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250+ Business Ethics and Corporate Social Responsibility (BECSR) Solved MCQs

These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Business Administration (BBA) .

Chapters

Chapter: Unit 4
101.

The ________ is an agency to eliminate false and misleading advertising

A. FTC
B. DOL
C. SEBI
D. Both (a) and (b)
Answer» A. FTC
102.

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
103.

___________________ 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
104.

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
105.

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
106.

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
107.

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
108.

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
109.

_______________ 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
110.

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
111.

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
112.

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)
113.

__________________ standards seek to encourage voluntary commitment to social responsibility.

A. ISO 26000
B. AA1000
C. CSR
D. OECD
Answer» A. ISO 26000
114.

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
115.

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
116.

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

A. Hacking
B. Spam
C. Phishing
D. Spoofing
Answer» D. Spoofing
117.

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
118.

The information Technology Act was amended in _________

A. 2006
B. 2005
C. 2000
D. 2001
Answer» A. 2006
119.

Prevention of disclosure of information to unauthorized persons is __________

A. Confidentiality
B. Integrity
C. Availability
D. None of the above
Answer» A. Confidentiality
120.

_________- 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
121.

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
122.

________________ 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
123.

____________ 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
124.

___________ 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
125.

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
126.

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
127.

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
128.

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
129.

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)
130.

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
131.

Who are organizational stakeholders?

A. Providers of finance
B. Customers
C. Employees
D. All of the above
Answer» D. All of the above
132.

What is Ethics to do with?

A. Nothing
B. The wider community
C. Business
D. Right and wrong
Answer» D. Right and wrong
133.

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
134.

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
135.

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.
136.

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.
137.

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.
More MCQs
138.

Choose the Incorrect Statement

A. Fulfilling Social Responsibility is Part of Business Ethics
B. Behaviour of an Individual helps in understanding his Values.
C. It is easier to change one's attitude than his values
D. Attitude is a human trait but behaviour is an inborn attribute
Answer» B. Behaviour of an Individual helps in understanding his Values.
139.

Which of the following statements most accurately describe the nature of an ethical issue in business?

A. Ethical issues can be resolved if you do what you think is right
B. Ethical issues can be resolved by following the guidance of religious beliefs
C. Ethical issues are difficult because all the choices may do some harm
D. Ethical issues are difficult because the results of a decision are hard to predict
Answer» D. Ethical issues are difficult because the results of a decision are hard to predict
140.

Which statements are characteristic of virtue ethics?

A. Our character traits are easily modified, almost on a day-to-day basis if we so choose.
B. Like Kantian ethical theory, virtue ethics requires that we disregard personal emotions and feelings.
C. Virtue ethics is about describing people as good or bad.
D. None of the above.
Answer» D. None of the above.
141.

_______________ builds trust among individuals and in business relationships, which validates and promotes confidence in business relationships.

A. Ethical conduct
B. Social responsibility
C. Ethical responsibility
D. Business ethics
Answer» A. Ethical conduct
142.

_________________ is the most reliable method to discover solutions to problems and difficulties which seem to be difficult to be tackled by reason and intellect.

A. Chetna
B. Self introspection
C. Brain-stilling
D. Self- introspection
Answer» C. Brain-stilling
143.

The 4th and 5th step in ethical decision making process is …………….
(i) Consider available alternatives
(ii) Make a decision
(iii) Eliminate non value adding alternatives
(iv) Compare and Weigh the alternatives

A. (i) and (ii)
B. (i) and (iv)
C. (ii) and (iii)
D. (iii) and (iv)
Answer» B. (i) and (iv)
144.

Which one of these scenarios are ethical issues?
(i) A company is thinking of employing a robot that will make most of the workforce redundant
(ii) Someone creates an AI
(iii) A judge decides to give someone a prison sentence
(iv) Someone hacks a computer

A. (i) and (ii)
B. (i) and (iii)
C. (ii) and (iii)
D. (iii) and (iv)
Answer» A. (i) and (ii)
145.

The questions: “Is there an ethical dilemma here, and if so, how do you define it?” would be utilized during which step of the Professional and Ethical Practice Decisional Strategy?

A. consult with peers and experts.
B. enhance ethical sensitivity.
C. identify potential courses of action.
D. identify the problem.
Answer» D. identify the problem.
146.

Identify which one feature explains Indian Ethos?

A. Believes in Ego Assertion
B. Based on Spirit of Sacrifice and Self Control
C. Emphasise on Individual Achievement
D. Your Status defines your Character
Answer» B. Based on Spirit of Sacrifice and Self Control
147.

There are two abilities that you must have to properly understand ethics. The first is the ……………………. and the second ability is …………………………..

A. ability to discern; concentration
B. ability to visualize; devotion
C. ability to distinguish; dedication
D. ability to judge; dedication
Answer» C. ability to distinguish; dedication
148.

Which of these statements is not an accurate description of ethical relativism?

A. Ethical relativism is a convenient philosophy for managers working in many countries
B. It is acceptable to give and take bribes if that is common practice in an industry or country
C. Morality depends on a particular society
D. Any gift to an employee is unacceptable as it may affect their judgement
Answer» D. Any gift to an employee is unacceptable as it may affect their judgement
149.

There are several practical steps that managers can take to improve the level of socially responsible behaviour in their company. Which of the following is least likely to work?

A. Publishing a statement of ethical policy in a booklet for staff
B. Creating a system of ethical reporting which is widely accessible on their website
C. Leading by example
D. Creating ethical structures
Answer» A. Publishing a statement of ethical policy in a booklet for staff
150.

The Theory of _________ posits that three levels of moral reasoning exist which an individual can engage in to assess ethical issues, dependent on their cognitive capacity.

A. Egoism
B. Power distance
C. Cognitive moral development
D. Uncertainty avoidance
Answer» C. Cognitive moral development

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