The 'Polluters must pay' principle is commonly accepted practice that those who produce pollution should bear the cost of managing it to prevent damage to human health or the environment. This principle was adopted in
A. 1996 Manila Declaration
B. 2002 Kyoto Declaration
C. 1992 Rio Declaration
D. 2007 Paris Declaration
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Which of the following statements about ethical standards are TRUE?
A. The upper limits of ethical standards are set by individual standards
B. The laws of economically developed countries generally define the lowest common denominator of acceptable behaviour
C. The actual degree of enforcement of the law in an underdeveloped country would determine the lower limit of permissible behaviour
D. all of the above
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Which one of the following of 'Immanuel Kant's' principle, known as categorical imperatives, is a guide to managerial action?
A. The managers should be open to 'share his/her corporate secrets, individual traits with external agencies
B. The managers be free and open to sharehis individual knowledge and experience for community's gain
C. Aperson's action is ethical only if that person is willing for that same action to be taken by everyone who is in a similar situation
D. A person always treats another human being simply as a means to an end
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The development of organisational decision processes where managers anticipate, respond to, and manage areas of social responsibility is
A. organisational social responsibility
B. organisational social obligations
C. organisational social responsiveness
D. organisational social welfare
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The ethical dilemma of choosing between two rights refers to
A. choosing between the lesser of two evils
B. deciding which of two employee rights is the most important
C. deciding to offer a bribe or lose out on an important opportunity
D. choosing between the two types of sexual harassment
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Assertion (A) Ethical relativism means that there are universal standards of human behaviour.
Reason (R) Ethical behaviour is primarily personal behaviour conforming to standards of morality.
A. (A) is correct and (R) is the correct explanation of (A)
B. (A) is incorrect and (R) is the correct statement in isolation
C. (A) and (R) both are incorrect
D. (A) is correct, but (R) is not the correctexplanation of (A)
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Which statement is true?
A. The manager of the future will have to ensure effective management of change
B. Team work does not happen by command at a moment's notice
C. The total quality management mind set is the aim of the Human Resource Development intervention
D. Ecology or Goddess nature demands harmony and balance between global economic development and natural resources and social environment
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Fundamental legal obligationsin taking corporate business decisions are formulated on the basis of
A. judicial principles
B. moral principles
C. ethical principles
D. legislative principles
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Which is the approach of morale?
A. Classical approach
B. Psychological approach
C. Social approach
D. All of these
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Business ethics is
A. based on the reality and social customs prevailing in business environment
B. not affected by the social approval or disapproval
C. base for long-term growth of business
D. all of the above
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Which one of the following questions is not asked in six-question ethics test?
A. How does it smell?
B. Who gets hurt?
C. What can we possibly get away with?
D. Would you tell your child (or young relative) to do it?
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Match the following
List-I (Responsibilities of different sections of Society Towards Business)
List-II (Features)
a. Responsibility of owners
1. Controlling power
b. Responsibility of investors
2. Cooperation to the business
c. Responsibility of employees
3. Perform the duties
d. Responsibility of professional institutions
4. Provide education
A. a-1, b-3, c-2, d-4
B. a-4, b-3, c-2, d-1
C. a-1, b-2, c-3, d-4
D. a-1, b-4, c-3, d-2
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"Social responsibility is to pursue those policies and decisions or to follow lines of actions which are desirable in terms of the objective and value of our society." Who said?
A. H. R. Bowen
B. Peter F. Drucker
C. George A. Steiner
D. All of the above
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Which statement is true?
A. Skills are not enduring due to fatigue
B. The final proof of sincerity and seriousness is uncompromising emphasis on
integrity of character in a job
C. The mental contents of the good person are called moral and ethical values
D. All of the above
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The upper limits of ethical standards for international companies are set by . . . . . . . .
A. certain leading companies
B. underdeveloped countries
C. common law
D. codified law
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The hand-of-government refers to the
A. ability of the government to interfere in business negotiations
B. role of corporations to be profitable within the law
C. effect of national politics on business decisions
D. impact of changing government regulations
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What can be the ethos for management?
A. Cooperation and teamwork
B. Holistic approach
C. Talent and potential for achievement
D. All of the above
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Under ethnocentrism, a company would apply the morality used in . . . . . . . .
A. the host nation
B. the majority of other companies in the same industry
C. the professional codes of accountants, lawyers, and other professional groups
D. its own home country
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Patterns of social responsiveness includes
A. adaptive strategy
B. interactive strategy
C. proactive strategy
D. all of these
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Assertion (A) Decisions in small matters largely tend to set a pattern for the more important ones you may make as managers.
Reason (R) A multi industry survey conducted in the USA indicated that 40% of the managers said that their superiors had at sometime told them to do certain things unethical.
A. (A) and (R) both are correct and (R) is the correct explanation of (A)
B. (A) is correct, but (R) is incorrect
C. (A) is incorrect, but (R) is correct
D. (A) and (R) both are correct, but (R) is not the correct explanation of (A)
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