Top 80+ Solved Corporate Governance and Business Ethics MCQ Questions Answer
Q. What type of justice exists if employees are being open, honest, and truthful in theircommunications at work?
a. Procedural
b. Distributive
c. Ethical
d. Interactional
Q. A high-commitment approach to environmental issues may include all of the following except:
a. risk analysis
b. stakeholder analysis
c. green-washing
d. strategic sustainability auditing
Q. Better access to certain markets, differentiation of products, and the sale of pollution-controltechnology are ways in which better environmental performance can:
a. increase revenue
b. increase costs
c. decrease revenue
d. decrease costs
Q. Most companies begin the process of establishing organizational ethics programs bydeveloping:
a. ethics training programs.
b. codes of conduct.
c. ethics enforcement mechanisms.
d. hidden agendas.
Q. When a firm charges different prices to different groups of customers, it may be accused of:
a. cultural relativism
b. money laundering
c. facilitating payments
d. price discrimination
Q. The social economy partnership philosophy emphasizes:
a. cooperation and assistance.
b. profit maximization.
c. competition.
d. restricting resources and support.
Q. Which of the following is not a driver of responsible competitiveness?
a. Policy drivers
b. Development drivers
c. Business action
d. Social enablers
Q. Which of the following is a problem presented by ethics audits?
a. They may be used to reallocate resources.
b. They identify practices that need improvement.
c. Selecting auditors may be difficult.
d. They may pinpoint problems with stakeholder relationships.
Q. The first step in the auditing process should be to secure the commitment of:
a. employees.
b. top executives and directors.
c. stockholders.
d. customers.
Q. Codes of conduct and codes of ethics
a. are formal statements that describe what an organization expects of its employees.
b. become necessary only after a company has been in legal trouble.
c. are designed for top executives and managers, not regular employees.
d. rarely become an effective component of the ethics and compliance program.
Q. Which of the following is NOT one of the primary elements of a strong organizationalcompliance program?
a. A written code of conduct
b. An ethics officer
c. Significant financial expenditures
d. A formal ethics training program
Q. ______________ are standards of behaviour that groups expect of their members.
a. Codes of conduct.
b. Group values.
c. Group norms.
d. Organizational norms.
Q. In a ______________ organization, decision making is delegated as far down the chain ofcommand as possible.
a. Decentralized
b. Creative
c. Flexible
d. Centralized
Q. Managerial ethics can be characterised by all of the following levels except
a. immoral management
b. amoral management
c. demoral management
d. moral management
Q. External audit of the accounts of a limited company is required
a. because it is demanded by the company’s bankers
b. by the Companies Act 2013
c. at the discretion of the shareholders
d. to detect fraud