Chapter 6 business studies

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Explore business ethics & social responsibility.

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Chapter 6 business studies


Froggy Jumps Chapter 6 business studiesVersión en línea Explore business ethics & social responsibility. por KARTIK KUMAR 1 1. Which of the following is NOT a responsibility of business? a Economic b Personal c Legal 2 2. The primary objective of a business is: a Maximising profits b Social welfare c Market expansion 3 3. Which responsibility refers to following laws and regulations? a Ethical b Economic c Legal 4 4. The concept of Corporate Social Responsibility (CSR) is: a Mandatory for all companies b Mandatory for certain companies c Voluntary for all companies 5 5. Which of these is an example of ethical responsibility? a Donating to charity b Reducing product prices c Fair treatment of employees 6 6. The environmental responsibility of business focuses on: a Conserving resources b Lowering costs c Increasing sales 7 7. Which is NOT an argument for social responsibility? a Avoidance of government regulation b Better public image c Long-term interest of the business 8 8. Business ethics means: a Following laws strictly b The moral principles guiding business decisions c Maximising profits ethically 9 9. A company’s donation to an NGO is an example of: a Legal responsibility b Ethical responsibility c Discretionary responsibility 10 10. The stakeholder approach to CSR means: a Focusing only on shareholders b Ignoring customer needs c Serving interests of all affected parties 11 11. Which of the following is an argument against social responsibility? a Public image improvement b Burden on consumers c Long-term profitability 12 12. The term 'triple bottom line' in CSR refers to: a Profit, people, and planet b Profits, products, and promotion c People, process, and power 13 13. Which is an example of a legal responsibility? a Planting trees in industrial areas b Paying minimum wages c Offering scholarships to poor students 14 14. What is the first and foremost responsibility of a business? a Legal responsibility b Economic responsibility c Ethical responsibility 15 15. Which ethical principle focuses on fairness and justice? a Justice principle b Utilitarian principle c Rights principle 16 16. A company uses misleading labels to sell its product. Which business ethics value is being violated? a Responsibility b Honesty c Loyalty 17 17. What is the main objective of environmental ethics in business? a Reduce prices of goods b Increase production c Preserve natural resources 18 18. Which of these is a voluntary responsibility of business? a Philanthropy b Employment generation c Payment of taxes 19 19. Which Indian law makes CSR spending mandatory for certain companies? a Companies Act, 2013 b Companies Act, 1956 c Environment Protection Act, 1986 20 20. Which form of responsibility focuses on producing goods and services that society wants? a Legal responsibility b Ethical responsibility c Economic responsibility

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Chapter 6 business studies

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Chapter 6 business studiesVersión en línea

por KARTIK KUMAR

1. Which of the following is NOT a responsibility of business?

2. The primary objective of a business is:

3. Which responsibility refers to following laws and regulations?

4. The concept of Corporate Social Responsibility (CSR) is:

5. Which of these is an example of ethical responsibility?

6. The environmental responsibility of business focuses on:

7. Which is NOT an argument for social responsibility?

8. Business ethics means:

9. A company’s donation to an NGO is an example of:

10. The stakeholder approach to CSR means:

11. Which of the following is an argument against social responsibility?

12. The term 'triple bottom line' in CSR refers to:

13. Which is an example of a legal responsibility?

14. What is the first and foremost responsibility of a business?

15. Which ethical principle focuses on fairness and justice?

16. A company uses misleading labels to sell its product. Which business ethics value is being violated?

17. What is the main objective of environmental ethics in business?

18. Which of these is a voluntary responsibility of business?

19. Which Indian law makes CSR spending mandatory for certain companies?

20. Which form of responsibility focuses on producing goods and services that society wants?