Tag: organization of commerce and management

Questions Related to organization of commerce and management

A business should have which kind of an approach?

organization of commerce and management social responsibility of management and csr concept of social responsibility corporate social responsibility social responsibility

  1. Profit earning

  2. Social responsibility

  3. Both (A) and (B)

  4. Either (A) and (B)

Show answer
Correct Option: C
Explanation:

Generally business have three main approach:-

1. Profit earning
2. Wealth maximization
3. Social responsibility

In which dimension of CSR responsibility would you classify the issue of recycling and non wasteful packaging?

organization of commerce and management social responsibility of management and csr concept of social responsibility corporate social responsibility social responsibility

  1. Consumer

  2. Social and community involvements

  3. Physical environment

  4. Employee relations

Show answer
Correct Option: C
Explanation:

Physical environment refers to the level of upkeep, ambient noise, lighting, indoor air quality and/or thermal comfort of the school's physical building and its location within the community. the issue of recycling and non-wasteful packaging refers to physical environment.

Which of the following is not a criticism of CSR?

organization of commerce and management social responsibility of management and csr concept of social responsibility corporate social responsibility social responsibility

  1. CSR is too costly

  2. CSR encourage cynicism

  3. CSR leads to enhanced brand reputation

  4. CSR is misguided

Show answer
Correct Option: C
Explanation:
 $CSR$ creates a favourable public image, which attracts customers. Reputation or brand equity of the products of a company which understands and demonstrates its social responsibilities is very high.
Customers trust the products of such a company and are willing to pay a premium on its products. 
Organizations that perform well with regard to $CSR$ can build reputation, while those that perform poorly can damage brand and company value when exposed. Brand equity, is founded on values such as trust, credibility, reliability, quality and consistency. 

A socially responsible mutual fund will only purchase stocks in companies that ____________.

organization of commerce and management social responsibility of management and csr concept of social responsibility corporate social responsibility social responsibility

  1. have no-smoking policy in place

  2. have a culturally diverse management team

  3. hire some job candidates who are HIV positive

  4. have good social performance

Show answer
Correct Option: D
Explanation:

A socially responsible mutual fund will only purchase stock of that company who have good social performance as socially responsible mutual fund will always look for those company who have good social performance. 

A running company was selling defected machines by claiming them to be new such kind of practice is unethical is?

organization of commerce and management social responsibility of management and csr concept of social responsibility corporate social responsibility social responsibility

  1. Institutional level

  2. Government level

  3. Society level

  4. None of the above

Show answer
Correct Option: C
Explanation:
  1. Taking shortcuts / shoddy work: 
  2. Lying to hide mistakes: 
  3. Badmouthing colleagues: 
  4. Passing the buck (when you don't get your work done): 
  5. Slacking off when no one is watching
  6. Lying to hide your colleagues’ mistakes: 
  7. Taking credit for other colleagues’ work: 
  8. Pulling a sickie: 
  9. Lying about skills and experience: 
  10. Taking low value items

Which of the following is not a criticism of CSR ? 

organization of commerce and management social responsibility of management and csr concept of social responsibility corporate social responsibility social responsibility

  1. CSR is too costly

  2. CSR encourages cynicism

  3. CSR leads to enhanced brand reputation

  4. CSR is misguided

Show answer
Correct Option: C
Explanation:
CSR creates a favourable public image, which attracts customers. Reputation or brand equity of the products of a company which understands and demonstrates its social responsibilities is very high. Customers trust the products of such a company and are willing to pay a premium on its products.
Organizations that perform well with regard to CSR can build reputation, while those that perform poorly can damage brand and company value when exposed. Brand equity, is founded on values such as trust, credibility, reliability, quality and consistency. 

Telegram was charged on the basis of _________.

organization of commerce and management business services 1 communication services postal services 4 - rapid communication and other facilities postal services and warehouses importance, types and documentation in warehousing meaning of warehousing and warehousing warehousing

  1. number of words used

  2. number of letter used

  3. number of sentences used

  4. number of paragraphs used

Show answer
Correct Option: A
Explanation:

Telegram was charged on the basis of number of words used. A telegraph message sent by an electrical telegraph operator or telegrapher using Morse code (or a printing telegraph operator using plain text) was known as a telegram. Telegram is regarded is a cloud-based instant messaging service.

Which is the most historical way of sending information?

organization of commerce and management business services 1 communication services postal services 4 - rapid communication and other facilities postal services and warehouses importance, types and documentation in warehousing meaning of warehousing and warehousing warehousing

  1. Internet

  2. Telephone

  3. Telegram

  4. All of the above

Show answer
Correct Option: C
Explanation:

Telegram is the most historical way of sending information. Telegram was charged on the basis of number of words used. A telegraph message sent by an electrical telegraph operator or telegrapher using Morse code (or a printing telegraph operator using plain text) was known as a telegram. Telegram is regarded is a cloud-based instant messaging service.

Written communication is called _________.
organization of commerce and management business services 1 communication services postal services 4 - rapid communication and other facilities postal services and warehouses importance, types and documentation in warehousing meaning of warehousing and warehousing warehousing

  1. compliments

  2. consideration

  3. correspondence

  4. none of these

Show answer
Correct Option: C
Explanation:

C. correspondence

A written  communication is usually in the form of a letter and is called business correspondence. It is a way by which any person who is related to the business expresses oneself. 
He may also ask any doubts or queries through business correspondence. Any correspondence between two organizations or within an organization is referred to as business correspondence.  
For example, a letter to the supplier, letter of inquiry, complaint letters, job applications, etc.


Which of the following is not a type of interview?

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  1. Depth Interview

  2. Interview Rating Firm

  3. Panel Interview

  4. Productive Interview

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Correct Option: B