15. Business ethics is a dynamic philosophy of ---- economic adjustment whose field is wideningday-by-dayA. SocioB. PoliticalC. HistoricalD. Traditional16.The social responsibility of business towards the owners of business includesA. Maximum ROI.B. Report about progress.C. Report of Profit.D. All of the above.17. CSR that extends beyond legal mandates can help meet social expectations in the absence of:A. Statutory devices.B. Social toolC. Cost tool & techniqueD. Science tool18. The relationship between standards of CSR & potential legal requirements governingcorporate operation lies at the heart of theA. The business community.B. UnattainableC. FormulationD. The social activity.19. The argument for CSR involvesA. Recognition of moral obligations by business.B. Need to balance power with responsibility.C. Voluntary actions would prevent government regulations.D. All of the above20. The spending on CSR activity is mandatory in India for following organizations:A. 3% spending for above 5 cr profit organizations.B. 2% spending for above 5 cr profit organizations.C. 1% spending for above 5 cr profit organizations.D. Some spending on above 5cr profit organizations

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• 15. Business ethics is a dynamic philosophy of ---- economic adjustment whose field is widening day-by-day A. Socio B. Political C. Historical D. Traditional

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Question

15. Business ethics is a dynamic philosophy of ---- economic adjustment whose field is widening
day-by-day
A. Socio
B. Political
C. Historical
D. Traditional
16.
The social responsibility of business towards the owners of business includes
A. Maximum ROI.
B. Report about progress.
C. Report of Profit.
D. All of the above.
17. CSR that extends beyond legal mandates can help meet social expectations in the absence of:
A. Statutory devices.
B. Social tool
C. Cost tool & technique
D. Science tool
18. The relationship between standards of CSR & potential legal requirements governing
corporate operation lies at the heart of the
A. The business community.
B. Unattainable
C. Formulation
D. The social activity.
19. The argument for CSR involves
A. Recognition of moral obligations by business.
B. Need to balance power with responsibility.
C. Voluntary actions would prevent government regulations.
D. All of the above
20. The spending on CSR activity is mandatory in India for following organizations:
A. 3% spending for above 5 cr profit organizations.
B. 2% spending for above 5 cr profit organizations.
C. 1% spending for above 5 cr profit organizations.
D. Some spending on above 5cr profit organizations

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