This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics – Quiz 30 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics Quiz 30 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Ethical principles that aid in making wise choices and ethical decisions include: A) Honesty, fairness, respect, and responsibility. B) Selfishness, dishonesty, and bias. C) Ignoring consequences and acting impulsively. D) Prioritizing personal gain over others. Show Answer Correct Answer: A) Honesty, fairness, respect, and responsibility. 2. Which of the following companies is/are socially responsible?(1) A power company which develops new technology to help reduce gas emissions.(2) A printing company which accepts many orders from social welfare organisations.(3) A trading company which encourages employees to participate in voluntary work to serve the community. A) Only. B) And (3) only. C) And (3) only. D) , (2) and (3). Show Answer Correct Answer: B) And (3) only. 3. What are Ethical Dilemmas? A) When there is a clear and obvious solution to an ethical problem. B) When you choose the negative option in an ethical problem and get in trouble for it. C) When you ignore all ethical problems and continue business without concern. D) A decision that involves a conflict of values. Show Answer Correct Answer: D) A decision that involves a conflict of values. 4. What is the best way to build a successful company? A) Illegal activities. B) Ethical behavior. C) Overworked employees. D) Unethical behavior. Show Answer Correct Answer: B) Ethical behavior. 5. The Family and Medical Leave Act of 1993 allows how many weeks of unpaid, job-protected leave per year? A) 9 weeks. B) 10 weeks. C) 12 weeks. D) 15 weeks. Show Answer Correct Answer: C) 12 weeks. 6. Businesses work best when there is a mutual ..... between the buyer and seller. A) Understanding. B) Agreement. C) Trust. D) None of the above. Show Answer Correct Answer: C) Trust. 7. What is the philosophy that focuses on the consequences of an action to determine whether it is right or wrong? A) Justice. B) Utilitarianism. C) Deontology. D) Individual Rights. Show Answer Correct Answer: B) Utilitarianism. 8. Kumpuruhos Company an ice-cream manufacturing company, encourages all stakeholders, including the top management and employees at all levels in their stores, to consider individual and community welfare in their day-to-day decisions. This action undertaken by Kumpuruhos Company reflects ..... A) Environmentalism. B) Social responsibility. C) The selling concept. D) Partner relationship management. Show Answer Correct Answer: B) Social responsibility. 9. Create and Analyze Options A) Set aside strong feelings and consider many alternatives. Ask for input on which options offer the best long-term results. B) Choose the first option that comes to mind without further analysis. C) Ignore input from others and rely solely on personal judgment. D) Select options based on immediate benefits rather than long-term outcomes. Show Answer Correct Answer: A) Set aside strong feelings and consider many alternatives. Ask for input on which options offer the best long-term results. 10. Which of the following is a commonly used model of corporate social responsibility? A) Stakeholder Theory. B) Supply and Demand Model. C) Maslow's Hierarchy of Needs. D) Theory of Relativity. Show Answer Correct Answer: A) Stakeholder Theory. 11. These are social enterprises which provide loans and other investment facilities to small businesses and start-up social enterprises. A) Market Linkage Model. B) Intangible Asset. C) Organizational Support Model. D) Community Development Finance Institutions. Show Answer Correct Answer: D) Community Development Finance Institutions. 12. Which is ethical behaviour? A) Giving less remuneration to the employees. B) Selling inferior goods. C) Honest behaviour with the customer. D) Polluting the environment. Show Answer Correct Answer: C) Honest behaviour with the customer. 13. A situation in which there is no obvious right or wrong decision, but rather a right or right answer, is termed ..... A) Status paradox. B) Absence paradox. C) Discursive dilemma. D) Ethical dilemma. Show Answer Correct Answer: D) Ethical dilemma. 14. This type of social enterprise help people renew their support networks and assist them in finding jobs. A) Social Firms. B) Social Enterprise. C) New Life Model. D) Networking. Show Answer Correct Answer: A) Social Firms. 15. They created and developed a principle-based global engagement platform for academic institutions for them to follow recommendations introduced by ..... A) International University Deans. B) Global Compact Office. C) International Business Tycoons. D) Global Investors Association. Show Answer Correct Answer: B) Global Compact Office. 16. A document that a firm uses to influence an individual's ethical behavior A) Corporate policy. B) Code of ethics. C) Employee handbook. D) Ethical guidelines. Show Answer Correct Answer: B) Code of ethics. 17. A set of rules, laws, or principles that tell people how to behave A) Corruption. B) Code. C) Invest. D) Scandals. Show Answer Correct Answer: B) Code. 18. What stance do firms who do as little as possible to solve social or environmental problems take? A) Obstructionist. B) Social accommodation. C) Defensive. D) Accommodative. Show Answer Correct Answer: A) Obstructionist. 19. Insider trading is illegal in the UK. A) TRUE. B) FALSE. C) All the above. D) None of the above. Show Answer Correct Answer: A) TRUE. 20. Which of the following is a characteristic of ethical business communication? A) Ambiguity. B) Clarity. C) Deception. D) Manipulation. Show Answer Correct Answer: B) Clarity. 21. You and your friend were invited to a party over the weekend your parents say that you can go but your friends parents tell him that he can't go, his parents are gone for the weekend and he went to the party with him. Do you tell his parents? What would this me? A) Whistle-Blowers. B) Ethical Dilemma. C) Social audit. D) Code of Ethics. Show Answer Correct Answer: B) Ethical Dilemma. 22. When an activity benefits an individual but not the employer, what ethical dilemma has been created? A) Lack of social responsibility. B) Conflict of interest. C) Violation of the code of conduct. D) Conflict of morals. Show Answer Correct Answer: B) Conflict of interest. 23. What are emerging issues in business ethics today? A) Technology impact on privacy, sustainability, remote work ethics, diversity and inclusion, AI and automation challenges. B) Corporate tax evasion strategies. C) Employee benefits management. D) Traditional marketing ethics. Show Answer Correct Answer: A) Technology impact on privacy, sustainability, remote work ethics, diversity and inclusion, AI and automation challenges. 24. Define ethical values in the context of business. A) Ethical values in business are the principles that guide behavior and decision-making, including honesty, integrity, fairness, respect, and accountability. B) Prioritizing shareholder interests over ethical considerations. C) Ignoring employee welfare. D) Profit maximization at any cost. Show Answer Correct Answer: A) Ethical values in business are the principles that guide behavior and decision-making, including honesty, integrity, fairness, respect, and accountability. 25. This is a business practice of the organization that accounts for the social and environmental impacts that the business operation creates. A) Corporate Social Responsibility. B) Legal responsibilities. C) Ethical responsibilities. D) Discretionary responsibilities. Show Answer Correct Answer: A) Corporate Social Responsibility. ← 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