Test: Social Responsibility Of Business - 2


20 Questions MCQ Test Business Studies (BST) Class 11 | Test: Social Responsibility Of Business - 2


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This mock test of Test: Social Responsibility Of Business - 2 for Commerce helps you for every Commerce entrance exam. This contains 20 Multiple Choice Questions for Commerce Test: Social Responsibility Of Business - 2 (mcq) to study with solutions a complete question bank. The solved questions answers in this Test: Social Responsibility Of Business - 2 quiz give you a good mix of easy questions and tough questions. Commerce students definitely take this Test: Social Responsibility Of Business - 2 exercise for a better result in the exam. You can find other Test: Social Responsibility Of Business - 2 extra questions, long questions & short questions for Commerce on EduRev as well by searching above.
QUESTION: 1

Primary responsibility of a business is to produce goods and services that society wants and sell them at a profit. This is called ______

Solution:

Alternatively, imagine an economy where there are no businesses because the government is in charge of the economy. Business, then, plays a central role in any market economy. It is the engine that allows an economy to run because it provides jobs as well as goods and services.

QUESTION: 2

Every business has a responsibility to operate within the laws of the land as per the ______

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QUESTION: 3

Respecting the religious sentiments and dignity of people while advertising for a product is ______

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QUESTION: 4

Providing charitable contributions to educational institutions is ________

Solution:

Discretionary Responsibility means self-directed and concerted efforts undertaken by an organization in order to contribute resources to the community for a better quality of life and such actions are not mandate or given orders of the law. It is purely voluntary. Resources may be contributed for social, educational, cultural and/or recreational purposes.

QUESTION: 5

A business enterprise has the responsibility to provide a fair return to the ______

Solution:

A shareholder is a person, company, or institution that owns at least one share of a company’s stock, which is known as equity. As equity owners of the company, shareholders are subject to capital gains (or losses) and/or dividend payments as residual claimants on a firm's profits.

QUESTION: 6

Which of the following is a responsibility of a business towards the workers?

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QUESTION: 7

Which of the following is an example of responsibility towards consumers?

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QUESTION: 8

Responsibility towards the government is _________

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QUESTION: 9

Smoke and other chemicals from manufacturing plants are type of ________

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QUESTION: 10

The main cause of water pollution is ______

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QUESTION: 11

________ damages the quality of land making it unfit for agriculture or plantation.

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QUESTION: 12

Running of factories and vehicles cause _________

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QUESTION: 13

Noise pollution can be responsible for ______

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QUESTION: 14

______ has created a hole in the ozone layer leading to dangerous warming of the earth

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QUESTION: 15

Need for pollution control is due to ______

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QUESTION: 16

The word ?Ethics? has its origin in the ______

Solution:

The word Ethics has its origin in the Greek Word. Ethos, is the word from which this word is originated.

QUESTION: 17

Enterprises with effective ethics programmes do define the principles of conduct for the whole organisation in the form of written documents which is referred to as the ______

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QUESTION: 18

Publication of "Code" by an enterprise covers areas such as ______

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QUESTION: 19

Which of the following is not the part of ethics?

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QUESTION: 20

Need for social responsibility arises due to the ______

Solution:

Social responsibility plays a very important role in the organisation if social responsibility will not be performed then the society will not provide the resources to business which are very important and for this the business has to perform social responsibility towards society which can beto provide employment opportunities to avoid adulteration and black marketing to treat consumer politely to not use the government machinery by unfair means and pay taxes honestly