This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics – Quiz 20 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics Quiz 20 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. What is an entrepreneur's responsibility to employees? A) Providing a safe workplace and fair employment policies. B) Being available when promised. C) Giving suppliers the chance to keep you as a customer. D) Regular and timely communication with investors. Show Answer Correct Answer: A) Providing a safe workplace and fair employment policies. 2. Discuss the relationship between firms and their customers in terms of ethics. A) Firms should prioritize profit over customer satisfaction. B) Customers have no rights in their relationship with firms. C) Transparency is not necessary for customer loyalty. D) Firms must engage in transparent, respectful, and honest practices to build trust and loyalty with their customers. Show Answer Correct Answer: D) Firms must engage in transparent, respectful, and honest practices to build trust and loyalty with their customers. 3. Historically, ..... responsibility means making a profit by producing a product valued by society. It has been business's most basic social responsibility. A) Discretionary. B) Legal. C) Economic. D) Ethical. E) Fiscal. Show Answer Correct Answer: C) Economic. 4. What is a plan designed to increase the number of employees from underrepresented groups at all levels within an organization? A) Equal Employment Opportunity Commission. B) Affirmative Action Program. C) Corporate Citizenship. D) Consumerism. Show Answer Correct Answer: B) Affirmative Action Program. 5. Lisa is the secretary at Larson Psychiatry and her good friend's parents are new clients for marital counseling. Lisa doesn't think her friend knows her parents are receiving counseling but thinks she would like to know. What term best describes what Lisa would be breaking if she told her friend? A) Contract. B) Agreement. C) Secrets. D) Confidentiality. Show Answer Correct Answer: D) Confidentiality. 6. He is best known for the Socratic method of question and answer. He is known for his classic philosophy, "HAVE THE COURAGE TO DISAGREE." A) Socrates. B) Confucius. C) Plato. D) Aristotle. E) Epicurus. Show Answer Correct Answer: A) Socrates. 7. Rules based on moral principles about how businesses and employees ought to conduct themselves. A) Guidelines. B) Employee Handbook. C) Laws. D) Business Ethics. Show Answer Correct Answer: D) Business Ethics. 8. Any copying of copyrighted material done for a limited and transformative purpose, such as to comment upon, criticize or parody A) Intellectual Property. B) Fair Use. C) Laws. D) Patent. Show Answer Correct Answer: B) Fair Use. 9. Environmental protection can best be done by the efforts of A) Business people. B) Government. C) Scientists. D) All the people. Show Answer Correct Answer: D) All the people. 10. Discrimination, workplace harassments, confidentiality breaches, and inaccurate maintenance of records are all examples of A) Ethical practices. B) Unethical practices. C) Typical in workforce. D) None of the above. Show Answer Correct Answer: B) Unethical practices. 11. Implementing social responsibility on a global level is complex because A) Consumers in most countries do not care about social responsibility. B) Of the need to balance economic responsibility with other responsibilities. C) Employees speak many languages and some information is hard to translate. D) Global companies are rarely subject to local laws and regulations. Show Answer Correct Answer: B) Of the need to balance economic responsibility with other responsibilities. 12. It is illegal for managers and employees to report ethical violations (whistle blowing) A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 13. In 2020, Apple paid CEO Tim Cook how many times as much as the company paid its median employee? A) 25 times. B) 2, 000 times. C) 256 times. D) 250, 000 times. Show Answer Correct Answer: C) 256 times. 14. Forcing someone to give you money through threats A) Blackmail. B) Corrupton. C) Bribery. D) Invoice. Show Answer Correct Answer: A) Blackmail. 15. What has become the most crucial element of responsibility to businesses across the globe? A) Put customers before company. B) Provide plenty of benefits to employees. C) Customer is always right. D) Protecting the Environment. Show Answer Correct Answer: D) Protecting the Environment. 16. Which is NOT a dimension of the triple bottom line? A) Economic. B) Political. C) Social. D) Environmental. Show Answer Correct Answer: B) Political. 17. What is selling shares of stock in a company for the first time to a general investing public called? A) Initial Public Offering (IPO). B) Private Placement. C) Secondary Market Offering. D) Stock Buyback. Show Answer Correct Answer: A) Initial Public Offering (IPO). 18. The public image of any firm would also be improved when it supports: A) Social goals. B) Legal goals. C) Economic goals. D) Political goals. Show Answer Correct Answer: A) Social goals. 19. Thomas's boss complimented him on his netiquette, what is netiquette? A) How a person behaves online. B) Intelligence of a person. C) Appropriate table manners. D) Athletic abilities. Show Answer Correct Answer: A) How a person behaves online. 20. What involves the application of moral standards to business situations? A) Economic Model of Social Responsibility. B) Business Ethics. C) Green Marketing. D) Plagiarism. Show Answer Correct Answer: B) Business Ethics. 21. Why do ethical issues arise in international business? A) Because of the global economic downturn. B) Due to differences in political systems, law, economic development, and culture. C) Due to the lack of international laws. D) Because international businesses aim to maximize profits. Show Answer Correct Answer: B) Due to differences in political systems, law, economic development, and culture. 22. Which of the following is a method to promote ethical behavior in a company? A) Implementing a code of conduct. B) Increasing sales targets. C) Reducing employee benefits. D) Expanding market reach. Show Answer Correct Answer: A) Implementing a code of conduct. 23. It is illegal to test cosmetics on animals in the UK. A) TRUE. B) FALSE. C) All the above. D) None of the above. Show Answer Correct Answer: A) TRUE. 24. In this particular model, social enterprises charge fees but they concentrate on indigent customers. A) Low-Income Client Model. B) Indigent Model. C) Credit Unions. D) Fair Trade Organizations. Show Answer Correct Answer: A) Low-Income Client Model. 25. Payments and Gifts in Business A) May lead to conflicts of interest when they make their way into business deals. B) Are always beneficial for business relationships. C) Have no impact on business negotiations. D) Are only acceptable in non-profit organizations. Show Answer Correct Answer: A) May lead to conflicts of interest when they make their way into business deals. ← 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