CBSE Questions for Class 11 Commerce Business Studies Social Responsibilities Of Business And Business Ethics Quiz 3 - MCQExams.com

Ethics has been received from Greek word _________.
  • ethos
  • ethes
  • Eeths
  • Eethose
In setting ethical standards, perhaps the most effective step that a company can take is to _________.
  • adopt a code of ethics
  • demonstrate top management support of ethical standards
  • engage employees in ethics training
  • take an accommodative stance
Which statement is false?
  • Fewer and fewer companies are adopting codes of ethics.
  • More and more companies are adopting codes of ethics.
  • Some ethical responses can be learned through experience.
  • Social responsibility involves providing quality products and pricing products fairly.
Select the issue that your text book identifies as a category of ethical issues to study.
  • Development of relations with employees
  • Fairness and honesty
  • Business relationships
  • All of the above
____________ are beliefs about what is right and wrong or good or bad.
  • Mores
  • Motivators
  • Cultures
  • Ethics
Behaviour that conforms to individual beliefs and social norms about what is right and good is referred as _________.
  • collusion
  • social reaction
  • ethical
  • none of the above
Ethics has become important because of _________.
  • Globalization
  • Communication explosion
  • Both (a) & (b)
  • None of the above
Ethics is a study of ________.
  • the kind of action a person should do
  • rules that define the course of actions
  • discussion of the right and wrong codes of conduct
  • all of the above
Business ethics came into use in early _________.
  • $$1980s$$
  • $$1970s$$
  • $$1965s$$
  • $$1975s$$
If the owner of a sports shoes store gives the manager of another athletic shoe manufacturing Company a new personal computer to get some work done from him which can help him in his business in competition with the athletic shoe manufacturing company, the shoe store owner is using which approach?
  • Tipping
  • Bribery
  • Marketing
  • Sowing excessive concern about the manager
A behavior that does not conform to accepted beliefs and social norms is defined as ________.
  • ethical
  • unethical behaviour
  • irresponsibility
  • business ethics
The skills that are required for an ethical coach are ________.
  • analytical skill
  • confidentiality skill
  • humanitarian skill
  • all of the above
Invariably businesses have unethical practice because of ___________.
  • the stringent and rigid government policies
  • fear of taxation
  • greed
  • none of the above
Having good ethical relations with customers will help company _________.
  • by developing a strong competitive position
  • by providing strong willingness amongst employees
  • both (a) and (b)
  • none of the above
Business ethics helps the organization in ________.
  • retaining people
  • getting people
  • attracting the best talent
  • all of the above
Business ethics is __________ in nature.
  • absolute
  • not absolute
  • permanent
  • none of the above
A running company was selling defective machines by claiming them to be new, such kind of practice is unethical at __________.
  • institution level
  • government level
  • society level
  • none of the above
Employer should behave ethically while dealing with employees, suppliers, customers etc. In this sense, what view does Business ethics concept represent?
  • Narrow
  • Limited
  • Conservative
  • Universal
____________ is one of the principles in business ethics.
  • Loyalty
  • Security
  • Integrity
  • Both (a) & (c)
The end of cold war brought a concept of __________ before media and business firms.
  • business communication
  • business ethics
  • business strategy
  • none of the above
If something is to be improved they have to be improved at _________.
  • Organization level
  • Government level
  • Society level
  • Individual level
Which one of the following is correct about business ethics?
  • Business ethics has absolute norms
  • Business ethics is enforced by law
  • Following business ethics practices is mandatory for all organisations
  • Business ethics has a universal application.
Which of the following Acts made code of ethics mandatory for companies listed on the stock exchange?
  • Companies Act, $$2006$$
  • Sarbanes- Oxley Act, $$2002$$
  • Limited Liability Partnership Act, '$$2008$$
  • None of the above
Ethics is considered as ____________.
  • normative science
  • exact science
  • natural science
  • none of the above
Which one of the following means ethical dilemma?
  • A situation requiring a choice between ethical and unethical behaviour
  • A situation of ethical behaviour
  • A situation of unethical behaviour
  • A written statement of policies and principles that guides the behavior of all employees.
Business ethics and financial performance are linked together and hence are advantageous to _________.
  • Company
  • Investors' loyalty
  • Employees
  • All of the above
A written document of policies and principles that guides the behavior of all employees is known as __________.
  • ethical dilemma
  • code of ethics
  • financial delegation document
  • none of the above
Which one of the following is the quality of an ethics coach?
  • He should have strong knowledge of ethical practices
  • He should have strong analytical skills
  • He should have knowledge of decision making tools
  • All of the above.
Which one of the following statements about business ethics is false?
  • Business ethics goes beyond legal issues.
  • Ethical conflicts lead to ethical dilemma.
  • Ethical conduct builds trust among individuals and in business relationships.
  • Application of business ethics is limited to the profitable organisations.
'Compliance' refers to obeying and adhering to _________.
  • rules and authority
  • policies and discipline
  • laws
  • none of the above
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