Chapter:

30+ Unit 4 Solved MCQs

in Business Ethics and Corporate Social Responsibility (BECSR)

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1.	The process of evaluating a firm's________________ is to determine its effect on a society.
A.	operating procedures
B.	code of conduct
C.	Policies compliance
D.	All of the above
Answer» B. code of conduct

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2.	The ________ is an agency to eliminate false and misleading advertising
A.	FTC
B.	DOL
C.	SEBI
D.	Both (a) and (b)
Answer» A. FTC

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3.	Corporate Governance originated from_________
A.	The Companies Act
B.	SEBI Act, 1992
C.	MCA
D.	Clause 49 of SEBI act, 2000
Answer» A. The Companies Act

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4.	___________________ can be defined as the rights given to people over the creations of their minds.
A.	IPR
B.	Patents
C.	Copyright
D.	Mandatory Rights
Answer» A. IPR

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5.	A ___________________ is a way of measuring, understanding, reporting and ultimately improving an organization’s social and ethical performance.
A.	Social Audit
B.	Financial Audit
C.	Responsibility Audit
D.	Compulsory Audit
Answer» A. Social Audit

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6.	The members of social audit can be from
A.	Zilla Panchayat
B.	Block Panchayat
C.	Gram Panchayat
D.	All of the above
Answer» D. All of the above

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7.	The consumers have an implied_____________ with the corporations
A.	Quasi Contract
B.	Social Contract
C.	Legal Contract
D.	None of the above
Answer» B. Social Contract

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8.	The right to ________ is the right to be protected against products, production processes and service hazardous to life
A.	Redress
B.	Choose
C.	Be informed
D.	Safety
Answer» D. Safety

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9.	The principle of “let the buyer be aware “is based on the _____________theory
A.	Capitalist
B.	Consumer
C.	Free-market
D.	None of the above
Answer» C. Free-market

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10.	_______________ doctrine places the responsibility of product safety on corporations
A.	Buyer beware
B.	Seller beware
C.	Seller take care
D.	Buyer and seller take care
Answer» C. Seller take care

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11.	The ___________ has a code of ethics that helps organizations monitor their ads
A.	AAA
B.	FTC
C.	FDA
D.	All of the above
Answer» A. AAA

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12.	The basic principles of advertising law to be followed while doing online advertising are:
A.	Advertising must be truthful and not misleading
B.	Advertisements cannot be unfair
C.	Advertisements must be substantiated
D.	All of the above
Answer» D. All of the above

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13.	The phenomenon of KGOY (Kids getting older younger) refers to
A.	Teens (between childhood and teenage years)
B.	Only the teenagers
C.	Kids below 13 years of age
D.	Kids below 18 yrs of age
Answer» A. Teens (between childhood and teenage years)

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14.	__________________ standards seek to encourage voluntary commitment to social responsibility.
A.	ISO 26000
B.	AA1000
C.	CSR
D.	OECD
Answer» A. ISO 26000

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15.	Object of the central council is
A.	The right to be protected against the marketing of goods which are hazardous to life and property
B.	The right to informed about the quality, quantity, potency, purity, standard and price of goods so as to protect the consumer against unfair trade practices
C.	The right to be assured, wherever possible access to a variety of goods at competitive prices
D.	All the above
Answer» D. All the above

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16.	Illegal intrusion of a computer system without authorization of the owner or user is__________
A.	Hacking
B.	Spam
C.	Phishing
D.	Spoofing
Answer» A. Hacking

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17.	A kind of impersonation in order to get access to other computers is__________
A.	Hacking
B.	Spam
C.	Phishing
D.	Spoofing
Answer» D. Spoofing

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18.	The flooding of the victim’s computer with _________ affects the bandwidth of the system and the user is unable to access and work on the computer.
A.	Hacking
B.	Spam
C.	Phishing
D.	Spoofing
Answer» B. Spam

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19.	The information Technology Act was amended in _________
A.	2006
B.	2005
C.	2000
D.	2001
Answer» A. 2006

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20.	Prevention of disclosure of information to unauthorized persons is __________
A.	Confidentiality
B.	Integrity
C.	Availability
D.	None of the above
Answer» A. Confidentiality

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21.	_________- is a prefix to everything that transports us instantly into the virtual world.
A.	Cyber
B.	Internet
C.	Tech
D.	None of the above
Answer» A. Cyber

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22.	Information Technology is operation through applied technologies of computer science through and medium of electronic communications like
A.	TV
B.	Telephone
C.	Internet
D.	All of the above
Answer» D. All of the above

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23.	________________ in the matter of information security plays a big role in areas such as capital market.
A.	Due Care
B.	Due Diligence
C.	Prudence
D.	Awareness
Answer» B. Due Diligence

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24.	____________ is when the criminal disseminates the information to defame you and take revenge on you, or cause loss.
A.	Cyber attack
B.	Cyber defamation
C.	Spoofing’
D.	Phishing
Answer» B. Cyber defamation

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25.	___________ is a way of measuring, understanding, reporting and ultimately improving an organization’s social and ethical performance.
A.	Financial audit
B.	Social audit
C.	Ethical audit
D.	Corporate governance
Answer» B. Social audit

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26.	The Consumer protection act 1986 enacted in
A.	24 Oct 1986
B.	24 Oct 1987
C.	24 Aug 1986
D.	15 June 1986
Answer» A. 24 Oct 1986

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27.	The Consumer Protection Act 1986 extends to
A.	The whole India
B.	The whole India except Jammu and Kashmir
C.	The whole India except Nagaland tribal area
D.	Both B & C
Answer» B. The whole India except Jammu and Kashmir

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28.	As per section 2(1)(b) of Consumer Protection Act 1986, "complainant" means
A.	a consumer
B.	any consumer association registered under the Companies Act, 1956
C.	the Central Government or any State Government,
D.	All the above
Answer» D. All the above

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29.	In case of death of a consumer who can prefer compliant under Section 2(1)(b) of Consumer Protection Act 1986
A.	his legal heir or representative
B.	State Government
C.	consumer association registered under the Companies Act, 1956
D.	No one can prefer complaint
Answer» A. his legal heir or representative

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30.	As per section 2(1)(j) of Consumer Protection Act 1986, 'manufacturer' means a person who (i) makes or manufactures any goods or part thereof (ii) does not make or manufacture any goods but assembles parts thereof made or manufactured by others (iii) puts or causes to be put his own mark on any goods made or manufactured by any other manufacturer; Codes:
A.	(i) & (ii)
B.	(i) & (iii)
C.	(ii) & (ii)
D.	(i), (ii) & (iii)
Answer» D. (i), (ii) & (iii)

discuss

31.	Which of the following does the term Corporate Social Responsibility relate to?
A.	Environmental practice
B.	Ethical conduct
C.	Human rights and employee relations
D.	All of the above
Answer» D. All of the above

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32.	Who are organizational stakeholders?
A.	Providers of finance
B.	Customers
C.	Employees
D.	All of the above
Answer» D. All of the above

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33.	What is Ethics to do with?
A.	Nothing
B.	The wider community
C.	Business
D.	Right and wrong
Answer» D. Right and wrong

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34.	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» A. Conduct of international operations

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35.	Which legislation relates to the concept of business ethics?
A.	Freedom of Information Act
B.	Building regulations
C.	Food Act
D.	All of these
Answer» A. Freedom of Information Act

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36.	The goal of corporate governance and business ethics education is to:
A.	Teach students their professional accountability and to uphold their personal Integrity to society.
B.	Change the way in which ethics is taught to students.
C.	Create more ethics standards by which corporate professionals must operate.
D.	Increase the workload for accounting students
Answer» C. Create more ethics standards by which corporate professionals must operate.

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37.	Under the _____________, both internal and external corporate governance mechanisms are intended to induce managerial actions that maximize profit and
A.	shareholder value.
B.	Shareholder theory.
C.	Agency theory.
D.	Stakeholder theory.
Answer» A. shareholder value.

discuss

38.	An organization’s appropriate tone at the top promoting ethical conduct is an example of:
A.	Ethics sensitivity.
B.	Ethics incentives.
C.	Ethical behavior.
D.	Consequentialist.
Answer» C. Ethical behavior.

discuss

30+ Unit 4 Solved MCQs

The process of evaluating a firm's________________ is to determine its effect on a society.

The ________ is an agency to eliminate false and misleading advertising

Corporate Governance originated from_________

___________________ can be defined as the rights given to people over the creations of their minds.

A ___________________ is a way of measuring, understanding, reporting and ultimately improving an organization’s social and ethical performance.

The members of social audit can be from

The consumers have an implied_____________ with the corporations

The right to ________ is the right to be protected against products, production processes and service hazardous to life

The principle of “let the buyer be aware “is based on the _____________theory

_______________ doctrine places the responsibility of product safety on corporations

The ___________ has a code of ethics that helps organizations monitor their ads

The basic principles of advertising law to be followed while doing online advertising are:

The phenomenon of KGOY (Kids getting older younger) refers to

__________________ standards seek to encourage voluntary commitment to social responsibility.

Object of the central council is

Illegal intrusion of a computer system without authorization of the owner or user is__________

A kind of impersonation in order to get access to other computers is__________

The flooding of the victim’s computer with _________ affects the bandwidth of the system and the user is unable to access and work on the computer.

The information Technology Act was amended in _________

Prevention of disclosure of information to unauthorized persons is __________

_________- is a prefix to everything that transports us instantly into the virtual world.

Information Technology is operation through applied technologies of computer science through and medium of electronic communications like

________________ in the matter of information security plays a big role in areas such as capital market.

____________ is when the criminal disseminates the information to defame you and take revenge on you, or cause loss.

___________ is a way of measuring, understanding, reporting and ultimately improving an organization’s social and ethical performance.

The Consumer protection act 1986 enacted in

The Consumer Protection Act 1986 extends to

As per section 2(1)(b) of Consumer Protection Act 1986, "complainant" means

In case of death of a consumer who can prefer compliant under Section 2(1)(b) of Consumer Protection Act 1986

Which of the following does the term Corporate Social Responsibility relate to?

Who are organizational stakeholders?

What is Ethics to do with?

Which of the following is an example of an area where business ethics apply?

Which legislation relates to the concept of business ethics?

The goal of corporate governance and business ethics education is to:

Under the _____________, both internal and external corporate governance mechanisms are intended to induce managerial actions that maximize profit and

An organization’s appropriate tone at the top promoting ethical conduct is an example of: