This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics – Quiz 9 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics Quiz 9 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. When did openly selling personal data become popular? A) In the 1970s. B) In the 1980s. C) In the 1990s. D) In the 2000s. Show Answer Correct Answer: D) In the 2000s. 2. How can companies discourage unethical behavior in their employees? A) By disciplining repeat offenders in private. B) By conducting regular audits and random spot checks. C) By not adopting a formal code of ethics. D) By not giving their board of directors more power than the CEOs. Show Answer Correct Answer: B) By conducting regular audits and random spot checks. 3. Unauthorized use of a trademark in a manner which is likely to cause confusion, deception or mistake about the source of goods or services A) Trademark Infringement. B) Privacy Invasion. C) Policies and Regulations. D) Open Source. Show Answer Correct Answer: A) Trademark Infringement. 4. If an employee is rewarded in some way for an unethical choice or fails to suffer any kind of consequence, they are not likely to make that same choice in the future. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 5. What are the potential consequences of making unethical decisions in business? A) Increase in customer satisfaction. B) Enhanced brand loyalty. C) Improved employee productivity. D) Damage to reputation, loss of trust, legal issues, financial losses, negative impact on employee morale. Show Answer Correct Answer: D) Damage to reputation, loss of trust, legal issues, financial losses, negative impact on employee morale. 6. A business moves its facilities overseas to take advantage of lower taxes and labor costs. Many former employees say that this is unethical, but the business defends itself by saying that the action is A) Not illegal. B) Committed by unethical employees. C) Acceptable within the industry. D) Good for employees. Show Answer Correct Answer: A) Not illegal. 7. It is an activity of exchanging goods, for gaining profit. A) Business. B) Organization. C) All the above. D) None of the above. Show Answer Correct Answer: A) Business. 8. Which of the following questions should NOT be taken into consideration when listing all the alternatives and consequences to solve an ethical problem? A) Is it legal?. B) Does it fit my personal values?. C) Who will be affected?. D) Does it benefit me personally?. Show Answer Correct Answer: D) Does it benefit me personally?. 9. An example of an ethical issue in business would be: A) Choosing an advertising slogan. B) Deciding on the color of the company logo. C) Insider trading and misrepresentation of financial data. D) Expansion into a new market. Show Answer Correct Answer: C) Insider trading and misrepresentation of financial data. 10. You make sure everyone working on your group project has an equal share of the work because you care about the ethical principle of A) Rule of law. B) Fairness. C) Accountability. D) Transparency. Show Answer Correct Answer: B) Fairness. 11. In developing the framework of business social responsibility, one of the key considerations of every business organization is to guarantee the safety of the services or products offered. This reflects what particular social responsibility of business? A) Corporate Social Responsibility. B) Duty not to cause harm. C) Legal responsibilities. D) Discretionary responsibilities. Show Answer Correct Answer: B) Duty not to cause harm. 12. There are governmental guidelines that companies must follow in order to maintain ethical standards. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 13. What is one characteristic of a speech's message that should be avoided? A) Telling the truth. B) Using stereotypes. C) Using respectful language. D) Using engaging content. Show Answer Correct Answer: B) Using stereotypes. 14. By providing quality product at reasonable price, business is fulfilling its responsibility towards A) Community. B) Government. C) Customer. D) Shareholders. E) None. Show Answer Correct Answer: C) Customer. 15. Payments made to secure special services for a company or special consideration for its products A) Kickback. B) Bribe. C) Buy off. D) Hush money. Show Answer Correct Answer: B) Bribe. 16. What should managers in a multinational firm be particularly sensitive to? A) Advancements in technology. B) Changes in the global stock market. C) Differences in political systems, laws, economic development, and culture. D) Trends in social media. Show Answer Correct Answer: C) Differences in political systems, laws, economic development, and culture. 17. Connected with principles of right and wrong behaviour A) Defective. B) Moral. C) Initiatives. D) Executive. Show Answer Correct Answer: B) Moral. 18. Which of the following is a principle of ethical leadership? A) Autocratic decision-making. B) Profit over people. C) Transparency. D) Secrecy. Show Answer Correct Answer: C) Transparency. 19. Business organizations should comply with reportorial requirements as mandated by government for ethical practices. A) TRUE. B) FALSE. C) All the above. D) None of the above. Show Answer Correct Answer: A) TRUE. 20. Which of the following occurs when someone uses confidential information to gain from the purchase or sale of stocks? A) Identity theft. B) A guarantee. C) Insider trading. D) Collusion. Show Answer Correct Answer: C) Insider trading. 21. In the context of business ethics, what does 'transparency' mean? A) Keeping company secrets from competitors. B) Open and honest communication with stakeholders. C) Sharing all business strategies with the public. D) Ensuring all employees have access to company finances. Show Answer Correct Answer: B) Open and honest communication with stakeholders. 22. Which of the following best describes a conflict of interest? A) A situation where personal interests could influence professional decisions. B) A disagreement between two employees. C) A difference in opinion on business strategy. D) None of the above. Show Answer Correct Answer: A) A situation where personal interests could influence professional decisions. 23. Jeffrey works as a line cook in local restaurant. He often alters his time card at work to show that he works longer hours than he really does. This is an example of ..... deviance. A) Production. B) Property. C) Political. D) Personal. Show Answer Correct Answer: B) Property. 24. A firm's social responsibility program will be effective without the total commitment of the company's top business officials. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 25. Company property or assets are for business purposes and not for personal use A) TRUE. B) FALSE. C) All the above. D) None of the above. Show Answer Correct Answer: A) TRUE. ← 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 10Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics Quiz 11 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books