Top 80+ Solved International Business Management (IBM) MCQ Questions Answer
Q. State whether it is true or not: “Around the World, wherever you are, get what you want-fast from our family of Web sites.”
a. False
b. True
c. Incomplete
d. Cannot say
Q. The main benefits for industrial countries would come from the liberalization of their___ market.
a. Mine
b. Agriculture
c. Domestic
d. National
Q. The non-tariff barriers are:
a. Product standards
b. Proliferation
c. Both a and b
d. Product adaptation
Q. What is meant by the phrase CSR?
a. Corporate Social Responsibility
b. Company Social Responsibility
c. Corporate Society Responsibility
d. Company Society Responsibility
Q. What does Milton Friedman believe to be the sole responsibility of business?
a. The only social responsibility of business is to its shareholders
b. Managers should act in ways that balance the interest of society and shareholders
c. The primary responsibility organizations have is to its employees
d. The primary responsibility organizations have is to its stakeholder
Q. What is the enlightened self-interest model of CSR?
a. That it is in an organization's own best interest to put itself first rather than its ethics
b. That it is in an organization's best interest to consider what a shareholder would want
c. That it is in an organization's own best interest to act in an ethical way
d. That it is in an organization's own best interest to follow the legislation and abide by the law.
Q. What does the importance of ethical behaviour, integrity and trust call into question?
a. The extent to which managers should attempt to change the underlying beliefs and values of individual followers
b. Who does what
c. What we do next
d. None of these
Q. Which of the following would most effectively act as the primary objective of a business organisation?
a. To make a profit
b. To procure resources
c. To communicate with shareholders
d. To mediate between the organisation and the environment
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 legislation relates to the concept of business ethics?
a. Freedom of Information Act
b. Food Act
c. Building regulations
d. All of these
Q. A stakeholder orientation includes all of the following activities except:
a. Generating Data About Stakeholder Groups
b. Assessing The Firm's Effects On Stakeholder Groups
c. Distributing Stakeholder Information Throughout The Firm
d. Minimizing The Influence Of Stakeholder Information On The Firm
Q. A (n) ________ is a problem, situation, or opportunity requiring an individual, group, or organization to choose among several actions that must be evaluated as right or wrong.
a. Crisis
b. Ethical Issue
c. Indictment
d. Fraud
Q. What type of justice exists if employees are being open, honest, and truthful in their communications at work?
a. Procedural
b. Distributive
c. Ethical
d. Interactional