Top 80+ Solved Corporate Governance and Business Ethics MCQ Questions Answer
Q. What is green washing?
a. Transforming products to be more ethical.
b. Making a product appear more ethical that it really is.
c. Converting the company to green production methods.
d. Convincing customers to buy ethically.
Q. What is triple bottom line?
a. An accounting tool that looks at the impact on people, planet and profits.
b. A management strategy which states all the attention should be on profits.
c. An accounting tool that looks at cost, profit and loss.
d. A management strategy which focuses on corporate social responsibility.
Q. A ________ _________ sets out the purpose and general direction for the organisation?
a. Mission statement
b. Purpose statement
c. Vision
d. Profit statement
Q. Which of the following would most effectively act as the primary objective of a businessorganisation?
a. To make a profit
b. To procure resources
c. To communicate with shareholders
d. To mediate between the organisation and the environment
Q. What is the purpose of a balanced scorecard?
a. To measure contribution of people to business growth
b. To combine a range of qualitative and quantitative indicators of performance
c. To relate business performance to customer satisfaction
d. All of the above
Q. Which of the following does the term Corporate Social Responsibility relate to?
a. Ethical conduct
b. Environmental practice
c. Community investment
d. All of the above
Q. Which of the following is an example of an area where business ethics apply?
a. Conduct of international operations
b. Nowhere
c. In the personal life of staff
d. None of the above
Q. Which legislation relates to the concept of business ethics?
a. Freedom of Information Act
b. Food Act
c. Building regulations
d. All of these
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
Q. The ________ dimension of social responsibility refers to a business's societal contribution oftime, money, and other resources.
a. Ethical
b. Philanthropic
c. Volunteerism
d. Strategic
Q. Stakeholders are considered more important to an organization when:
a. they can make use of their power on the organization
b. they do not emphasize the urgency of their issues
c. their issues are not legitimate
d. they can express themselves articulately
Q. A ________ is a problem, situation, or opportunity requiring an individual, group, ororganization to choose among several actions that must be evaluated as right or wrong.
a. Crisis
b. ethical issue
c. indictment
d. fraud
Q. Which moral philosophy seeks the greatest good for the greatest number of people?
a. Consequentialism
b. Utilitarianism
c. Egoism
d. Ethical formalism