Tag: concept of social responsibility

Questions Related to concept of social responsibility

Which of the following statements is not correct?

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. Ethics pays in long term

  2. Codes of ethics foster ethical, ethical behavior because they expand the opportunity to behave ethically

  3. Ethics is good for company

  4. Without a code of ethics or formal policy on ethics employees are likely to base their peers and superiors behave.

Show answer
Correct Option: B
Explanation:
Ethical conduct is in the long-term interests of businessmen. A business enterprise that is honest and fair to its customers, employees, and other stakeholders earns their trust and goodwill.
It ultimately results in customer    satisfaction, healthy competition, industrial growth and high earnings. 

Businesses must balance their desire to maximize profits against the requirements of stakeholders. 
Maintaining this balance often requires trade offs. To address this unique aspect of business, rules are articulated to guide it to earn profits without harming individuals or society as a whole. 

While referring to business activity profile, Mahatma Gandhi once mentioned that all business entrepreneurs should ask themselves the question whether the activities they are contemplating would be of some use to the common man. This statement emphasizes the importance of nobility of business purpose.

Activity to improve ethical behavior by enacting various legislation is not taken at _________.

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. government level

  2. institutional level

  3. industrial level

  4. societal level

Show answer
Correct Option: A
Explanation:
The major problem for implementing effective Codes of Ethics remains that no law or Code will be of much value if individual civil servants lack the technical competence to recognize an ethics problem for what it is, or if they do not know what standards their organization expects of them, or (worst of all), if they consider it to be not in their interests, personally or professionally, to take a stand for integrity and against corruption.

Measures taken to improve ethical behavior at Government Level are

-companies to follow various legislation such as the Minimum Wages Act, Essential Commodities Act etc,
- framing laws and strict penalties if laws do not adhere.
- The government should announce the certain reward for individuals who practice ethical behavior like Indira Gandhi Paryavaran Puraskar
-Using mass media to educate people.

Which of the following action indicate ethical practice on part of business?

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. To promote harmful products

  2. To promote corruption

  3. To promote harmless products

  4. To promote alcohol

Show answer
Correct Option: C
Explanation:

Promoting harmful products, corruption and alcohol are not a ethical practice. But promoting harmless product are an ethical activity.

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.