Top 550+ Solved Business Management MCQ Questions Answer
Q. ……….. is a problem, situation, or opportunity requiring an individual, group, ororganization to choose among several action that must be evaluated as right or wrong.
a. crisis
b. ethical issue
c. condemnation
d. fraud
Q. ……….. ethics is study of human behavior as a consequence of beliefs about what is right orwrong.
a. normative
b. meta
c. applied
d. moral
Q. The word “ethics” is derived from greek word ………….
a. ethios
b. ethikos
c. etheos
d. none of these.
Q. …………. Deals with the right actions of individuals.
a. sincerity
b. rules
c. ethics
d. all of these
Q. What is the classical view of management's social responsibility?
a. to create specific environment in work place
b. to maximise profits
c. to protect and improve society's welfare
d. all of the above
Q. What does the socio - economic view of social responsibility talk about?
a. social responsibility goes beyond making profits to include protecting and improving society's welfare
b. encourage business
c. financial return
d. none of the above
Q. What is the only concern of stock holders?
a. financial return
b. make profits
c. encourage business to take up social responsibility
d. none of the above
Q. Which of the following is a disadvantage of social responsibility?
a. possession of resources
b. b. ethical obligation
c. public image
d. violation of profit maximization
Q. __________ is when a firm engages in social actions because of its obligation to meetcertain economic and legal responsibilities.
a. social obligation
b. social responsibility
c. social responsiveness
d. none of the above
Q. When social criteria is applied on investment decisions it is called ____
a. social responsiveness
b. ethical obligation
c. social screening
d. financial return
Q. The recognition of the close link between an organization’s decisions and activities and itsimpact on the natural environment is called __________.
a. global environment
b. greening of management
c. social actions
d. none of the above
Q. ……………. Generally refers to transparent business practices that are based on ethicalvalues, compliance with legal requirements, and respect for people, communities, and the environment.
a. corporate social responsibility
b. code of ethics
c. ethical standards
d. none of the above
Q. WBCSD stands for
a. world business council for sustainable development
b. world business company for sustainable development
c. world bank council for sustainable development
d. world business council for strategic development