Multiple Choice Questions (MCQs)
Q1: What is the primary purpose of a business enterprise according to the text?
(a) To maximize profits for its owners
(b) To serve societal needs
(c) To avoid government regulation
(d) To create healthy working conditions
Q2: Which of the following is an example of socially undesirable business practices?
(a) Paying taxes on time
(b) Polluting the environment
(c) Installing pollution control devices
(d) Attending to customer complaints
Q3: What does CSR stand for?
(a) Corporate Social Responsibility
(b) Community Service Regulation
(c) Creative Service Resources
(d) Corporate Sustainability Report
Q4: According to the text, which of the following is NOT a type of social responsibility?
(a) Economic responsibility
(b) Legal responsibility
(c) Competitive responsibility
(d) Ethical responsibility
Q5: Which organization defines CSR as "the responsibility of enterprises for their impacts on society"?
(a) World Health Organization
(b) European Commission
(c) World Bank
(d) International Monetary Fund
Fill in the Blanks
Q1: The assumption of social responsibilities implies that businesses respect the aspirations of __________.
Q2: Businesses must avoid making __________ advertisements.
Q3: Social responsibility is a __________ issue as it involves moral considerations.
Q4: Businesses have a responsibility to supply goods and services that society __________.
Q5: The __________ responsibility of business includes compliance with laws and regulations.
True or False
Q1: Businesses exist solely for the purpose of maximizing profits.
Q2: The social responsibility of business is broader than legal responsibility.
Q3: Providing good quality goods is an example of a socially undesirable practice.
Q4: All business people recognize their social responsibilities equally.
Q5: Pollution control measures can help improve a business's public image.Match the Following
Short Answer Questions
Q1: What is social responsibility in business?
Q2: Why is it important for businesses to be socially responsible?
Q3: What are some examples of socially responsible practices?
Q4: What are the arguments against social responsibility for businesses?
Q5: How can businesses protect the environment?
Q6: What is the main purpose of a business in society?
Q7: Why is it important for businesses to act responsibly?
Q8: What are some examples of socially undesirable practices by businesses?
Q9: How can businesses help the environment?
Q10: What is meant by corporate social responsibility?
37 videos|142 docs|38 tests
|
|
Explore Courses for Commerce exam
|