Top 80+ Solved International Business Management (IBM) MCQ Questions Answer
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. Atmospheric issues include all of the following except:
a. Acid Rain
b. Global Warming
c. Air Pollution
d. Water Quantity
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. Successful global initiatives addressing standards for business must begin and end with:
a. the role of corporate governance and shareholder power in corporate decision making
b. social activism
c. the implementation of standardized ethics programs
d. the consolidation of economic and environmental efforts
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 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. ____________ refers to a strategic process involving stakeholder assessment to create longterm relationships with customers, while maintaining, supporting, and enhancing the natural environment.
a. Eco-strategy
b. Green marketing
c. Superfund reauthorization
d. Recycle and reprocess management
Q. A ________ _________ sets out the purpose and general direction for the organisation?
a. Vision
b. Purpose statement
c. Mission statement
d. Profit statement
Q. Which of the following would most effectively act as the primary objective of a business organization?
a. To communicate with shareholders.
b. To make a profit.
c. To mediate between the organization and the environment.
d. All of the above.
Q. What is the purpose of a balanced scorecard?
a. To relate business performance to financial measures.
b. To measure contribution of people to business growth.
c. To relate business performance to customer satisfaction.
d. To combine a range of qualitative and quantitative indicators of performance.
Q. Which of the following does the term Corporate Social Responsibility relate to?
a. Environmental practice.
b. Ethical conduct.
c. Human rights and employee relations.
d. All of the above.
Q. Who are organisational stakeholders?
a. Employees
b. Government
c. Customers
d. All of the above.
Q. What is Ethics to do with?
a. The wider community.
b. Right and wrong.
c. Business!
d. None of the above.