Home - Ugc Net Management - Practice Questions - Unit 1 : Managerial Economics and Ethics - Ethics And Corporate Social Responsibility - Ethics Section 1

Unit 1 : Managerial Economics and Ethics - Ethics And Corporate Social Responsibility - Ethics Section 1 Online Exam Quiz

Important questions about Unit 1 : Managerial Economics and Ethics - Ethics And Corporate Social Responsibility - Ethics Section 1. Unit 1 : Managerial Economics and Ethics - Ethics And Corporate Social Responsibility - Ethics Section 1 MCQ questions with answers. Unit 1 : Managerial Economics and Ethics - Ethics And Corporate Social Responsibility - Ethics Section 1 exam questions and answers for students and interviews.

1. Carroll's model of social responsibility includes the social responsibilities categories of _____________, __________, and _____________ plus those at the discretion of the firm.

Options

A : consumerism; discrimination; environment

B : ethical responsibilities; discrimination; legal responsibilities

C : ethical responsibilities; legal responsibilities; economic responsibilities

D : occupational safety; legal responsibilities; economic responsibilities

2. Which of the following is a characteristic of

Options

A : It presumed to the moral obligation

B : It is an old concept

C : It is a universal philosophy

D : All of the above

3. The environmental analysis includes

Options

A : Political conditions

B : Social factors

C : Economic conditions

D : All of the above

4. "We wish to be good citizens of every community in which we operate." This is

Options

A : Ethical Code

B : Political and Social Code

C : Legal Rule

D : Legal Act

5. The elements of the management system in the quality environment of TQM is

Options

A : Method and procedure

B : Process

C : Focus

D : All of the above

46. Effective management of long-term cooperative relationship necessitates that managers recognize the

Options

A : global importance of profit

B : global impact of business competitiveness among large corporations

C : global interdependence of economies and environments

D : need to maximize profits in all economic settings

47. Which statement is true?

Options

A : Social responsibility could find expression in the policy documents of the company wherein a company undertake to discharge certain goals in addition to business goals

B : The business should be expected to take the long term view and perform socially responsible actions that might primarily reduce profits in the short run but are in the ultimate interest of the company in the long run

C : The business should be obliged to internalize most of its external cost

D : All of the above

49. In Carroll's model, a company with a(an) _____________ philosophy will put in the extra effort to fulfill discretionary responsibilities, whereas a company with a(an) _____________ philosophy will not be concerned beyond its legal responsibilities.

Options

A : activist; economic

B : proactive; economic

C : defensive; activist

D : defensive; proactive

50. Kavita is an ethically centered production manager so she will ship a product

Options

A : only after all its problems have been eliminated

B : only if the shipping people use packing material that does not harm the environment

C : only after an ethics committee has approved it

D : as quickly as she can to meet the customer's schedule

51. A firm is said to have good corporate social performance when

Options

A : stockholders invest in socially responsible causes

B : charitable deductions are automatically deducted from pay without the consent of employees

C : the company has not been convicted of ethical violations for five consecutive years

D : stakeholders are satisfied with its level of social responsibility

52. Which principle suggests that a businessman should be guided by the 'service motto' in all his acts and decisions?

Options

A : Principle of Aspirit of Service

B : Principle of Expectations

C : Principle of Human Dignity

D : Principle of Autonomy

53. Corporate planning is an ongoing or continuous process. It is a dynamic exercise that goes on throughout the

Options

A : Corporate life

B : Corporate responsibility

C : Budget

D : Business status

54. Management's social responsibilities include all of the following except

Options

A : economic

B : caretaker

C : legal

D : ethical

55. 'Sugging' is the unacceptable practice of

Options

A : Giving worthless guarantees

B : Selling under the guise of research

C : Bribing organisational buyers

D : Intrusive telesales calls

56. The Indian ethos is for the individual self to become aware, develop and contribute social welfare by linking yourself to the

Options

A : Customs

B : Business

C : Cooperation and planning

D : Society

57. Which is the ethical code as per Kaptein and Klamer?

Options

A : Broad acceptance within the company

B : Integration into a broad company

C : A valid motivation for its introduction

D : All of the above

58. Which statement is true?

Options

A : Walton writes that business ethics is related with truth and justice

B : A businessman who follows unethical conduct in business should be socially boycotted by the people

C : Government in the country has enacted various laws, rule and regulations under the provisions of which the business is bound to act honestly

D : All of the above

59. Which is the basic principle of ethos for management?

Options

A : Co-operation is a powerful instrument for teamwork and success in any enterprise involving collective work

B : Co-operation is a powerful instrument for teamwork and success in any enterprise involving collective work

C : Co-operation is a powerful instrument for teamwork and success in any enterprise involving collective work

D : All of the above

60. The concept of international social responsibility is the expectation that MNCs concern themselves about ______________ effects of their decisions regarding activities in other countries.

Options

A : philosophical

B : competitive

C : environmental

D : social and economic

62. Global corporate culture involves an integration of _____________ in which firms currently operate.

Options

A : business environments

B : ecological environments

C : profit environments

D : technical environments

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