This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics – Quiz 6 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics Quiz 6 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Managers can use integrity tests to ..... A) Select and hire ethical employees. B) Force the use of the principle of distributive justice when dealing with customers. C) Differentiate primary and secondary stakeholders. D) Determine which principle of ethical decision making is most appropriate to the situation. E) Assess the ethical intensity of an issue. Show Answer Correct Answer: A) Select and hire ethical employees. 2. Government's role in encouraging ethics A) The government can encourage ethical behavior by enacting more stringent regulations. B) The government should remain neutral and not interfere with private sector ethics. C) The government can promote ethics by reducing regulations and allowing free market forces to prevail. D) The government should focus solely on economic growth without considering ethical implications. Show Answer Correct Answer: A) The government can encourage ethical behavior by enacting more stringent regulations. 3. Respecting the religious sentiments and dignity of people while advertising for a product is ..... A) Legal responsibility. B) None of these. C) Economic responsibility. D) Ethical responsibility. Show Answer Correct Answer: D) Ethical responsibility. 4. What is a partnership? A) A partnership is a form of government organization that manages public services. B) A partnership is a legal document that outlines employee benefits. C) A partnership is a business arrangement between two or more individuals who share ownership and management responsibilities. D) A partnership is a type of loan agreement between two parties. Show Answer Correct Answer: C) A partnership is a business arrangement between two or more individuals who share ownership and management responsibilities. 5. Carbon monoxide emitted by automobiles directly contributes to A) Water pollution. B) Noise pollution. C) Land pollution. D) Air pollution. Show Answer Correct Answer: D) Air pollution. 6. You insert the exact amount into the vending machine at school for a can of soda. Two cans are released from the machine. What will you do with the extra can of soda? A) Offer the can of juice to your classmate. B) Keep the extra can of soda for you. C) Report an incident to appropriate school personnel. D) None of the above. Show Answer Correct Answer: C) Report an incident to appropriate school personnel. 7. Which is NOT a step in the ethical decision making process? A) Identify the ethical problem. B) Decide who will be affected. C) Select the best alternative. D) Choose the worst alternative. Show Answer Correct Answer: D) Choose the worst alternative. 8. An event in which someone, especially someone important, behaves in a bad way that shocks people A) Corruption. B) Fraud. C) Atmosphere. D) Scandal. Show Answer Correct Answer: D) Scandal. 9. Transparency means to be liable to explain or justify one's action and decision. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 10. Base of pyramid of global responsibility and performance A) Ethical Responsibilities. B) Economic Responsibilities. C) Legal Responsibilities. D) Philanthropic Responsibilities. Show Answer Correct Answer: B) Economic Responsibilities. 11. The right to safety (protection from hazardous goods) and the right to be informed. A) Consumer rights. B) Buyer rights. C) Customer rights. D) Shopper rights. Show Answer Correct Answer: A) Consumer rights. 12. It is easy for an organization to develop ethics codes, policies, and procedures to deal with all relationships and every situation. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 13. A good marketing strategy applies effectively in achieving this financial freedom. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 14. A financial advisor receives a bonus for selling a certain mutual fund. Her reason for taking this action, which some consider unethical, might be that the action A) Benefits the community. B) Is acceptable within the industry. C) Is acceptable in foreign cultures. D) Is committed by unethical employees. Show Answer Correct Answer: B) Is acceptable within the industry. 15. The crime of deceiving people in order to gain something such as money or goods A) Violate. B) Scandal. C) Fraud. D) Corruption. Show Answer Correct Answer: C) Fraud. 16. Some people believe that a business's only true ethical obligation is to A) Contribute to charity. B) Provide jobs. C) Protect the environment. D) Make money. Show Answer Correct Answer: D) Make money. 17. Formal statement that defines how the organization expects and requires employees to resolve ethical questions. A) Break room guidelines. B) Locker room rules. C) Code of Conduct. D) None of the above. Show Answer Correct Answer: C) Code of Conduct. 18. Enforcement of Policies A) Affects opportunity for ethical behavior. B) Increases the likelihood of unethical behavior. C) Reduces the need for compliance training. D) Has no impact on organizational culture. Show Answer Correct Answer: A) Affects opportunity for ethical behavior. 19. Which of the following is a key responsibility of a business towards the government and community? A) Maximizing shareholder profits above all else. B) Paying taxes regularly and honestly. C) Engaging in unfair trade practices to gain market share. D) Ignoring environmental regulations to reduce costs. Show Answer Correct Answer: B) Paying taxes regularly and honestly. 20. Society benefits from business organizations that do good and practice their social responsibility. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 21. A ..... is defined as someone with a share or interest in a business enterprise. A) Stakeholder. B) Moderator. C) Mediator. D) Crossholder. Show Answer Correct Answer: A) Stakeholder. 22. This is a system of rules and practices by which companies are directed and controlled to ensure accountability, fairness and transparency A) Corporate social responsibility. B) Business Ethics. C) Ethics. D) Corporate governance. Show Answer Correct Answer: D) Corporate governance. 23. It is a banking service provided to unemployed or low-income individuals or groups who otherwise would have no other access to financial services. Also, it allows people to take on reasonable small business loans safely, and in a manner that is consistent with ethical lending practices. A) Macro finance. B) Microfinance. C) Economic investment. D) Micro business. Show Answer Correct Answer: B) Microfinance. 24. Which of the following refers to the code or system for controlling means to serve human ends? A) Ethics. B) Values. C) Traditions. D) Policy. Show Answer Correct Answer: A) Ethics. 25. What is an entrepreneur's responsibility to investors and creditors? A) Serving only ethically sourced coffee. B) Being honest and transparent in all areas. C) Focusing attention on the customer you are working with. D) Using environmentally friendly transportation. Show Answer Correct Answer: B) Being honest and transparent in all areas. ← 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 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 10Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics Quiz 11 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books