This quiz works best with JavaScript enabled. Home > Class 12 > Class 12 Entrepreneurship Chapter 5 Business Ethics And Corporate Social Responsibility – Quiz 11 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 12 Entrepreneurship Chapter 5 Business Ethics And Corporate Social Responsibility Quiz 11 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Schwartz, Dunfee, and Kline recommend six core values to guide their behavior as board members which are honesty, integrity, loyalty, responsibility, fairness, and ..... A) Empathy. B) Citizenship. C) All the above. D) None of the above. Show Answer Correct Answer: B) Citizenship. 2. What (Negative) Filipino Value System refers to the Filipinos' own version of fatalism, the belief of leaving everything to the hands of fate? A) Excessive parting. B) Filipino Time. C) Penchant of Law breaking. D) Bahala Na. Show Answer Correct Answer: D) Bahala Na. 3. CSR is the idea that a business has a responsibility to the society that exists around it. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 4. Business Ethics refers to the ..... system of principles. A) Moral. B) Social. C) Economics. D) None of the above. Show Answer Correct Answer: A) Moral. 5. Ethical Dilemma A) A situation in which a person must choose between two conflicting ethical principles. B) A scenario where one must decide on the best course of action without any moral conflict. C) A choice made without considering the consequences of one's actions. D) A decision that is solely based on personal gain. Show Answer Correct Answer: A) A situation in which a person must choose between two conflicting ethical principles. 6. According to Carroll's CSR Pyramid, what is the responsibility of business to be profitable? A) Philanthropic. B) Ethical. C) Legal. D) Economic. Show Answer Correct Answer: D) Economic. 7. When a manager or head of business exhibits a lack of ethical behavior, what does he face losing? A) Employee relations. B) Profit margins. C) Market share. D) Customer loyalty. Show Answer Correct Answer: A) Employee relations. 8. A lack of ethics has a negative effect in employee performance. In some cases, employees are so concerned with getting ahead and making money that they ignore procedures and protocol. A) Employee performance. B) Company profits. C) Workplace culture. D) Employee satisfaction. Show Answer Correct Answer: A) Employee performance. 9. Which of these agencies fall under Environmental Protections? A) Environmental Protection Agency (EPA). B) National Park Service (NPS). C) Occupational Safety and Health Administration (OSHA). D) Equal Employment Opportunity Commission (EEOC). Show Answer Correct Answer: A) Environmental Protection Agency (EPA). 10. According to the text, what is the extent to which an organization's operations and actions protect, mend, and preserve rather than harm or destroy the natural environment called? A) Sustainability. B) Compliance. C) Profitability. D) Efficiency. Show Answer Correct Answer: A) Sustainability. 11. What kind of belief system that encourages all things in moderation and teaches that the desire for worldly things leads to evil? A) Buddhism. B) Hinduism. C) Christianity. D) Islam. Show Answer Correct Answer: A) Buddhism. 12. For years, business enterprises have been dumping wasteinto rivers, streams and lakes with little regard for the consequences ..... has led to the death of several animals and posed a serious threat to human life. A) Air pollution. B) Water pollution. C) Land pollution. D) Noise pollution. Show Answer Correct Answer: B) Water pollution. 13. Which concept focuses on creating economic value in a way that also produces value for society by addressing its challenges? A) Corporate Philanthropy. B) Corporate Governance. C) Creating Shared Value (CSV). D) Cause-Related Marketing. Show Answer Correct Answer: C) Creating Shared Value (CSV). 14. Since the actions of ..... directly influence the culture and values of their organizations, wise entrepreneurs do their best to make ethical decisions from the very beginning. A) Customers. B) Managers. C) Entrepreneurs. D) Engineers. Show Answer Correct Answer: C) Entrepreneurs. 15. An argument against social responsibility says, "Violation of ..... maximisation objective" . A) Employees. B) Sales. C) Profit. D) Idea. Show Answer Correct Answer: C) Profit. 16. What is an increasingly popular strategy for attracting ethics-mined customers? A) Entrepreneurship. B) Morals. C) Competition. D) Corporate social responsibility. Show Answer Correct Answer: D) Corporate social responsibility. 17. ..... refers to the implementation of appropriate business practices and policies in the workplace. A) Business Ethics. B) Personal Ethics. C) Social Ethics. D) Professional Ethics. Show Answer Correct Answer: A) Business Ethics. 18. What is the impact of ethical leadership on a company's culture? A) It creates a culture of fear and compliance. B) It fosters a culture of trust and integrity. C) It leads to a culture focused solely on profit. D) It results in a culture of indifference. Show Answer Correct Answer: B) It fosters a culture of trust and integrity. 19. Target Audience A) A specific group of consumers identified as the intended recipient of a marketing message. B) A random selection of consumers who may or may not be interested in a product. C) A demographic group that has no interest in marketing messages. D) A collection of consumers who have previously purchased a product. Show Answer Correct Answer: A) A specific group of consumers identified as the intended recipient of a marketing message. 20. Which of the following is not a common source of financing for a new venture? A) Personal savings. B) Bank loans. C) Venture capital. D) Friend salary. Show Answer Correct Answer: D) Friend salary. 21. Which choice would be considered ethical? Why? A) Choosing the option that benefits the most people. B) Selecting the choice that is easiest to implement. C) Opting for the decision that leads to the highest profit. D) Picking the alternative that requires the least effort. Show Answer Correct Answer: A) Choosing the option that benefits the most people. 22. An argument against social responsibility says, "Burden on ..... " A) Employees. B) Shareholders. C) Consumers. D) Stakeholders. Show Answer Correct Answer: C) Consumers. 23. "A standard of values that involve a concept of right and wrong and guide the way a business behave."This statement explains about: A) Laws. B) Ethics. C) Moral principles. D) Business ethics. Show Answer Correct Answer: D) Business ethics. 24. Who is known for his utilitarianism concept of ethics? A) Aristotle. B) Betham and Mill. C) Plato. D) Socrates. Show Answer Correct Answer: B) Betham and Mill. 25. Transparency A) The quality of being open and honest about business practices and decisions. B) The ability to conceal information from stakeholders. C) A method of increasing profits through secrecy. D) The practice of sharing only positive outcomes with the public. Show Answer Correct Answer: A) The quality of being open and honest about business practices and decisions. ← PreviousNext →Related QuizzesClass 12 Entrepreneurship Chapter 5 Business Ethics And Corporate Social Responsibility Quiz 1Class 12 Entrepreneurship Chapter 5 Business Ethics And Corporate Social Responsibility Quiz 2Class 12 Entrepreneurship Chapter 5 Business Ethics And Corporate Social Responsibility Quiz 3Class 12 Entrepreneurship Chapter 5 Business Ethics And Corporate Social Responsibility Quiz 4Class 12 Entrepreneurship Chapter 5 Business Ethics And Corporate Social Responsibility Quiz 5Class 12 Entrepreneurship Chapter 5 Business Ethics And Corporate Social Responsibility Quiz 6Class 12 Entrepreneurship Chapter 5 Business Ethics And Corporate Social Responsibility Quiz 7Class 12 Entrepreneurship Chapter 5 Business Ethics And Corporate Social Responsibility Quiz 8Class 12 Entrepreneurship Chapter 5 Business Ethics And Corporate Social Responsibility Quiz 9Class 12 Entrepreneurship Chapter 5 Business Ethics And Corporate Social Responsibility Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books