Teaching Business Studies Social Responsibilities Of Business And Business Ethics Question Bank

done MCQ - Social Responsibility of Business Total Questions - 39

• question_answer1)
  Which responsibility comes under social responsibility
  A)
   Economic responsibility done clear
  B)
   Legal responsibility done clear
  C)
   Ethical responsibility done clear
  D)
   All of the above done clear
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• question_answer2)
  Social responsibility means responsibility of a business towards
  A)
   Customers                                 done clear
  B)
   workers done clear
  C)
   Shareholders                             done clear
  D)
   All of the above done clear
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• question_answer3)
  Need for social responsibility is
  A)
   For serving the interest of society done clear
  B)
   For getting moral understanding done clear
  C)
   For getting help in addressing legal, ethical and commercial issues well done clear
  D)
   All of the above done clear
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• question_answer4)
  Which one is correct?
  A)
   Social responsibility has advantages done clear
  B)
   Social responsibility has disadvantages done clear
  C)
   Both a and b done clear
  D)
   None of the above done clear
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• question_answer5)
  Social responsibility can be divided in.........parts
  A)
   1                                             done clear
  B)
   2 done clear
  C)
   3                                             done clear
  D)
   4 done clear
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• question_answer6)
  Objectives of the environment protection act are
  A)
   To co-ordinate the activities of the various regulatory agencies already in existence done clear
  B)
   To appoint environment officers to check environmental pollution done clear
  C)
   To improve the quality of life done clear
  D)
   All of the above done clear
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• question_answer7)
  Environment Protection Act is related to year
  A)
   1972                                        done clear
  B)
   1986 done clear
  C)
   1994 done clear
  D)
   2000 done clear
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• question_answer8)
  Match the following

  List I		List II
  A.	Threat of public regulation	1.	Environment protection
  B.	Code of conduct	2.	Social responsibility
  C.	Fundamental duty to protect	3.	Business ethics

  Codes
  A)
                                   A\[\to \]1, B\[\to \]2, C\[\to \]3        done clear
  B)
   A\[\to \]3, B\[\to \]2, C\[\to \]1     done clear
  C)
   A\[\to \]3, B\[\to \]1, C\[\to \]2                 done clear
  D)
   A\[\to \]2, B\[\to \]1, C\[\to \]3            done clear
  View Solution play_arrow

• question_answer9)
  Importance of business ethics are
  A)
   Improving customer's confidence done clear
  B)
   Safeguarding consumer's rights done clear
  C)
   Protecting employees and shareholders done clear
  D)
   All of the above done clear
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• question_answer10)
  What is the feature of business ethics?
  A)
   Based on moral and social values done clear
  B)
   Gives protection to social groups done clear
  C)
   Requires education and guidance done clear
  D)
   All of the above done clear
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• question_answer11)
  Business ethics is the study of......... where issues of right and wrong are addressed.
  A)
   Business situations                     done clear
  B)
   business activities done clear
  C)
   Business decisions                      done clear
  D)
   All of the above done clear
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• question_answer12)
  Business responsibility is towards
  A)
   Shareholders                             done clear
  B)
   workers done clear
  C)
   Government                              done clear
  D)
   All of these done clear
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• question_answer13)
  Without serving society a business firm cannot survive for
  A)
   one day                                    done clear
  B)
   one week done clear
  C)
   Short-term                                done clear
  D)
   long-term done clear
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• question_answer14)
  Ethics is a branch of.........
  A)
   Social science                            done clear
  B)
   Political science done clear
  C)
   Both  and                                 done clear
  D)
   None of these done clear
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• question_answer15)
  Business ethics is.........
  A)
   Voluntary                                 done clear
  B)
   involuntary done clear
  C)
   Compulsory                              done clear
  D)
   None of these done clear
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• question_answer16)
  Business ethics is ......... concept.
  A)
   Newer                                       done clear
  B)
   older done clear
  C)
   Very older                                 done clear
  D)
   none of these done clear
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• question_answer17)
  In which limit should a business be conducted?
  A)
   Social                                       done clear
  B)
   Economic done clear
  C)
   Legal                                        done clear
  D)
   All of these done clear
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• question_answer18)
  Business ethics is followed by
  A)
   Each country                                         done clear
  B)
   Developing countries done clear
  C)
   Developed country done clear
  D)
   None of the above done clear
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• question_answer19)
  Consumer satisfaction is required because
  A)
   Customer is king done clear
  B)
   Customer provides business done clear
  C)
   Customer helps providing profits done clear
  D)
   All of the above done clear
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• question_answer20)

  Consider the correct statements

  I. Business enterprises have started realising the fact that social interest and business interest and not contradictory.

  II. Business enterprises realised that business interest and social interest are not complementary.

  Which of the statements given above is/are correct?

  A)
   Only I                                      done clear
  B)
   Only II done clear
  C)
   Both I and II                             done clear
  D)
   None of the above done clear
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• question_answer21)

  Consider the following statements.

  I. Social responsibility teaches us what is right and what is wrong for the society.

  II. There are some arguments in favour of and also against of social responsibility.

  Which of the statements given above is/are correct?

  A)
   Only I                                      done clear
  B)
   Only II done clear
  C)
   Both I and II                             done clear
  D)
   None of the done clear
  View Solution play_arrow

• question_answer22)

  Consider the following statements.

  I. Businessman should deliver good quality products.

  II. Now day's consumer is becoming conscious.

  Which of the statements given above is/are correct?

  A)
   Only I                                      done clear
  B)
   Only II done clear
  C)
   Both I and II                             done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer23)

  Consider the following statements.

  I. Social responsibility is the burden on business.

  II. Business Ethics are have role in fulfilling the social responsibility.

  Which of the statements given above is/are correct?

  A)
   Only I                                      done clear
  B)
   Only II done clear
  C)
   Both I and II                             done clear
  D)
   None of the done clear
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• question_answer24)

  Which of the following statement is/are correct?

  I. Social responsibility is the only moral understanding of an entrepreneur.

  II. Social responsibility is required to serve the interest to other sections,

  Select the correct answer using the codes given below

  A)
   Only I                                      done clear
  B)
   Only II done clear
  C)
   Both I and II                             done clear
  D)
   None of these done clear
  View Solution play_arrow

• question_answer25)
  The responsibility which is not codified in any law is termed as      
  A)
   Legal responsibility                    done clear
  B)
   Economic responsibility               done clear
  C)
   Ethical responsibility                    done clear
  D)
   Discritionary responsibility done clear
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• question_answer26)
  Which of the following option is correct regarding environment law
  A)
   Environment Protection Act, 1972 done clear
  B)
   Environment Protection Act, 1986 done clear
  C)
   Environment Protection Act 1996 done clear
  D)
   Environment Protection Act 2002       done clear
  View Solution play_arrow

• question_answer27)
  Who defined the business ethics is the study of business situations     
  A)
   Andrew Crane                       done clear
  B)
   Raymond C Baumhert done clear
  C)
   FW Taylor            done clear
  D)
   Peter Druker done clear
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• question_answer28)
  Environment Protection Act 1986, was introduced during the tenure of
  A)
   Indira Gandhi Government done clear
  B)
   Rajiv Gandhi Government done clear
  C)
   Morarji Desai Government done clear
  D)
   Atal Bihari Vajpayee Government done clear
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• question_answer29)
  Which of the following is sole motive of a business?
  A)
   Social responsibility done clear
  B)
   Expansion of business done clear
  C)
   Profit maximisation done clear
  D)
   Environment protection done clear
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• question_answer30)
  Which of the following social responsibility acts as a safeguarding against capital investment?
  A)
   Economic responsibility done clear
  B)
   Discretionary responsibility done clear
  C)
   Ethical responsibility done clear
  D)
   Legal responsibility done clear
  View Solution play_arrow

• question_answer31)
  A business owned highest elegance to whom?
  A)
   Responsibility toward customer done clear
  B)
   Responsibility toward society done clear
  C)
   Responsibility toward shareholders done clear
  D)
   Responsibility toward government done clear
  View Solution play_arrow

• question_answer32)

  Consider the following statements.

  I. Business ethics give importance to labour power.

  II. Business ethics are essentially centred on labour welfare.

  Which of the statements given above is/are correct?

  A)
   Only I                                      done clear
  B)
   Only II done clear
  C)
   Both I and II                             done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer33)
  Advantage of social responsibility is
  A)
   Long-term benefit of the firm done clear
  B)
   Avoidance of government regulation done clear
  C)
   Converting problems into opportunities done clear
  D)
   All of the above done clear
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• question_answer34)

  Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?

  Assertion (A) Legal obligations are the compulsions which should be followed as per the provisions of law.

  Reason (R) Social responsibility is the voluntary action on the part of business for its society.

  Codes
  A)
                                   Both A and R are true and R is the true explanation of A done clear
  B)
   Both A and R are true, but R is not the correct explanation of A done clear
  C)
   A is true, but R is false done clear
  D)
   A is false, but R is true done clear
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• question_answer35)

  Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?

  Assertion (A) It is necessary to give best services to the society.

  Reason (R) Service the society increases the growth chances of business.

  Codes
  A)
                                   Both A and R are true and R is the true explanation of A done clear
  B)
   Both A and R are true, but R is not the correct explanation of A done clear
  C)
   A is true, but R is false done clear
  D)
   A is false, but R is true done clear
  View Solution play_arrow

• question_answer36)

  Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?

  Assertion (A) Business services because of the hard work of workers.

  Reason (R) The worker must also get fair wages.

  Codes
  A)
                                   Both A and R are true and R is the true explanation of A done clear
  B)
   Both A and R are true, but R is not the correct explanation of A done clear
  C)
   A is true, but R is false done clear
  D)
   A is false, but R is true done clear
  View Solution play_arrow

• question_answer37)

  Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?

  Assertion (A) Social responsibility is a legal responsibility of the business.

  Reason (R) Company Act 2013, provide for the social responsibly of business.

  Codes
  A)
                                   Both A and R are true and R is the true explanation of A done clear
  B)
   Both A and R are true, but R is not the correct explanation of A done clear
  C)
   A is true, but R is false done clear
  D)
   A is false, but R is true done clear
  View Solution play_arrow

• question_answer38)
         

  Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?

  Assertion (A) Social responsibility are restricted towards a particular section of society.

  Reason (R) Social responsibility ensure a fair remuneration for the work.

  Codes
  A)
                                   Both A and R are true and R is the true explanation of A done clear
  B)
   Both A and R are true, but R is not the correct explanation of A done clear
  C)
   A is true, but R is false done clear
  D)
   A is false, but R is true done clear
  View Solution play_arrow

• question_answer39)

  Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?

  Assertion (A) Environment protection is legal responsibility of the business.

  Reason (R) Environment resource is not the sole property of business.

  Codes
  A)
                                   Both A and R are true and R is the true explanation of A done clear
  B)
   Both A and R are true, but R is not the correct explanation of A done clear
  C)
   A is true, but R is false done clear
  D)
   A is false, but R is true done clear
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