Top 50+ Solved Business Ethics and Corporate Social Responsibility MCQ Questions Answer
Q. What is known as, where an organisation takes into account the effect its strategic decisions have on society?
a. Business policy.
b. Business ethics.
c. Corporate governance.
d. Corporate social responsibility.
Q. According to Carroll Model, which is NOT one of the four interrelated components of Corporate Social Responsibility?
a. Environmental Responsibilities.
b. Legal Responsibilities.
c. Discretionary Responsibilities.
d. Economic Responsibilities.
Q. Corporate contributions for charitable and social responsibility purposes is called:
a. Corporate Charities.
b. Corporate Discretionaries.
c. Corporate Philanthropy.
d. Corporate Donations.
Q. Which of the Right provides the adequate and accurate information about quality, quantity, purity, standard and the price of the goods and services?
a. Right to be informed.
b. Right to consumer education.
c. Right to be heard.
d. Right to choose.
Q. A salesperson gives a customer a gift before a major deal to thank the customer for past business. What's the potential problem with this approach?
a. The buyer might not like the gift.
b. This is considered reciprocity.
c. The salesperson will have to give the client a gift after every deal.
d. This could be considered a bribe by the buyer.
Q. Problems involving conflict between moral imperatives are known as:
a. Scruples.
b. Ethical dilemmas.
c. Reputation.
d. Honesty.
Q. Managers must NOT provide a good role model by:
a. Communicating shared ethical values to employees through symbols, stories, and slogans.
b. Protecting employees who bring to light unethical behaviors or raise ethical issues.
c. Admitting failure and not trying to cover it up.
d. Hiding the truth or manipulate information.
Q. Which of the following knowledge can be articulated, codified, and stored in certain media?
a. Explicit knowledge.
b. Tacit knowledge.
c. Declarative knowledge.
d. Procedural knowledge.
Q. Deep breathing, yoga and exercise would all be stress management techniques.
a. Religious.
b. Cognitive.
c. Physical.
d. Social.
Q. The extent to which an employees work meets his professional needs is termed as:
a. Quality circles.
b. Quality of work life.
c. Quality cycle.
d. Quality program.
Q. Management is called a process because:
a. It involves a series of actions.
b. It is relevant for social organisation.
c. It is applicable to the manufacturing process.
d. All of the above.
Q. Which of the following is NOT the Principle for Competitive Success?
a. Develop a successful business plan.
b. Offer a great product or service.
c. Surround yourself with great people.
d. Give up if something doesn\t work according to approach.
Q. What is the main purpose of Corporate Governance?
a. To maximise shareholder value.
b. To separate ownership and management control of organisations and the requirement for increased accountability to stakeholder groups.
c. To ensure that regulatory frameworks are adhered to.
d. To separate ownership and management control of organisations.
Q. Who is a stakeholder?
a. All the organisations that work with a business.
b. All the suppliers, customers and employees of a business.
c. Any individual, group, or organisation that is affected by or can affect the activities of a business.
d. The network of people who come into contact with a business.
Q. Who is NOT a consumer under Consumer Protection Act?
a. Any person who buys any goods for a consideration.
b. Any person who buys goods and uses them exclusively for the purpose of earning his livelihood by means of selfemployment.
c. Any person who avails services with the approval of hirer.
d. Any person who obtains goods for resale or commercial purposes.