1.To promote national integration is the responsibility of business towards ___________.
(a) Community
(b) Government
(c)Employees
(d)Investors
2.To develop faith and trust in business by assuming various social responsibilities creates
__________ for the business.
(a) Problems
(b) Chaos
(c)Cost
(d)Goodwill
3.The business can ensure environmental protection by adopting deforestation. Sewage disposal
is a technique that could be adopted by businesses for environmental protection.
(a) Both statements are correct
(b) Both statements are incorrect
(c)First statement is true, second is false
(d)First statement is false, second is true
4.By abiding by the various acts and provisions of law, the business can avoid government
interference. Lack of government interference can be fruitful in the long-term interest of the firm.
(a) Both statements are correct
(b) Both statements are incorrect
(c)First statement is true, second is false
(d)First statement is false, second is true
5.Match the following:
1.Helping people affected by calamity a. Economic
2.Producing for earning profit b. Discretionary
3.Respecting religious sentiments c. Ethical
(a) 1-c, 2-b, 3-a
(b) 1-a, 2-c, 3-b
(c)1-b, 2-c, 3-a
(d)1-b, 2-a, 3-c
6.Pick the odd one out:
(a) Ethical
(b) Economical
(c)Political
(d)Discretionary
7.Pick the odd one out:
(a) Government interference
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(b) Moral justification
(c)Social power
(d)Public image
8.Assertion: Like an individual, a business enterprise should also be a loyal citizen of the state.
Reason: The business is also a part of the system. It makes use of the resources of society.
(a) Assertion is correct, reason is not.
(b) Assertion is incorrect, reason is correct.
(c)Assertion and reason both are correct.
(d)Assertion and reason both are incorrect.
9.Assertion: Businesses must procure supplies from large enterprises.
Reason: Large enterprises earning economies of scale can provide more discounts and
contribute towards balanced regional development.
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(a) Assertion is correct, reason is not
(b) Assertion is incorrect, reason is correct.
(c)Assertion and reason both are correct.
(d)Assertion and reason both are incorrect.
10.When business firms use eco-friendly methods of production, then they are performing social
responsibilities towards which group?
(a) Customer
(b) Employees
(c)Community
(d)Shareholders
11.Match the following:
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1.Release of carbon monoxide a. Air pollution
2.Sewage disposal in rivers b. Noise pollution
3.Use of loud machines c. Water pollution
(a) 1-c, 2-b, 3-a
(b) 1-a, 2-c, 3-b
(c)1-b, 2-c, 3-a
(d)1-b, 2-a, 3-c
12.To protect and assist small-scale suppliers by placing orders with them is the responsibility of
the business towards ___________.
(a) Community
(b) Government
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(c)Employees
(d)Suppliers
13.Providing fair compensation and safe working conditions, is related to social responsibilities
towards:
(a) Customer
(b) Employees
(c)Community
(d)Shareholders
14.Social responsibility requires managers to consider whether their action is likely to promote
the public good. CSR is now mandatory for companies with high turnover.
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(a) Both statements are correct
(b) Both statements are incorrect
(c)First statement is true, second is false
(d)First statement is false, second is true
15.To design and develop products keeping in mind the needs and requirements of the
customers is responsibility of the business towards ___________.
(a) Community
(b) Consumers
(c)Employees
(d)Suppliers
