CBSE Class 11 Business Studies Social Responsibility MCQs Set B

Question: If business is to operate in a society which is full of diverse and complicated problems then it may have:
a) More chances to grow
b) More profits
c) Little chance of success
d) Little chance of loss
Answer: c

Question: Environment Protection Act 1986, was introduced during the tenure of
a) Indira Gandhi Government
b) Rajiv Gandhi Government
c) Morarji Desai Government
d) Atal Bihari Vajpayee Government
Answer: b

Question: Some social responsibilities require huge financial investments and business firms charge higher prices of goods from customers to overcome the needs of such financial investments. This is stated under which heading of arguments against social responsibility?
a) Lack of social skills
b) Lack of broad public support
c) Burden on consumers
d) Violation of profit maximisation objective
Answer: c

Question: A business owned highest elegance to whom?
a) Responsibility toward customer
b) Responsibility toward society
c) Responsibility toward shareholders
d) Responsibility toward government
Answer: b

Question: Responsibility towards the government is _________
a) Safety of investments provided by shareholders
b) Pay taxes regularly and honestly
c) Supply of goods at a reasonable price to consumers
d) None of the options
Answer: b

Question: Which of the following does not contribute to the development of a manager’s standard of ethics?
a) competitor behaviours
b) society’s norms and values
c) individual life experiences
d) environmental situations
Answer: a

Question: The word ‘Ethics’ has its origin in the________
a) Greek Word
b) British Word
c) Indian Word
d) Latin Word
Answer: a

Question: Although it is difficult to measure the end of ethical programmes , the firms can audit to monitor compliance with ethical standards. Is related to which element of business ethics:
(a )Establishment of compliance mechanism
b) Measuring results
c) Involving employees at all levels
d) Top management commitment
Answer: b

Question: Advantage of social responsibility is
a) Long-term benefit of the firm
b) Avoidance of government regulation
c) Converting problems into opportunities
d) All of the options
Answer: c

Question: Social Responsibility of business refers to its obligation to take those decisions and perform those actions which are desirable in terms of ____________ of our society.
a) Profit and Gain
b) Objectives and values
c) Losses and harms
d) risks and threats
Answer: b

Question: Ethics deals with the right actions of individuals.” Who said?
a) Peter F. Drucker
b) C. S. Rao
c) J. R. Betty
d) C. Zahe
Answer: a

Question: Business people have the skill to involve
a) Some social problems,
b) All economic problems.
c) No social problems
d) All social problems
Answer: a

Question: Business ethics is the study of……… where issues of right and wrong are addressed.
a) Business situations
b) business activities
c) Business decisions
d) All of the options
Answer: a

Question: Running of factories and vehicles cause _________
a) Land pollution
b) Water Pollution
c) Noise Pollution
d) None of the options
Answer: c

Question: Which of the following social responsibility acts as a safeguarding against capital investment?
a) Economic responsibility
b) Discretionary responsibility
c) Ethical responsibility
d) Legal responsibility
Answer: b

Question: Working capital is raised through
a) All of the options.
b) Commercial paper
c) Factoring
d) Trade credit
Answer: a

Question: Equity shareholders are called
a) Owners of the company
b) Partners of the company
c) Guardian of the company
d) Executives of the company
Answer: a

Question: The public image of any firm would also be improved when it supports:
a) social goals
b) legal goals
c) economic goals
d) political goals
Answer: a

Question: The need for social responsibility arises due to the ______
a) Firm’s interest
b) Interest of society
c) Both firm’s and society interest
d) None of the options
Answer: c

Question: Maximum good to society can be ensured by following which concept?
a) Profit Maximisation
b) Ethics
c) Professional Management
d) Laws and regulations
Answer: b

Question: The hand-of-government refers to the
a) ability of the government to interfere in business negotiations
b) role of corporations to be profitable within the law
c) effect of national politics on business decisions
d) impact of changing government regulations
Answer: d

Question: Social Responsibility is:
a) same as Legal Responsibility
b) Broader than social responsibility
c) Narrow term then Legal Responsibility
d) Parallel to Social Responsibility
Answer: b

Question: Direction: In the questions given below are two statements labelled as Assertion a) and Reason (R). In the context of the two statements, which one of the following is correct?
Assertion (A) Business services because of the hard work of workers.
Reason (R) The worker must also get fair wages. Codes
a) Both A and R are true and R is the true explanation of A
b) Both A and R are true, but R is not the correct explanation of A
c) A is true, but R is false
d) A is false, but R is true
Answer: c

Fill in the Blanks:

Question: The company provide the regular, accurate, full information related to its future growth is the company, is it responsibility towards whom _________ .
Answer: shareholders

Question: It is difficult to accurately measure the __________ of ethics programmes.
Answer: End results

Question: Social responsibility is a broader concept than _________ Responsibility.
Answer: Legal

Question:The assumption of social responsibility by business enterprises implies that they respect the aspiration of __________.
Answer: Society

Question: Some people have unclear belief that a firm’s only responsibility is towards its __________.
Answer: Owners

True / False:

Question: Better environment for doing the business is one of the basis for the social responsibility.
Answer: True

Question: Yearly assessment of pollution control in terms of risk and benefit is done to increase the progress with respect to environmental protection.
Answer: False

Question: Complying with the laws and regulations enacted by government for prevention of pollutionis voluntary.
Answer: False

Question: Emphasizing corporate ethics in training is an example of establishment of compliance mechanism.
Answer: True

All Business ethics is important for non-managerial employees. F

Match the following:

Question: Match the coloums on the basis of social responsibility& their related interest groups.
1. Community           a) Giving the regular basis of good condition environment
2. Employees           b) Protect the natural environment and avoid bad, effluent , smoking conditions
                                 c) Misleading of advertisement, adulteration, false information to the people
Answer: 1-b, 2-a

Question: Match the type of pollution with the relevant causes.
1. Land pollution            a) Industrial & commercial activities done by business man.
2. Air pollution                b) Dumping of toxic wastes on land.
                                      c) Smoking, chemicals, of manufacturing plants created a hole in the ozone layer,
                                           which is created the pollution.
Answer: 1-b, 2-c

Question: Match the following concepts.
1. Noise pollution              a) Dealing with the fair wages & fair dealing from the management.
2. Responsibility
towards workers               b) It is the responsibility to operate within the laws of the land.
                                         c) It is the created through malfunctioning of health, mental disorder & loss of
                                             hearing.
Answer: 1-c, 2-a

Question: Match the following statements with the given arguments for social responsibility.
1. Business can avoid the problem of government regulation
    by voluntarily assuming social responsibility.                                                       a) maintenance of society
2. Business has a pool of managerial talents and capital resources,                      b) avoidance of government regulation.
Supported by years of experience in organizing business Activities.         
                                                                                                                                 c) availability of resources
                                                                                                                                      with business.
Answer: 1-b, 2-c

Question: Match the following socially irresponsible behavior with the stakeholders:
1. A company is charging Rs 35 for mineral water whereas the actual cost is Rs 20                 a) workers
2. In order to save tax the company decided not to declare their actual tax paying amount.     b) consumers
                                                                                                                                                    c) government
Answer: 1-b, 2-c

Pictorial Questions:

Question: Identify of the element of business ethics which is violated here?

Answer: establishment of compliance mechanism

Question: Which element of business ethics is this? Identify

Answer: Top management commitment

Question: Identify the argument for social responsibility based on the given picture.

Answer: Maintenance of society

Question: Identify the unsatisfied stake holders shown in the picture.

Answer: Workers

Question: Give one of the measures to be taken by a business enterprise to control the type of pollution shown in the picture.

Answer: Use of non polluting techniques of production.