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In this quiz, you will find questions related to the social responsibilities of a business and their business ethics, types of social responsibilities and ethical responsibilities, etc.
The word ‘Ethics’ has its origin in the ______
Which of the following is capable of doing maximum good to society?
“Ethics deals with the right actions of individuals.” Who said?
Which of the following is not the social responsibility of business towards the investors?
Which of the following is not the social responsibility of business towards the consumers?
It is the obligation of the business to take those decisions and to perform those actions which are expected in respect of the values and norms of the society. Identify the concept.
It is a primary social responsibility to produce goods and services that society wants and sell them at reasonable profit. Identify the category of social responsibility referred here.
Social responsibility is__________
Broader than legal responsibility
Same as a legal responsibility
Narrower than legal responsibility
None of these
ADRs are issued in___________
USA
China
India
Canada
Funds required for purchasing current assets are known as?
Working capital
Fixed capital
Lease financing
Retained earnings
It includes the behavior of the firm expected by the society but not codified by law. Identify the category of social responsibility referred to here.
Economic Responsibility
Ethical Responsibility
Legal Responsibility
All of these
Ethics is important for?
Non-managerial employees
Middle-level managers
Top management
All of these
Business people have the skill to involve_____________
Some social problems
All economic problems
No social problems
All social problems
That an enterprise must behave as a good citizen is an example of its responsibility towards___________
Owners
Workers
Consumers
Community
If business is to operate in a society which is full of diverse and complicated problems, it may have________
Little chance of success
Great chance of success
Little chance of failure
No relation with success or failure
Which of the following are the categories of Social Responsibility?
All of these
Ethical Responsibility
Economic Responsibility
Legal Responsibility
A business enterprise has the responsibility to provide a fair return to the ______
Shareholders
Customers
State Government
None of these
Why business ethics are important?
It formulates the firm’s image and builds the brand
It influences the buying decision of the customers
Build confidence within employees
All of these
