Business Studies MCQ Class 11 Chapter 6 | Social Responsibilities of Business and Business Ethics | Business Studies Quiz for Class 11 and Other Competitive Exams
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Business Studies MCQ Class 11 Chapter 6
1. If business is to operate in a society which is full of diverse and complicated problems, it may have (a) Little chance of success
(a) Little chance of success
(b) Great chance of success
(c) Little chance of failure
(d) No relation with success or failure
2. Which of the following is capable of doing maximum good to society? (c) Ethics
(a) Business success
(b) Laws and regulations
(c) Ethics
(d) Professional management
3. The elements of the management system in a quality environment of TQM are _____. (d) All of the above
(a) Method and procedure
(b) Process
(c) Focus
(d) All of the above
4. Which statement is/are ‘True’? (d) All of the above
(a) Skills are not enduring due to fatigue
(b) The final proof of sincerity and seriousness is the uncompromising emphasis on the integrity of character in a job
(c) The mental contents of the good person are called moral and ethical values
(d) All of the above
5. Carbon monoxide emitted by automobiles directly contributes to (d) Air pollution
(a) Water pollution
(b) Noise pollution
(c) Land pollution
(d) Air pollution
6. Which one of the following is not principle business ethics? (d) Principle of dissatisfaction
(a) Principle of universality
(b) Principle of humanity
(c) Principle of autonomy
(d) Principle of dissatisfaction
7. According to the concept of moral intensity, a worker is most likely to behave ethically and legally when______. (d) The consequences of the act are substantial
(a) A manager observes his or her behaviour closely
(b) The worker has intense morals
(c) The consequences of the act are minor
(d) The consequences of the act are substantial
8. Which of the following alone can ensure effective ethics programme in a business enterprise? (b) Involvement of employees
(a) Publication of a code
(b) Involvement of employees
(c) Establishment of compliance mechanisms
(d) None of them
9. Which of the following does not contribute to the development of a manager’s standard of ethics? (a) competitor behaviours
(a) competitor behaviours
(b) society’s norms and values
(c) individual life experiences
(d) environmental situations
10. Milton Friedman stated his belief that ‘there is only one social responsibility for a company to use its resources to _____. (d) Increase profits so long as it stays within the rules of the game
(a) Give as much to charitable causes as possible
(b) Ensure employment
(c) Provide good facilities for workers
(d) Increase profits so long as it stays within the rules of the game
11. That an enterprise must behave as a good citizen is an example of its responsibility towards (d) Community
(a) Owners
(b) Workers
(c) Consumers
(d) Community
12. If you believe in making decisions for the good of most people, you can be described as following which school of thought? (a) utilitarianism
(a) utilitarianism
(b) teleology
(c) deontology
(d) egoism
13. The hand-of-government refers to the (d) impact of changing government regulations
(a) ability of the government to interfere in business negotiations
(b) role of corporations to be profitable within the law
(c) effect of national politics on business decisions
(d) impact of changing government regulations
14. “Ethics deals with the right actions of individuals.” Who said? (a) Peter F. Drucker
(a) Peter F. Drucker
(b) C. S. Rao
(c) J. R. Betty
(d) C. Zahe
15. The national Society of Professional Engineers had a code, which requires professionals to _____. (d) All of the above
(a) Dissociate themselves from organisations that are of a questionable character
(b) Further the cause of public good
(c) Advise clarity, the consequences, if a technical opinion is overruled by a non-technical person
(d) All of the above