Q. Which of the following is NOT an example of a genuine business innovation? points
✅ Correct Answer: (C)
New product targeted at low-income customers
Business Ethics and Corporate Social Responsibility MCQs and Notes
Q. What are the four generic strategies of social responsiveness?
✅ Correct Answer: (D)
Reaction, Defence, Accommodation, Proaction
Q. What is the main characteristic of the stakeholder approach?
✅ Correct Answer: (A)
The idea that many different groups have a legitimate interest in the corporation
Q. Who said that the "only one social responsibility of business is to increase profits"?
✅ Correct Answer: (B)
Milton Friedman
Q. All definitions of Corporate Social Responsibility recognize that:
✅ Correct Answer: (A)
Companies have a responsibility for their impact on society and environment.
Q. Which of the following is not part of Schein's model of the formation of culture?
✅ Correct Answer: (B)
Pre-conceptions
Q. What is not one of the layers of cultural influence?
✅ Correct Answer: (D)
Company
Q. What is the term for the act of getting individuals to behave in ways that are acceptable to a group?
✅ Correct Answer: (D)
Socialisation
Q. Jobs are set of
✅ Correct Answer: (C)
Tasks
Q. The following factor(s) to be discussed for an effective job design.
✅ Correct Answer: (D)
All of the above