The stakeholder view of social responsibility states that organizations must respond to the needs of
A. employees and customers
B. shareholders and owners
C. all interested parties
D. all those who might sue the organization
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According to concept of moral laxity, workers will often behave unethically because
A. they have planned to be unethical
B. they come from dysfunctional families
C. other issues seem more important at the time
D. management pressures them into unethical behaviour
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Corporate governance mechanism should ensure that corporate executive make strategic decisions that serve the entire group of
A. environmentalists
B. government official
C. suppliers
D. shareholders
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"Social responsibility is the personal obligations of everyone as he acts in his own interest to assure that the right and legitimate interests of all other are not impinged". Who said it?
A. Parkinson
B. John Honarday
C. Koontz and O' Donnell
D. D. J. Campbell
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Corporate contributions for charitable and social responsibility purposes is called
A. corporate philanthropy
B. corporate charities
C. corporate donations
D. corporate discretionaries
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Philanthropic activity can be seen as developing since
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Teleology in ethics supports which one of the following the most?
A. It is duty based ethics and measures whether an action is right or wrong
B. It measures whether the results of the actions are right or wrong
C. It focuses on purpose of each action and judges the consequences of an action
D. It focuses on neutrality and fidelity of an action
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Which of the following is not a norm of corporate governance?
A. Audit committee
B. Woman independent director
C. Disclosure norms of earning per share
D. Clause 49
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A political party always endeavors to promote national interests as distinguished from selfish
A. interests
B. secular interest
C. communal interests
D. all of these
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Ethical codes are products of
A. norms and beliefs of organisation
B. regulations
C. cultural values
D. all of the above
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Which is the section of Corporate Social Responsibility?
A. Creditors
B. Suppliers
C. Professional institutions
D. All of the above
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Which of the following is not a principle of CSR?
A. Protecting environment
B. Avoiding price discrimination
C. Promotional activities
D. Adopting the labour policies
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The three basic principles of business ethics are shown by which one of the following?
A. Utilitarianism, social commitment and reputation
B. Utilitarianism, societal reputation and justice
C. Utilitarianism, principle of right and principle of justice
D. Principle of right, principle of justice and social commitment
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Match the following
List-I
List-II
a. Organisational system
1. Advertising
b. Marketing
2. Language
c. Organisational culture
3. Selection
d. Personal ethics
4. Moral development
A. a-1, b-2, c-3, d-4
B. a-3, b-4, c-2, d-1
C. a-3, b-1, c-2, d-4
D. a-1, b-4, c-3, d-2
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The idea of 'Fair Trade' can be best described as
A. working up a relationship with suppliers over time
B. companies operating fair, non exploitative, practices with their suppliers
C. companies operating fair, non exploitative, practices with their customers
D. giving the consumer a 'good deal'
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The scope of social responsibility is not limited towards consumers, employer, customer, financers, suppliers of goods, but it is aimed at
A. generating corporate value
B. creating good will of firm
C. human welfare
D. asset creation through welfare
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Which administrative measures can prove conducive to the process of morale building?
A. Sound wage structure
B. Security of job
C. Grievance procedure
D. All of these
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Which is an example of ethical code?
A. Providing best services
B. Charging right prices
C. Promoting right information
D. All of the above
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Match the following.
List-I (Ethical Issues)
List-II (Features)
a. Local community
1. Protecting environment
b. Competitive Institution
2. Product differentiation
c. Government
3. Excise duties
d. Creditors
4. Loan facilities
A. a-1, b-4, c-2, d-3
B. a-1, b-2, c-4, d-3
C. a-1, b-2, c-3, d-4
D. a-1, b-3, c-4, d-2
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Which of the following statement(s) is/are true?
A. Human harmony is main objective of any enterprise
B. Value relate to the internal domain of business, i.e. interactions with employees, customers, suppliers, creditors, public etc
C. Values should be an integral part of corporate mission
D. Both B and C
Select an option to see the answer and solution.