Top 550+ Solved Business Management MCQ Questions Answer

From 271 to 285 of 631

Q. Which of the following company is under cooperative sector?

a. DCM Limited

b. Voltas Ltd

c. IFFCO

d. BARC

e. Rs. 17,50,500

  • c. IFFCO

Q. Indicate the group of persons who gain from inflation

a. Stock holders

b. Bond holders

c. Debetures holders

d. Fixed deposit holders

e. Improved labour relations

  • a. Stock holders

Q. At break-even point, total cost is equal

a. fixed cost

b. variable cost

c. income

d. none of the above

e. None of the above

  • c. income

Q. Balanced growth means

a. Equal percentage growth in output

b. Equal increase in resources allocated

c. Different parts of the economy grow in a harmonious manner

d. Different fields grow in a natural rate

e. None of the above

  • c. Different parts of the economy grow in a harmonious manner

Q. Fountain pen and ink are

a. independent goods

b. substitute goods

c. complimentary goods

d. classified goods

e. Rs. 17,50,500

  • c. complimentary goods

Q. --------- is a statement of expected results expressed in quantitative terms for a period

a. plan

b. budget

c. schedule

d. none of these

  • b. budget

Q. The word Ethics is derived from Greek word……

a. ethios

b. ethikos

c. ethoes

d. none

  • b. ethikos

Q. What is meant by the phrase CSR?

a. corporate social responsibility

b. company social responsibility

c. corporate society responsibility

d. company society responsibility

  • a. corporate social responsibility

Q. The goal of corporate governance and business ethics education is to:

a. teach students their professional accountability and to uphold their personal integrity to society.

b. change the way in which ethics is taught to students.

c. create more ethics standards by which corporate professionals must operate.

d. increase the workload for accounting students.

  • c. create more ethics standards by which corporate professionals must operate.

Q. The corporate governance structure of a company reflects the individual companies’:

a. cultural and economic system.

b. legal and business system.

c. social and regulatory system.

d. all of the above.

  • d. all of the above.

Q. The four types of social responsibility include:

a. legal, philanthropic, economic, and ethical

b. ethical, moral, social, and economic

c. philanthropic, justice, economic, and ethical

d. legal, moral, ethical, and economic

  • a. legal, philanthropic, economic, and ethical

Q. Which of the following statements best describes Corporate Social Responsibility?

a. a corporation's requirement to make as much profit as possible.

b. a corporation's obligation to society that goes beyond the requirements of the law and economics to take into account the social and environmental impact of its decisions.

c. a corporation's obligation to consider the impact of its decisions on the environment.

d. the duty of care a corporation has to its employees and customers.

  • b. a corporation's obligation to society that goes beyond the requirements of the law and economics to take into account the social and environmental impact of its decisions.

Q. The moral case for CSR, i.e. that it is the right thing to do, is justified by which of thefollowing arguments?

a. that the corporation is a creation of society and should therefore serve its needs.

b. that the corporation is a legal creation and therefore cannot be a moral agent.

c. large corporations do not have the power or resources to address society's problems.

d. business decisions will have social and environmental consequences which will be addressed by governments.

  • a. that the corporation is a creation of society and should therefore serve its needs.

Q. Which of the following form part of the business case for CSR?

a. better motivated staff reduce operating costs.

b. increased brand value and reputation.

c. the maintenance of the 'licence to operate'.

d. all of the options given.

  • d. all of the options given.
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