Match the following.
List-I (Items of Reasoning) List-II (Features)
a. Employee counselling
1. Advice
b. Suggestion schemes
2. Performance based incentives
c. Recognition
3. Awards
d. Joint consultation
4. Decision-making
A. a-1, b-3, c-2, d-4
B. a-1, b-4, c-3, d-2
C. a-1, b-2, c-3, d-4
D. a-1, b-4, c-2, d-3
Select an option to see the answer and solution.
Which of the following is/are the component(s) of ethics by field of interest?
A. Descriptive ethics
B. Normative ethics
C. Meta ethics
D. All of these
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Statement I According to Plato, a capitalist system is unjust because of many reasons including distributive injustice.Statement II Capitalism leads to the alienation of workers.
A. Statement I is correct, but Statement II is incorrect
B. Statement II is correct, but Statement I is incorrect
C. Both statements are incorrect
D. Both statements are correct
Select an option to see the answer and solution.
Match the following
List-I (Items) List-II (Features)
a. Corporate social responsibility
1. Less price product
b. Business ethics
2. To follow the rule of systems
c. Strength
3. Mission
d. Marketing
4. Advertisement
A. a-1, b-2, c-3, d-4
B. a-5, b-3, c-2, d-4
C. a-3, b-1, c-2, d-4
D. a-5, b-1, c-2, d-4
Select an option to see the answer and solution.
Ethical code is
A. We push the customer from the shop
B. Do and Die
C. Our first responsibility is to our customers
D. Let's go money
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Themes which emphasise the existence of universal principles to be followed because of their intrinsic 'rightness' are called
A. ethical learning and growth
B. virtue ethics
C. teleological ethics
D. deontological ethics
Select an option to see the answer and solution.
Which of the following powers of Directors cannot be exercised without the consent of shareholders in General Meeting?
A. Power to borrow money exceeding the aggregate of the paid-up capital of the company and its free reserves
B. Power to make calls on shareholders
C. Power to make loans
D. Power to buy back its shares
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Which statement(s) is/are true in today's era?
A. Human welfare is sacrificed
B. Consumers are by passed
C. The environment has pollution
D. All of the above
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Which statement is true?
A. When making decisions it is impossible to appeal to neutral principles to determine the rationality of competing systems
B. Long range decision-making requires a process different from that for making routine decisions
C. Decision-making lies deeply embedded in the management process and is the only vehicle for carrying managerial workload
D. All of the above
Select an option to see the answer and solution.
Which is the basic principle of ethos for management?
A. Co-operation is powerful instrument for team work and success in any enterprise involving collective work
B. Holistic approach indicating unity between the Divine, Individual Self and the Universe
C. Immense potential energy and talents for perfection as human being has the spirit within his heart
D. All of the above
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Which factors causes ethical behaviour, in business?
A. Public disclosure
B. Pressure from top executives
C. Inspiration from leaders
D. All of the above
Select an option to see the answer and solution.
Match the following.
List-I (Responsibilities of Different Sections of Society Towards Business) List-II (Features)
a. Responsibility of owners
1. Correct vision and mission
b. Responsibility of investors
2. Cooperation to the business
c. Responsibility of employees
3. Effectiveness at work
d. Responsibility of professional Institutions
4. Right education and guidance
A. a-1, b-3, c-2, d-4
B. a-1, b-2, c-3, d-4
C. a-3, b-1, c-2, d-4
D. a-2, b-3, c-1, d-4
Select an option to see the answer and solution.
Karma yoga is a good pathway for
A. self-purification
B. self-development
C. collective growth
D. all of these
Select an option to see the answer and solution.
Managers today are usually quite sensitive to issues of social responsibility and ethical behaviour because of . . . . . . . .
A. interest groups
B. legal and governmental concerns
C. media coverage
D. all of the above
Select an option to see the answer and solution.
Match the items of List-I with those of List-II and choose the correct combination.
List-I List-II
a. Ethical model
1. Corporate responsibilities limited to private owners
b. Statist model
2. Voluntary commitment by companies to public welfare
c. Liberal model
3. State ownership and legal requirements determine corporate responsibilities
d. Stakeholder model
4. Companies respond to the need of the customers, communities etc
A. a-2, b-3, c-1, d-4
B. a-3, b-4, c-2, d-1
C. a-4, b-3, c-2, d-1
D. a-1, b-2, c-3, d-4
Select an option to see the answer and solution.
Match the following
List-I (Important ethical principles) List-II (Example)
a. Do not deceive or cheat the customers by selling substandard or defective products by under measurement or any other means.
1. Publishing false information about competitors, bribing the retailers etc.
b. Do not report to hoarding, black marketing or profiteering.
2. Textile merchants in general clear the defective stock under the guise of discounts.
c. Treasure sincerity and accuracy in advertising, labelling and packaging.
3. Management of theatres sell the tickets for higher prices during the initial days of release of a film started by a crazy hero and heroine.
d. Do not furnish the image of competitors by unfair practices.
4. Ads of automobiles in general provide false details in every aspect.
A. a-2, b-3, c-4, d-1
B. a-1, b-2, c-3, d-4
C. a-4, b-3, c-2, d-1
D. a-2, b-4, c-3, d-1
Select an option to see the answer and solution.
Which is the code of Medical Council of India?
A. General principles
B. Doctor to doctor relationship
C. Duties towards patients
D. All of the above
Select an option to see the answer and solution.
Corporate social responsibility that extends beyond legal mandates can help meet societal expectations in the absence of
A. Statutory devices
B. Social tool
C. Cost tool and Techniques
D. Science tool
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Which statement is true?
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. 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. Business should be obliged to internalise most of its external cost
D. All of the above
Select an option to see the answer and solution.
A new approach 'Learning Model' which is helpful to strengthen the decision-making process was developed by
A. Arthur Rich
B. Bob Garratt
C. Christian Wolff
D. Lord Keynes
Select an option to see the answer and solution.
