MCQOPTIONS
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MCQOPTIONS
This section includes 3246 Mcqs, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.
| 2001. |
An organization’s appropriate tone at the top promoting ethical conduct is an example of: |
| A. | Ethics sensitivity. |
| B. | Ethics incentives. |
| C. | Ethical behavior. |
| D. | Consequentialist. |
| Answer» D. Consequentialist. | |
| 2002. |
Operational information is required by |
| A. | Middle managers |
| B. | Line managers |
| C. | Top managers |
| D. | All workers |
| Answer» C. Top managers | |
| 2003. |
Ethics are important because |
| A. | suppliers prefer to deal with ethical companies. |
| B. | customers prefer to deal with ethical companies. |
| C. | employees prefer to deal with ethical companies. |
| D. | all of the choices. |
| Answer» E. | |
| 2004. |
What are the four generic strategies of social responsiveness? |
| A. | Proaction, Defensive, Reinvestment, Reaction |
| B. | Reaction, Defence, Reinvestment, Proaction |
| C. | Reaction, Defence, Investment, Withdrawal |
| D. | Reaction, Defence, Accommodation, Proaction |
| Answer» E. | |
| 2005. |
An independent director is one who: |
| A. | Did not attend a school supported by the company. |
| B. | Does not have outside relationships with other directors. |
| C. | Does not have any other relationships with the company other than his or her directorship. |
| D. | All of the above. |
| Answer» D. All of the above. | |
| 2006. |
According to Carrol, there are four main criteria for evaluating corporate social performance. Which of the following is not one of those criteria? |
| A. | Legal responsibilities -- to follow prevailing laws |
| B. | Ethical responsibilities -- acting to meet a wider social interest |
| C. | Economic responsibilities -- to make sufficient profit to stay in business and provide employment |
| D. | Career responsibilities -- to ensure high rewards to senior managers and directors |
| Answer» D. Career responsibilities -- to ensure high rewards to senior managers and directors | |
| 2007. |
Fraudulent trading may be |
| A. | A criminal offence committed only by directors of a limited company |
| B. | A civil and a criminal offence committed only by directors of a limited company |
| C. | A civil and a criminal offence committed by any employee |
| D. | A civil offence committed by any employee |
| Answer» D. A civil offence committed by any employee | |
| 2008. |
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 |
| Answer» C. Post-conventional morality | |
| 2009. |
The following are the characteristics of Negative Stress |
| A. | It causes anxiety |
| B. | It feels unpleasant |
| C. | It decreases performance |
| D. | All of the above |
| Answer» E. | |
| 2010. |
Benefits derived from social responsibility include; |
| A. | enhanced organizational efficiency |
| B. | producing better products |
| C. | attracting people who want to work for the firm |
| D. | both A & C |
| Answer» E. | |
| 2011. |
The information Technology Act was amended in _________ |
| A. | 2006 |
| B. | 2005 |
| C. | 2000 |
| D. | 2001 |
| Answer» B. 2005 | |
| 2012. |
The framework for establishing good corporate governance and accountability was originally set up by the: |
| A. | Cadbury Committee |
| B. | Nestlé Committee |
| C. | Rowntree Committee |
| D. | Thornton Committee |
| Answer» B. Nestlé Committee | |
| 2013. |
Tactical information is needed for |
| A. | Day to day operations |
| B. | Meet government requirements |
| C. | Long range planning |
| D. | Short range planning |
| Answer» E. | |
| 2014. |
The ethical roots of the classical model of corporate social responsibility are found in which statement: |
| A. | The idea that the interests of stakeholders are as important as the interests of a corporation's stockholders. |
| B. | The free market theory which holds that managers are ethically obliged to take as much money as possible for their stockholders because to do otherwise would undermine the very foundations of our free society. |
| C. | The ethical imperative to cause no harm. |
| D. | The ethical imperative to prevent harm. |
| Answer» C. The ethical imperative to cause no harm. | |
| 2015. |
The primary stakeholders are: |
| A. | Customers. |
| B. | Suppliers. |
| C. | Shareholders. |
| D. | Creditors. |
| Answer» D. Creditors. | |
| 2016. |
Karma yoga is |
| A. | concentrate fully and completely on each duty. |
| B. | a preliminary to the use of japam. |
| C. | the way of knowledge. |
| D. | the way of psychological experiment. |
| Answer» B. a preliminary to the use of japam. | |
| 2017. |
Strategic planning in service organizations is all about: |
| A. | Where the organization is heading |
| B. | Where the organization should be heading. |
| C. | How the organization needs to change in order to be more effective |
| D. | What the organization intends to accomplish for the community |
| Answer» D. What the organization intends to accomplish for the community | |
| 2018. |
Jatin is a full-time student who is captain of the Cricket team and vice president of the Commerce club. He also works part-time. The primary stressor in his life would be _______. |
| A. | Exhaustion |
| B. | Eustress |
| C. | Conflict |
| D. | Overload |
| Answer» E. | |
| 2019. |
Work Design is concerned with the _____ of work system in any type of organisation or institution. |
| A. | Study |
| B. | Design |
| C. | Study and design |
| D. | Management |
| Answer» D. Management | |
| 2020. |
_______________ doctrine places the responsibility of product safety on corporations |
| A. | Buyer beware |
| B. | Seller beware |
| C. | Seller take care |
| D. | Buyer and seller take care |
| Answer» D. Buyer and seller take care | |
| 2021. |
The following are true about the effects of stress |
| A. | Hair loss and baldness |
| B. | Spasmodic pains in the neck and shoulders |
| C. | Hypertension |
| D. | All of the above |
| Answer» E. | |
| 2022. |
If you face an ethical dilemma, what should your first step be in resolving the issue? |
| A. | Contact the regulators |
| B. | Stay quiet |
| C. | Check your facts |
| D. | None of the above |
| Answer» D. None of the above | |
| 2023. |
If learning insight and judgment abilities are merged together with knowledge in aperson, the person has ________________ |
| A. | Knowledge |
| B. | Understanding |
| C. | Wisdom |
| D. | Intelligence |
| Answer» D. Intelligence | |
| 2024. |
Karma yoga is ……………………….. |
| A. | concentrate fully and completely on each duty. |
| B. | a preliminary to the use of japam. |
| C. | the way of knowledge. |
| D. | the way of psychological experiment. |
| Answer» B. a preliminary to the use of japam. | |
| 2025. |
Which statement does not reflect the idea of ethical relativism: |
| A. | All opinions are equal; no one can say what is ethically right or wrong. |
| B. | One's culture, society, or personal feelings are the only criteria for deciding what is ethically right or wrong. |
| C. | Determining what is ethically right or wrong is a process of arguing from an appeal to values and principles that justify and legitimize an opinion. |
| D. | Philosophical ethics is simply a process of clarifying values, not a process of justifying them. |
| Answer» D. Philosophical ethics is simply a process of clarifying values, not a process of justifying them. | |
| 2026. |
Which of these are safeguards for upholding high ethical standards? |
| A. | Having written orders to do something |
| B. | Companies’ internal codes, policies and education |
| C. | Corporate governance regulations |
| D. | b and c |
| Answer» E. | |
| 2027. |
There are several practical steps that managers can take to improve the level of socially responsible behaviour in their company. Which of the following is least likely to work? |
| A. | Publishing a statement of ethical policy in a booklet for staff |
| B. | Creating a system of ethical reporting which is widely accessible on their website |
| C. | Leading by example |
| D. | Creating ethical structures |
| Answer» B. Creating a system of ethical reporting which is widely accessible on their website | |
| 2028. |
Identify the statement that is consistent with utilitarian ethical theory: |
| A. | Adhering to a set of principles may well forbid an act that would otherwise provide overall net good consequences. |
| B. | No act is ever morally right or wrong in all cases, in every situation. It will all depend on the act's consequences. |
| C. | Some actions like murder, theft, rape, and lying are wrong of their very nature, the kind of acts they are. No amount of net good consequences could ever justify them. |
| D. | The end never justifies the means. |
| Answer» C. Some actions like murder, theft, rape, and lying are wrong of their very nature, the kind of acts they are. No amount of net good consequences could ever justify them. | |
| 2029. |
Which statement correctly reflects the free market view of business social responsibility? |
| A. | In addition to making a profit, businesses are just as responsible for seeing to the well-being of their employees and the communities in which they operate |
| B. | No one other than the managers and owners of a business may claim to have any stake in the business decisions managers make. |
| C. | In the process of providing goods and services to customer who need and want them and maximizing profits for its shareowners, a business fulfills its social responsibility |
| D. | A business is responsible for maximizing profits for its shareowners, but, in special circumstances, may have to sacrifice profits in the interest of the community whose citizens depend on it for employment. |
| Answer» D. A business is responsible for maximizing profits for its shareowners, but, in special circumstances, may have to sacrifice profits in the interest of the community whose citizens depend on it for employment. | |
| 2030. |
When was the Consumer Protection Act passed in India? |
| A. | 1968 |
| B. | 1986 |
| C. | 1984 |
| D. | 1976 |
| Answer» C. 1984 | |
| 2031. |
Examples of environmental stressors are |
| A. | Weather |
| B. | Traffic |
| C. | Substandard housing |
| D. | all of the above |
| Answer» E. | |
| 2032. |
The moral principles, standards of behaviour, or set of values that guide a person’s actions in the workplace is called |
| A. | Office place ethics |
| B. | Factory place ethics |
| C. | Behavioural ethics |
| D. | Work place ethics |
| Answer» E. | |
| 2033. |
Who said that the "only one social responsibility of business is to increase profits"? |
| A. | Edward Freeman |
| B. | Milton Friedman |
| C. | Michael Porter |
| D. | Michael Freeman |
| Answer» C. Michael Porter | |
| 2034. |
Select the reasons, historically speaking, why the modern corporation was establishedas a legal entity: |
| A. | Social benefits flow from corporate institutions. |
| B. | Corporations provide an efficient means for raising large amounts of capital needed to produce and distribute socially desired goods and services. |
| C. | Corporations distribute risks widely over large populations, minimizing the risk to any one individual. |
| D. | All of the above. |
| Answer» E. | |
| 2035. |
As per section 2(1)(b) of Consumer Protection Act 1986, "complainant" means |
| A. | a consumer |
| B. | any consumer association registered under the Companies Act, 1956 |
| C. | the Central Government or any State Government, |
| D. | All the above |
| Answer» E. | |
| 2036. |
The symptoms of stress can be divided in to the following categories |
| A. | Cognitive |
| B. | Emotional |
| C. | Physical |
| D. | All of the above |
| Answer» E. | |
| 2037. |
Which of the following reasons might a free market economic theorist use to justify the hostile takeover of a company? |
| A. | The takeover target company's stock is undervalued. That is evidence that the resources are being inefficiently used. |
| B. | The organization seeking to take over the target company will maximize profits for the stockholders and will be serving the public's interests because it is only by satisfying consumer (public) demand that a business can make profits. |
| C. | If the takeover target's managers are using their stockholders' money to serve interests other than those of the stockholders, they are stealing from them. |
| D. | All of the above. |
| Answer» E. | |
| 2038. |
Object of the central council is |
| A. | The right to be protected against the marketing of goods which are hazardous to life and property |
| B. | The right to informed about the quality, quantity, potency, purity, standard and price of goods so as to protect the consumer against unfair trade practices |
| C. | The right to be assured, wherever possible access to a variety of goods at competitive prices |
| D. | All the above |
| Answer» E. | |
| 2039. |
The following is (are) the objective(s) for studying work system. |
| A. | Increasing productivity |
| B. | Developing manpower effectiveness |
| C. | Both (A) and (B) |
| D. | None of the above |
| Answer» D. None of the above | |
| 2040. |
Which statement is true of Bowie's Kantian approach to business ethics? |
| A. | People have a duty both to not cause harm and to prevent harm. |
| B. | Both causing no harm and preventing harm override other ethical considerations. |
| C. | While it is ethically good for managers to prevent harm or do some good, their duty to stockholders overrides these concerns. |
| D. | A narrow interpretation of Bowie's "cause no harm" imperative makes the duties faced by management under the neo-classical model significantly different from the classical model. |
| Answer» D. A narrow interpretation of Bowie's "cause no harm" imperative makes the duties faced by management under the neo-classical model significantly different from the classical model. | |
| 2041. |
Which of the following is NOT a feature of Vedantic Management? |
| A. | The Purpose of Vedantic Management is achieving the goals of the organization. |
| B. | It does not require the organization to follow any ethical/ moral values. |
| C. | Corporate responsibility towards the society is a precondition for introducing Vedantic Management in an organization. |
| D. | It does not involve introducing any religion/ belief system in the management practices. |
| Answer» D. It does not involve introducing any religion/ belief system in the management practices. | |
| 2042. |
Building a sustainable environment includes |
| A. | developing a green supply chain |
| B. | omitting hazardous emissions |
| C. | both a & b |
| D. | writing a code of ethics |
| Answer» D. writing a code of ethics | |
| 2043. |
The basic QWL intervention involves……………. |
| A. | individual incentives. |
| B. | organizational restructuring. |
| C. | team efforts. |
| D. | new technology. |
| Answer» D. new technology. | |
| 2044. |
Which of the following statements is decisive in determining whether or not to study business ethics? |
| A. | Business managers don’t need to study ethics in order to know how to treat employees, shareowners, and customers. |
| B. | Business and ethics simply don’t mix. In the final analysis, self-interest represented by profit overrides the interests of employees, customers, and communities. Opinion and sentiment get in the way of efficient business decision-making. |
| C. | Ethical concerns are as unavoidable in business as are concerns of marketing, accounting, finance, and human resources. Formal study of business ethics helps address these concerns so that decisions of right and wrong may be made deliberately. and conscientiously |
| D. | The |
| Answer» D. The | |
| 2045. |
The Consumer protection act 1986 enacted in |
| A. | 24 Oct 1986 |
| B. | 24 Oct 1987 |
| C. | 24 Aug 1986 |
| D. | 15 June 1986 |
| Answer» B. 24 Oct 1987 | |
| 2046. |
Jobs are set of |
| A. | Micromotions |
| B. | Elements |
| C. | Tasks |
| D. | None of the above |
| Answer» D. None of the above | |
| 2047. |
The consumers have an implied_____________ with the corporations |
| A. | Quasi Contract |
| B. | Social Contract |
| C. | Legal Contract |
| D. | None of the above |
| Answer» C. Legal Contract | |
| 2048. |
What is meant by a 'codification approach' to knowledge management activities? |
| A. | Where workers share their tacit knowledge with other people. |
| B. | Where no structured approach to knowledge management is in place. |
| C. | The use of IT systems where employees codify their own knowledge and use systems to search for knowledge they don't possess. |
| D. | All of the above |
| Answer» D. All of the above | |
| 2049. |
TQM & ISO both focuses on |
| A. | Customer |
| B. | Employee |
| C. | Supplier |
| D. | All of the above |
| Answer» B. Employee | |
| 2050. |
What is Ethics to do with? |
| A. | Nothing |
| B. | The wider community |
| C. | Business |
| D. | Right and wrong |
| Answer» E. | |