Q. is a document that outlines principles for doing business globally in the areas of human rights, labour, the environment, and anticorruption.
✅ Correct Answer: (B)
The Global Compact
Corporate Governance MCQs and Notes
Q. Global organizations must their ethical guidelines so that employees know what is expected of them while working in a foreign location
✅ Correct Answer: (A)
Clarify
Q. Which of the following is a basic definition of ethics?
✅ Correct Answer: (C)
rules or principles that define right and wrong conduct
Q. Applying social criteria to an investment decision refers to .
✅ Correct Answer: (D)
social screening
Q. Social responsiveness refers to the capacity of a firm to adapt to changing .
✅ Correct Answer: (A)
societal condition
Q. The belief that a firm pursuit of social goals would give them too much power is known as what argument in opposition to a firm being socially responsible?
✅ Correct Answer: (D)
too much power
Q. How many stages are in the model of an organization social responsibility progression?
✅ Correct Answer: (B)
4
Q. Which of the following is associated with the classical view of social responsibility?
✅ Correct Answer: (C)
stockholder financial return
Q. The approach to formal corporate ethics initiatives focuses on meeting required behaviour norms or obeying the letter of the law
✅ Correct Answer: (B)
Compliance
Q. The approach to formal corporate ethics initiatives is proactive and inspirational.
✅ Correct Answer: (D)
Values