Top 80+ Solved Corporate Governance and Business Ethics MCQ Questions Answer
Q. The __________ approach to formal corporate ethics initiatives is proactive and inspirational.
a. Rules
b. Compliance
c. Principles
d. Values
Q. The _________ approach to formal corporate ethics initiatives focuses on meeting requiredbehaviour norms or obeying the letter of the law
a. Rules
b. Compliance
c. Principles
d. Values
Q. Which of the following is associated with the classical view of social responsibility?
a. economist Robert Reich
b. concern for social welfare
c. stockholder financial return
d. voluntary activities
Q. The belief that a firm pursuit of social goals would give them too much power is known aswhat argument in opposition to a firm being socially responsible?
a. Costs
b. lack of skills
c. lack of broad public support
d. too much power
Q. Social responsiveness refers to the capacity of a firm to adapt to changing_________________.
a. societal conditions
b. organizational conditions
c. societal leaders
d. organizational managers
Q. Applying social criteria to an investment decision refers to ________________.
a. socioeconomic view
b. social responsiveness
c. social responsibility
d. social screening
Q. Which of the following is a basic definition of ethics?
a. moral guidelines for behaviour
b. rules for acknowledging the spirit of the law
c. rules or principles that define right and wrong conduct
d. principles for legal and moral development
Q. Global organizations must __________ their ethical guidelines so that employees know whatis expected of them while working in a foreign location
a. Clarify
b. Provide
c. Establish
d. broaden
Q. _____________ is a document that outlines principles for doing business globally in theareas of human rights, labour, the environment, and anticorruption.
a. A code of ethics
b. The Global Compact
c. The Foreign Corrupt Practices Act
d. Global Ethics