Q. Codes of conduct and codes of ethics:
  • (A) Are formal statements that describe what an organization expects of its employees.
  • (B) Become necessary only after a company has been in legal trouble.
  • (C) Are designed for top executives and managers, not regular employees.
  • (D) Rarely become an effective component of the ethics and compliance program.
πŸ’¬ Discuss
βœ… Correct Answer: (A) Are formal statements that describe what an organization expects of its employees.
Q. Actions or policies should be evaluated on the basic of producing greater good in the society” is the fundamental of which moral theory?
  • (A) Utilitarian theory
  • (B) Theory of justice
  • (C) Ethics of care
  • (D) Theory of rights
πŸ’¬ Discuss
βœ… Correct Answer: (A) Utilitarian theory
πŸ“Š Business Ethics and Corporate Social Responsibility
Q. Stage of maintaining the social order of Kohlberg’s moral development model is in:
  • (A) Pre-conventional morality
  • (B) Conventional morality
  • (C) Post-conventional morality
  • (D) None of the above
πŸ’¬ Discuss
βœ… Correct Answer: (B) Conventional morality
Q. From the point of view of business which one of the following is a reason because of which consumer protection is important?
  • (A) Dynamic Environment
  • (B) Fast Technological Development
  • (C) Government intervention
  • (D) Competitive Marke
πŸ’¬ Discuss
βœ… Correct Answer: (D) Competitive Marke
πŸ“Š Business Ethics and Corporate Social Responsibility
Q. Who is not a consumer under consumer Protection Act?
  • (A) Any person who buys any goods for a consideration
  • (B) Any person who buys goods and uses them exclusively for the purpose of earning his livelihood by means of self employment.
  • (C) Any person who avails services with the approval of hirer
  • (D) Any person who obtains goods for resale or commercial purposes.
πŸ’¬ Discuss
βœ… Correct Answer: (D) Any person who obtains goods for resale or commercial purposes.