Question 61 : According to Milton Friedman, he sole responsibility of business will
- The only social responsibility of business is to its shareholders
- Managers should act in ways that balance the interest of society and shareholders
- The primary responsibility organizations have is to its employees
- The primary responsibility organizations have*is to its *stakeholders
Question 62 : A form of utilitarianism that limits utilitarian analysis to evaluations of moral rules are
- Justice
- Rights
- Rule-utilitarianism
- Utilitarianism
Question 63 : An individual’s entitlement to something is
- Right
- Legal right
- Moral rights or human rights
- Characteristic of Rights
Question 64 : Which collaboration of Confederation of Indian Industry (CII) and the TVS Group provides consultancy services and technical assistance on social development and CSR
- Centre of Excellence for Responsible Corporate Citizenship
- Centre of Excellence for Responsible Corporate
- Centre of Excellence for Responsive Corporate Citizenship
- Centre of Excellence for Responsive Company Citizenship
Question 65 : To be successful, business ethics training program need to:
- Focus on personal opinions of employees
- Be limited to upper executives
- Educate employees on formal ethical frameworks and models of ethical decision making
- Promote the use of emotions in making tough ethical decisions
Question 66 : Gases that absorb and hold heat from the Sun, preventing it from escaping back into space is called as
- Pollution
- Resource depletion
- Global warming
- Green house gases
Question 67 : A set of rules or instructions which identify specific and detailed actions that must be undertaken or avoided is called a:
- Chairman's report
- Code of conduct
- Mission statement
- Auditor's report
Question 68 : key to balancing legitimate business needs with the right to privacy, does not include
- purpose
- recipe
- consent
- accuracy
Question 69 : Which of the following general principle is not followed by corporation while practicing CSR:
- Companies should support the inclusion of the principles of the India Global Compact
- Companies should indulge in free marker practices, rejecting any illegal or fraudulent practice and implement effective mechanisms
- Mangers are not responsible to follow and encourage ethical business practices among employees
- Companies should encourage and facilitate communication and dialogue with its shareholders, investors, employees, Customers and suppliers
Question 70 : Which type of CSR includes securities regulations to labor law, environmental law and criminal law
- Philanthropic
- Economic
- Ethical
- Legal
Question 71 : The additional costs of resources that do not go into changing the product, but are invested instead in getting people to buy the product is called as
- product cost
- Selling cost
- Product price
- Additional cost
Question 72 : Which of the following is not a category of sustainability
- environmental sustainability
- economic sustainability
- social sustainability
- natural sustainability
Question 73 : Prices in the system of ----------- markets attract resources when demand is high.
- Perfectly competitive
- Monopoly
- Oligopoly
- Any Market
Question 74 : The four types of social responsibility include
- legal philanthropic, economic, and ethical
- ethical, moral social and economic
- philanthropic, justice, economic, and ethical
- legal, moral, ethical and economic