Tag: organization of commerce and management

Questions Related to organization of commerce and management

Behaviour that does not conform to generally social norms will be considered as.

  1. Arrogant Behaviour

  2. Arbitrary Behaviour

  3. Ethical Behaviour

  4. Unethical Behaviour


Correct Option: D
Explanation:

Unethical behavior is an action that falls outside of what is considered morally right or proper for a person, a profession or an industry. Individuals can behave unethically, as can businesses, professionals and politicians.

Unethical behavior is behavior that is contrary to our own moral principles as well as the principles admired in the community one lives in.

Business enterprises must protect the natural environment by avoiding _____________. 

  1. Smoky chimneys

  2. Ugly buildings

  3. Dirty working conditions

  4. All of the above


Correct Option: D
Explanation:

Business enterprises can be protected by installing smoky chimneys, wind off ugly buildings, and improving dirty working conditions.

Enterprise must pay taxes _____.

  1. In advance

  2. More

  3. Regularly

  4. In cash


Correct Option: C
Explanation:

Enterprises must pay taxes regularly. They should not indulge in the activity of tax evasion. regular tax payment contributes in development of economy.

Business enterprise develop a proper image in society by ________________.

  1. continuous interaction with government

  2. continuous interaction with people

  3. continuous interaction with employees

  4. All of the Above


Correct Option: C
Explanation:

In a competitive business climate, many businesses actively work to create and communicate a positive image to their customers, shareholders, the financial community, and the general public.


Ethics has become important because of _________.

  1. Globalization

  2. Communication explosion

  3. Both a & b

  4. None of the above


Correct Option: C
Explanation:
Globalization – coupled with focus on cross-border trade, multinational enterprises and global supply chains — is increasingly raising ethical concerns related to human resource management practices, environmental protection, and health and safety, among other things.
Advances in communications technology, such as the Internet, cellular phones and personal digital assistants, are making it easier to track corporate activities and disseminate information about them. Non-governmental organizations now regularly draw attention through their websites to business practices they view as problematic. 

The term socio-technical systems was coined by __________.

  1. Ken Bamforth

  2. Fred Emery

  3. Eric Trist

  4. All of the above


Correct Option: D
Explanation:

The term sociotechnical systems was coined by Eric Trist, Ken Bamforth and Fred Emery, in the World War II era, based on their work with workers in English coal mines at the Tavistock Institute in London.

A business should have what kind of an approach? 

  1. Profit earning

  2. Social responsibility

  3. Both (A) and (B)

  4. Either (A) and (B)


Correct Option: C
Explanation:
Companies are expected to meet society’s demands for goods and services, to provide employment, to contribute to the exchequer, and to operate efficiently at a profit. There is no conflict between social responsibility and the obligation on companies to use scarce resources efficiently and to be profitable—an unprofitable business is a drain on society. The essence of the contract between society and business is that companies shall not pursue their immediate profit objectives at the expense of the long-term interests of the community. 

A worker is most likely to behave ethically and legally when _____________________.

  1. A manger observes his or her behaviour closely.

  2. The worker has intense morals.

  3. The consequences of the act are minor

  4. The consequences of the act are substantial


Correct Option: D
Explanation:

A worker is most likely to behave ethically and legally when the consequences of the act are substantial. When the workers know that his unethical behavior will cause him certain loss then he is more likely to act ethically in order to save himself from the consequence of the unethical acts.

Fairness in employment practices centers on ____________________.

  1. Hiring no family members or friends.

  2. Giving people equal rewards for accomplishing the same tasks.

  3. Obeying equal employment opportunity legislation.

  4. Avoiding conflicts of interest.


Correct Option: B
Explanation:

It is essential to reward people equally for accomplishing the same task.If people are not rewarded equally for the same task performed by the people then it will amount to bias which is an unethical act. People should e rewarded equally for same task irrespective of their caste, gender, etc.

A whistle blower is an employee who __________________.

  1. Exposes organizational wrongdoing.

  2. Complains a lot of company management.

  3. Engages in unethical behaviour.

  4. Referees disputed with other employees.


Correct Option: A
Explanation:

whistleblower is an employee that reports an employer's misconduct. There are laws that protect whistleblowers from being fired or mistreated for reporting misconduct. One of these laws is the Whistleblower Protection Act.