51
Which factors causes ethical behaviour, in business?
Answer & Solution
Answer: Option
D
52
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 |
Answer & Solution
Answer: Option
B
53
Karma yoga is a good pathway for
Answer & Solution
Answer: Option
D
54
Managers today are usually quite sensitive to issues of social responsibility and ethical behaviour because of . . . . . . . .
Answer & Solution
Answer: Option
D
55
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 |
Answer & Solution
Answer: Option
A
56
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. |
Answer & Solution
Answer: Option
A
57
Which is the code of Medical Council of India?
Answer & Solution
Answer: Option
D
58
Corporate social responsibility that extends beyond legal mandates can help meet societal expectations in the absence of
Answer & Solution
Answer: Option
A
59
Which statement is true?
Answer & Solution
Answer: Option
D
60
A new approach 'Learning Model' which is helpful to strengthen the decision-making process was developed by
Answer & Solution
Answer: Option
B
