Top 150+ Solved Managing for Sustainability MCQ Questions Answer
Q. In what country do the three largest shareholders control, on average, about 60 percent of the shares of a public company?
a. United States
b. Canada
c. Great Britain
d. Italy
Q. The public corporation
a. is jointly owned by a (potentially) large number of shareholders.
b. offers shareholders limited liability.
c. separates the ownership and control of a firm's assets.
d. all of the above
Q. Periodic ethics audits
a. Are required by the Indian stock exchange
b. A method of fostering ethics
c. A method of quantitative assessment
d. Always use external consultants
Q. Political intrusion into business
a. May be desirable in some circumstances
b. Is anathema
c. Politics should have no say in how business is conducted
d. state legislation over-rides Federal Legislation
Q. The reach of codes is
a. Restricted to those obliged to conform by virtue of membership
b. Applicable to all
c. Applicable to the public only
d. the same as the reach of the law
Q. East India Company
a. Was always a management agency for the British government
b. had a continuous trade monopoly until 1873
c. Went out of existence at the time of Indian independence
d. Largely set commercial and management practices for India
Q. Quantification in ethics may be done by
a. Putting monetary value on prospective actions
b. Comparing the value of one action with another
c. Both A and B
d. Neither A or B
Q. When communicating a code of conduct
a. Focus on values that should guide decision making
b. Provide the same code of conduct to all departments regardless of its length.
c. Refrain from changing the code of conduct regularly
d. Fewer employees will read the code if it is short
Q. The __________ approach to formal corporate ethics initiatives is proactive andinspirational.
a. Rules
b. Compliance
c. Principles
d. Values
Q. The _________ approach to formal corporate ethics initiatives focuses on meeting required behavior 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 as what 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 obligation is the obligation of a business to meet its _______________.
a. social and technological responsibilities
b. economic and legal responsibilities
c. technological and economic responsibilities
d. economic and social responsibilities
Q. Under the concept of social obligation, the organization ________________.
a. does what it can to meet the law, and a little bit more for stakeholders
b. fulfills its obligation to the stakeholders, which makes it fulfill the law, too
c. does the minimum required by law
d. fulfills its obligation to the law and its stakeholders