Values and Ethics in Management

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Each section contains 100 MCQs on Values and Ethics in Management .

FTSE4GOOD is

A) The UK index of socially responsible investments B) a charter for social responsibility C) a method for identifying a bad practice D) a tool for auditing corporate practice

Discuss

Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

Business ethics is dynamic

A) Philosophy B) Rules and regulation C) Concept D) Principle

Discuss

Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

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

A) Principle of Aspirit of Service B) Principle of Expectations C) Principle of Human Dignity D) Principle of Autonomy

Discuss

Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

Match the following

List-I (Items of Morale Reasoning)	List-II (Features)
a. Employee counselling	1. Worker
b. Suggestion schemes	2. Boss/superiors
c. Recognition	3. Rewarded
d. Joint consultation	4. Agreed

A) a-1, b-4, c-3, d-2 B) a-1, b-2, c-3, d-4 C) a-3, b-1, c-4, d-2 D) a-1, b-3, c-2, d-4

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Answer & Solution

Answer: Option D

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Which statement is/are true?

A) Ethics is not synonymous to religious morality or moral theology B) Ethics is the principle that guide the human behaviour C) The terms 'ethics' and 'morality' are not synonymous terms D) All of the above

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Answer & Solution

Answer: Option D

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Under which of the following conditions of Section 135, a company is liable to spend 2% on CSR activities?

A) Net profit of the company to be Rs. 500 crore or more B) Net worth of the company to be Rs. 500 crore or more C) Profit of the company to be Rs. 100 crore D) Profit of the company to be Rs. 1,000 crore

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Answer & Solution

Answer: Option B

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. . . . . . . . refers to the right or wrong behaviour in business decision.

A) Social responsibility B) Business skills C) Business ethics D) Business entrepreneurship

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Answer & Solution

Answer: Option C

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Which is the feature of Indian ethos for management approach?

A) Cost benefit B) Setting examples C) Empowering D) All of these

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Answer & Solution

Answer: Option D

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Which one among the following is not a true statement?

A) Accountability and transparency is not visible in less developed countries B) A disciplined and controlled corporate governance can considerably reduce financial turmoil C) A good corporate citizenship is a sort of national pride D) A good corporate governance can considerably reduce corporate frauds

Discuss

Answer & Solution

Answer: Option A

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Unethical behaviour is often triggered by

A) pressure from higher management to achieve goals B) an organizational atmosphere that condones such behaviour C) both A and B D) a system of checks and balances

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

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