requires one and a half times the regular rate of pay for more than 40 hours worked for qualified employees? A) The Equal Pay Act of 1963. B) The Fair Labor Standards Act of 1938. C) The Americans with Disabilities Act of 1990. D) Title VII of the Civil Rights Act of 1964. Show Answer Correct Answer: B) The Fair Labor Standards Act of 1938. 20. Which of the following Filipino values get along with different kinds of people? They can easily adjust to any situation and flexible? A) Generosity and helpful. B) Pakikisama. C) God Fearing. D) Ningas-kugon. Show Answer Correct Answer: B) Pakikisama. 21. Which of the following is a social responsibility of a business towards its shareholders or investors? A) Providing fair wages and salaries. B) Ensuring the safety of their investment. C) Supplying goods at reasonable prices. D) Respecting the laws of the country. Show Answer Correct Answer: B) Ensuring the safety of their investment. 22. The system that directs and controls business organizations is termed ..... A) Business ethics. B) Organizational culture. C) Retail optimization. D) Corporate governance. Show Answer Correct Answer: D) Corporate governance. 23. How can a business be sustainable A) Use all the resources up. B) Be mindful that they do not use more resources than they need. C) All the above. D) None of the above. Show Answer Correct Answer: B) Be mindful that they do not use more resources than they need. 24. Which of the following is a business considered by law to be a legal entity separate from its owners with many of the legal rights and privileges of a person? A) Sole Proprietorship. B) Partnership. C) Limited Liability Company. D) Corporation. Show Answer Correct Answer: D) Corporation. 25. This is a social business model wherein a social enterprise charges membership fees and provides a number of services to its members, who also run its operations. A) Cooperative Modelling. B) Cooperative For Sale. C) Cooperative Model. D) Cooperating Model. Show Answer Correct Answer: C) Cooperative Model. ← 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