MCQ Questions Chapter 6 Social Responsibilities of Business and Business Ethics Class 11 Business Studies

MCQ Class 11

Please refer to MCQ Questions Chapter 6 Social Responsibilities of Business and Business Ethics Class 11 Business Studies with answers provided below. These multiple-choice questions have been developed based on the latest NCERT book for class 11 Business Studies issued for the current academic year. We have provided MCQ Questions for Class 11 Business Studies for all chapters on our website. Students should learn the objective based questions for Chapter 6 Social Responsibilities of Business and Business Ethics in Class 11 Business Studies provided below to get more marks in exams.

Chapter 6 Social Responsibilities of Business and Business Ethics MCQ Questions

Please refer to the following Chapter 6 Social Responsibilities of Business and Business Ethics MCQ Questions Class 11 Business Studies with solutions for all important topics in the chapter.

MCQ Questions Answers for Chapter 6 Social Responsibilities of Business and Business Ethics Class 11 Business Studies

Question. Unethical behaviour is often triggered by
(a) pressure from higher management to achieve goals
(b) an organizational atmosphere that condones such behaviour
(c) both (a) & (b)
(d) a system of checks and balances  

Answer

C

Question. It includes the behavior of the firm expected by the society but not codified by law. Identify the category of social responsibility referred here.
(a) Economic Responsibility
(b) Ethical Responsibility
(c) Legal Responsibility
(d) All of the above

Answer

B

Question. A business enterprise has the responsibility to provide a fair return to the ______
(a) Shareholders 
(b) Customers
(c) State Government
(d) None of the above

Answer

A

Question. That an enterprise must behave as a good citizen is an example of its responsibility towards
(a) Owners
(b) Workers
(c) Consumers
(d) Community

Answer

D

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. Primary responsibility of a business is to produce goods and services that society wants and sell them at a profit. This is called ____________
(a) Legal responsibility
(b) Personal responsibility
(c) Economic responsibility
(d) None of these

Answer

C

Question. According to_________argument against social responsibility, businessmen do not have the necessary understanding and training to solve social problems:
(a) Violation of profit maximisation objective
(b) Burden on consumers
(c) Lack of broad public support
(d) Lack of social skills

Answer

D

Question. Business ethics is………
(a) Voluntary
(b) involuntary
(c) Compulsory
(d) None of these

Answer

B

Question. Which is the approach to corporate planning?
(a) Customers and workers satisfaction
(b) Planning skills
(c) Optimising
(d) All of the above

Answer

D

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

Answer

A

Question. Which business do not have social responsibility towards the customers:
(a) Making availability of good quality goods at the proper rate
(b) Disclosing truth in advertisement
(c) Providing share in profit
(d) No adulteration in the goods.

Answer

C

Question. Which of the following are examples of socially desirable practices:
(a) Supplying good quality goods
(b) Creating healthy working conditions
(c) Honestly paying taxes
(d) All of these

Answer

D

Question. Every business has a responsibility to operate within the laws of the land as per the ______
(a) Legal responsibility
(b) Financial responsibility
(c) Economic responsibility
(d) None of the above

Answer

A

Question. The enterprise must respect the democratic rights of the workers to form________, is a responsibility of the business firms towards its workers:
(a) Group
(b) Center
(c) Union
(d) Building

Answer

C

Question. Need for social responsibility is
(a) For serving the interest of society
(b) For getting moral understanding
(c) For getting help in addressing legal, ethical and commercial issues well
(d) All of the above  

Answer

B

Question. ADRs are issued in
(a) USA
(b) China
(c) India
(d) Canada

Answer

A

Question. The environmental analysis includes
(a) Political conditions
(b) Social factors
(c) Economic conditions
(d) All of the above

Answer

D

Question. The main cause of water pollution is ______
(a) Waste dumping
(b) Industrial waste
(c) Chemical
(d) All of the above

Answer

D

Question. Which of the following refers to the code or system for controlling means to serve human ends?
(a) Ethics
(b) Values
(c) Traditions
(d) Policy 

Answer

A

Question. An enterprise provides right of information about products to the consumers by
(a) Labelling
(b) Advertising
(c) Pricing
(d) All of the above 

Answer

A

Question. Right to information about the products produced is the responsibility towards which interest group?
(a) Employees
(b) government
(c) consumer
(d) shareholders 

Answer

C

Question. An organization must behave as a good citizen. This is an example of the responsibility towards:
(a) Owners
(b) workers
(c) Society
(d) Government

Answer

C

Question. Providing the right quality &quantity of goods & services to people in the society is the responsibility for which interest group?
(a) Employees
(b) community
(c) consumer
(d) government 

Answer

C

Fill in the Blanks:

Question. The workers should be ensured of fair wage and a fair __________ from the management. 

Answer

deal

Question. Business enterprise should create right kind of working conditions to the __________ to win their cooperation’s. 

Answer

workers

Question. A definite commitment by __________ management is required to create,maintain and develop work culture for environmental protection.

Answer

top

Question. One of the argument for the social responsibility states that “Social Responsibility helps in converting problems into __________.

Answer

Opportunities

Question. Supply of right quality and quantity of goods & services is the responsibility of business towards __________ .

Answer

consumers 

True / False:

Question. For purpose of pollution control, organisations should develop clear cut policies for purchasing raw material ,using scientific techniques for disposal and treatment of waste.

Answer

True

Question. Top level managers need to be openly and strongly committed to ethical conduct.

Answer

True

Question. The principle of caveat venditor has been substituted by caveat emptor

Answer

False

Question. Business is to operate in a society which is full of diverse and complicated problems.

Answer

True

Question. The word ‘ethics’ has its origin from the Latin word ‘ethics’.

Answer

False

Match the following:

Question. Match the following on the basis of difference between the two concepts:

1. Social responsibility(a) The objective and the values desired by the society
2. Legal Responsibility(b) Is performed for the purpose of profit maximization
(c) May be fulfilled by merely compliance of law
Answer

(1 – a), (2 – c)

Question. Match the following on the basis of arguments for the concept of Social Responsibility:

1. An Argument for the Social Responsibility(a) All firms not follow the social responsibility
2. Avoidance of Government Regulation(b) Long term interest of the firm
(c) Helps to reduce the need for new laws
Answer

(1 – b), (2 – c)

Question. Match the following on the basis of environmental and ethical issue of a business firm:

1. Better environment for doing business(a) “A society with fewer problems provides good
environment for a firm to conduct its business”.
2. Social responsibility ia an ethical issue(b) “Business system should do something to meet the need
before it is confronted with a situation”.
(c) Involves the question of what is morally right or wrong.
Answer

(1 – a), (2 – c)

Question. Match the column on the basis of various services and examples of social responsibility.

1. Service to the society(a) Is the highest goal to maximize Profits in the long run.
2. These are the examples/parts of
social Responsibility
(b) Is not at all required to follow by a business firm
(c) Paying Taxes, Fair Dealing with customers, etc.
Answer

(1 – a), (2 – c)

Question. Match the following social responsibility related to the stakeholder:

1. To maintain and develop work culture for environmental protection.(a) by educational workshop
2. Complying with the laws and regulations enacted for pollution Control.(b) by top management
(c) by government.
Answer

(1 – b), (2 – c)

Pictorial Questions:

Question. Identify the type of responsibility depicted from the picture above?

MCQ Questions Chapter 6 Social Responsibilities of Business and Business Ethics Class 11 Business Studies
Answer

Legal

Question. One of the concepts of Business is described in the picture. Identify that.

MCQ Questions Chapter 6 Social Responsibilities of Business and Business Ethics Class 11 Business Studies
Answer

Social Responsibility

Question. identify the element of business ethics from the picture below.

MCQ Questions Chapter 6 Social Responsibilities of Business and Business Ethics Class 11 Business Studies
Answer

Involving employees at all the levels.

Question. Towards which interest group the responsibility of a business firm is shown in the above picture?

MCQ Questions Chapter 6 Social Responsibilities of Business and Business Ethics Class 11 Business Studies
Answer

Government

Question.

MCQ Questions Chapter 6 Social Responsibilities of Business and Business Ethics Class 11 Business Studies

Which argument for the social responsibility is described through the above picture out of the following?
(a) Justification for existence and growth
(b) Avoidance of government
(c) Availability of resources with business
(d) Converting Problems into Opportunities

Answer

D

MCQ Questions Chapter 6 Social Responsibilities of Business and Business Ethics Class 11 Business Studies

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