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Bihar Board Class 12 (Commerce) Social Responsibility of Business and Business Ethics — practice questions
52 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.
Practice Bihar Board Class 12 (Commerce) Social Responsibility of Business and Business Ethics in the app →Social responsibility requires business to act in line withCompared with legal duty, social responsibility isWhat separates social from legal responsibility?Which is a socially undesirable practice?Which practice is socially desirable?What share of average profit is CSR spend under the 2013 Act?The CSR rules require a company's CSR committee to include at least oneWhich spending would NOT qualify as CSR under the Indian rules?Which activities of a company get counted as CSR under the Act?The indicative CSR activities for companies are specified in which part of the Companies Act?The new CSR rules became applicable from which fiscal year?Seeing profit as an outcome of service supports which view?Avoiding new laws by voluntary action is which argument?Business holding talent and capital is which argument?Blaming business for creating social ills is which argument?Fewer social problems help a firm operate. Which argument?Which is an argument against social responsibility?Passing pollution control costs to buyers is calledWhich argument says business people lack training to solve social problems?Public dislike of business in social work is calledThe principle of caveat emptor has been replaced by which principle due to consumer consciousness?The words 'let the buyer beware' express which principle?The labour movement pushed firms to give up which policy towards workers?Fear of action against irresponsible firms is calledProfessional managers care more aboutHow many categories of social responsibility of business are there?Producing goods society wants and selling them at a profit is which kind of responsibility?Respecting religious sentiments in advertising isHelping people affected by floods or earthquakes is an example of which responsibility?Law-abiding conduct is which responsibility?Giving a fair return on capital and regular, accurate information is a responsibility towardsRespecting the right of workers to form unions is a responsibility towardsTaking precaution against adulteration and misleading advertising is a responsibility towardsPaying taxes regularly and honestly is a responsibility towardsEnvironment is defined as the totality of what?Which sector is described as a major generator of waste in both quantity and toxicity?Carbon monoxide from automobiles mainly contributes to which kind of pollution?Dumping of toxic wastes on land damages quality and leads to which pollution?Loss of hearing and malfunctioning of the heart can result from which pollution?Dumping of chemicals and waste into rivers and lakes causes which pollution?A firm installs pollution control devices to avoid paying compensation to affected people. This is the case ofLess waste and lower disposal and plant cleaning costs is which benefit of pollution control?A firm known for controlling wastes is seen as socially responsible. Which benefit is this?Controlling pollutants at the source by changing the production process is which approach?Which is a business step for environmental protection?Which law of 1986 protects the environment?The Wildlife Protection Act was enacted in which year?The word 'ethics' is traced to a Greek word meaningWhich is an example of business ethics?A written document laying down an organisation's ethical rules is calledWhich element of business ethics requires the CEO to openly back ethical conduct?Audits and reporting systems for unethical acts are