• 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
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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
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
Transcribed Image Text: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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