GkSeries.com

Business Ethics MCQs | Business Ethics Short Questions and Answers

41 For referent power to be effective, what must exist between individuals in the relationship?
[A] Antipathy
[B] Rivalry
[C] History
[D] Empathy
Answer: Empathy
42 To be successful, business ethics training programs need to:
[A] focus on personal opinions of employees
[B] be limited to upper executives
[C] educate employees on formal ethical frameworks and models of ethical decision making
[D] promote the use of emotions in making tough ethical decisions
Answer: educate employees on formal ethical frameworks and models of ethical decision making

DOWNLOAD CURRENT AFFAIRS PDF FROM APP

43 A high-commitment approach to environmental issues may include all of the following except:
[A] Risk Analysis
[B] Stakeholder Analysis
[C] Green-Washing
[D] Strategic Sustainability Auditing
Answer: Green-Washing
44 Stakeholders are considered more important to an organization when:
[A] they can make use of their power on the organization
[B] they do not emphasize the urgency of their issues
[C] their issues are not legitimate
[D] they can express themselves articulately
Answer: they can make use of their power on the organization
45 The ________ dimension of social responsibility refers to a business's societal contribution of time, money, and other resources.
[A] Ethical
[B] Philanthropic
[C] Volunteerism
[D] Strategic
Answer: Philanthropic
46 The four types of social responsibility include:
[A] Legal, Philanthropic, Economic, And Ethical
[B] Ethical, Moral, Social, And Economic
[C] Philanthropic, Justice, Economic, And Ethical
[D] Legal, Moral, Ethical, And Economic
Answer: Legal, Philanthropic, Economic, And Ethical
47 Which of the following is an example of an area where business ethics apply?
[A] Conduct of international operations
[B] Nowhere
[C] In the personal life of staff
[D] None of the above
Answer: Conduct of international operations
48 Who are organisational stakeholders?
[A] Government
[B] Employees
[C] Customers
[D] All of the above
Answer: All of the above
49 What is green washing?
[A] Transforming products to be more ethical
[B] Making a product appear more ethical that it really is
[C] Converting the company to green production methods
[D] Convincing customers to buy ethically
Answer: Making a product appear more ethical that it really is
50 What is triple bottom line?
[A] An accounting tool that looks at the impact on people, planet and profits
[B] A management strategy which states all the attention should be on profits
[C] An accounting tool that looks at cost, profit and loss
[D] A management strategy which focuses on corporate social responsibility
Answer: An accounting tool that looks at the impact on people, planet and profits
51 Why do alternative organizations run differently from conventional shareholder led approach?
[A] They do not have shareholders
[B] They are run in non-hierarchical ways which aim to provide a positive impact on society rather than to make profit
[C] They priorities corporate social responsibility
[D] They aim to give money to charities and good causes
Answer: They are run in non-hierarchical ways which aim to provide a positive impact on society rather than to make profit
52 What does and Ethical Foundation for an organisation embody?
[A] The structure, operational and conduct of the activities of the organization
[B] The basic principles which govern the external and internal relations of the organization
[C] Neither of the above
[D] All of these
Answer: The basic principles which govern the external and internal relations of the organization
53 A ________ _________ sets out the purpose and general direction for the organisation?
[A] Mission statement
[B] Purpose statement
[C] Vision
[D] Profit statement
Answer: Mission statement
54 What is the purpose of a balanced scorecard?
[A] To measure contribution of people to business growth
[B] To combine a range of qualitative and quantitative indicators of performance
[C] To relate business performance to customer satisfaction
[D] All of the above
Answer: To combine a range of qualitative and quantitative indicators of performance
55 What, according to Adam Smith, is the best way to promote collective interest?
[A] Through government making decisions about what is in the public interest
[B] Through everyone working together to support each other
[C] Through everyone working on their own self-interest
[D] Through individuals forgoing their personal interest for the good of the collective
Answer: Through everyone working on their own self-interest

Please share this page

Click Here to Read more questions

Teacher Eligibility Test