Tag: organization of commerce and management

Questions Related to organization of commerce and management

Aspiration of Indians to build a strong nation is a short time coupled with their Colonial legacy, has led to two divergent strands of values. This can be attributed to which category of reasons for unethical behavior?

concept of social responsibility organization of commerce and management industrial pollution and degradation of environment environmental values and ethics industrial pollution accelerated with the start of industrial revolution social responsibility towards the environment

  1. Cultural and social reason

  2. Sanctions and discrimination

  3. Greed for quick money

  4. Absence of well organised consumer movement

Show answer
Correct Option: A
Explanation:

Cultural environments that condone corruption. Such as defending or even admiring crooks. Or rationalizing false arguments with no moral basis . Who ought to promote that culture? Social leaders? Everyone?

 Indian peoples aspiration to build a strong nation in a short time coupled with our colonial legacy has lead to two divergent stand of values. Traditionally idealized value and operative values.

Measures to improve ethical behavior of business are framed at which level?

concept of social responsibility organization of commerce and management industrial pollution and degradation of environment environmental values and ethics industrial pollution accelerated with the start of industrial revolution social responsibility towards the environment

  1. Societal level

  2. Government level

  3. Institution level

  4. All of the above

Show answer
Correct Option: D
Explanation:

following are the measures to improve ethical behavior of business :-

1. Institutional level
2.Government level
3. Societal level.

Which of the following ethical issue is related to production?

concept of social responsibility organization of commerce and management industrial pollution and degradation of environment environmental values and ethics industrial pollution accelerated with the start of industrial revolution social responsibility towards the environment

  1. Black market

  2. Grey market

  3. Price discrimination

  4. None of the above

Show answer
Correct Option: D
Explanation:
This area of business ethics deals with the duties of a company to ensure that their products and production processes do not cause harm to society at large. 
Some of the more acute dilemmas in this area arise out of the fact that there is usually a degree of danger in any product or its production process and it is difficult to define the degree of permissibility, since the degree of permissibility may depend on the changing state of preventative technologies or changing social perceptions of acceptable risk.

 — Defective, addictive and inherently dangerous products.

 — Ethical relations between the company and the environment include pollution, environmental ethics and carbon emissions trading.

 — Ethical problems arising out of new technologies, for example, genetically modified food.

 — Product testing ethics.
The most systematic approach to fostering ethical behavior in business is to build a corporate culture
that would link ethical standards and business practices.

Corporate codes of ethics.

concept of social responsibility organization of commerce and management industrial pollution and degradation of environment environmental values and ethics industrial pollution accelerated with the start of industrial revolution social responsibility towards the environment

  1. Are always externally audited

  2. Create guidelines for employees to work by

  3. Are always compliance based

  4. Are always integrity based

Show answer
Correct Option: B
Explanation:
A corporate code of conduct may be defined as a document containing the core values and moral principles which all those working in the company are expected to follow in the course of their duties as well as in their daily activities. It reflects commitment of the company to ensure ethical behaviour on the part, of its members. It also indicates how an employee should act in general or in specific situations. A code of conduct lays down 'do’s' and `don'ts'. It describes socially acceptable and responsible behaviour. Hence, a code of ethics is a tangible guide to ethically desirable behaviour. 

Pick the odd one. It is UNCOMMON for business to behave ethically because.

concept of social responsibility organization of commerce and management industrial pollution and degradation of environment environmental values and ethics industrial pollution accelerated with the start of industrial revolution social responsibility towards the environment

  1. It has to meet stock holder expectations

  2. It has to ignore their employees relations

  3. To build trust with shareholders

  4. All of the above

Show answer
Correct Option: B
Explanation:

Ignoring employees relations are not ethical because employees are the most important resource of the company .

EBEN is?

concept of social responsibility organization of commerce and management industrial pollution and degradation of environment environmental values and ethics industrial pollution accelerated with the start of industrial revolution social responsibility towards the environment

  1. European Business Ethics network

  2. European Business Ethics nation

  3. European Business Ethics national

  4. None of the above

Show answer
Correct Option: A
Explanation:

The European Business Ethics Network $(EBEN)$ is an international network of academics and practitioners that promotes ethical business practice and increases awareness about ethical challenges in the global marketplace. 

Government gives awards for ethics shown by business people. The name of the award is?

concept of social responsibility organization of commerce and management industrial pollution and degradation of environment environmental values and ethics industrial pollution accelerated with the start of industrial revolution social responsibility towards the environment

  1. Indira Gandhi Paryavaran Puraskar

  2. Indira Gandhi Kiteracy Puraskar

  3. Rajeev Gandhi Paryavaran Puraskar

  4. Mahatma Gandhi Paryavaran Puraskar

Show answer
Correct Option: A
Explanation:

Indira Gandhi Paryavaran Puraskar ( Indira Gandhi Environment Award) is an environment award instituted by the Ministry of Environment and Forests, Government of India in the year $1987$, in order to encourage public participation in environment. It is awarded to individuals and organizations that have made significant and measurable contributions in the field of environment protection and improvement.The prize is presented every year on an occasion related to the environment.

Focusing more on the environmental impacts helps to attract and retain employees, and customers.

concept of social responsibility organization of commerce and management industrial pollution and degradation of environment environmental values and ethics industrial pollution accelerated with the start of industrial revolution social responsibility towards the environment

  1. True

  2. False

Show answer
Correct Option: A
Explanation:

Make it clear to employees that you welcome — and will implement — good ideas that also foster sustainability. For example, installing motion sensors in your workplace that turn off the lights when nobody is in the room will help save energy and save money. Establish a program that rewards and recognizes employees who come up with ideas that reduce waste and save resources. That's certainly a win for people, planet and profits.

Prevention of wastage of materials and energy can be done through _______.

concept of social responsibility organization of commerce and management industrial pollution and degradation of environment environmental values and ethics industrial pollution accelerated with the start of industrial revolution social responsibility towards the environment

  1. Recycling

  2. Reducing consumption

  3. Selection of suitable facility for production

  4. All of the above

Show answer
Correct Option: D
Explanation:
  • Recycling: Place blue recycling bins around the office for easier trash disposal. You can also provide smaller containers for recyclable materials along with individual employee wastebaskets. Demonstrate your support for sustainable products by asking your office manager to prioritize the purchase of office supplies that contain recycled materials.
  • Reducing consumption: Encourage employees to minimize waste by reducing unnecessary printing, turning lights off in rooms that are not being used and bringing their own mugs and reusable water bottles from home.
  • Selection of suitable facility for production: selecting the best method of production which reduces wastage of material and energy.

Identify the measures taken by businesses to protect environment.

concept of social responsibility organization of commerce and management industrial pollution and degradation of environment environmental values and ethics industrial pollution accelerated with the start of industrial revolution social responsibility towards the environment

  1. Installing and maintaining pollution control equipment.

  2. Having an audit system for checking the efficacy of environment protection measures.

  3. Participating in environmental protection measures.

  4. All of the above

Show answer
Correct Option: D
Explanation:

There are many measures which can be taken by businesses to protect environment. All the above 3 are examples of the steps which  businessmen can apply in their business and contribute to the environment which will protect environment to a certain limit.