Values and Ethics in Management

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

Which is the section of Corporate Social Responsibility?

A) Creditors B) Suppliers C) Professional institutions D) All of the above

Discuss

Answer & Solution

Answer: Option D

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

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

Discuss

Answer & Solution

Answer: Option C

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

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

Discuss

Answer & Solution

Answer: Option C

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

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

Discuss

Answer & Solution

Answer: Option C

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

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'

Discuss

Answer & Solution

Answer: Option B

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

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

Discuss

Answer & Solution

Answer: Option C

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

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

Discuss

Answer & Solution

Answer: Option D

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

Which is an example of ethical code?

A) Providing best services B) Charging right prices C) Promoting right information D) All of the above

Discuss

Answer & Solution

Answer: Option D

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

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

Discuss

Answer & Solution

Answer: Option C

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

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

Discuss

Answer & Solution

Answer: Option D

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

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