Social Responsibilities of Business and Business Ethics

Social responsibility is:

• Same as legal responsibility

• Broader than legal responsibility

• Narrower than legal responsibility

• None of them

If business is to operate in a society which is full of diverse and complicated problems ,it may have

• Little chance of success

• Great chance of success

• Little chance of failure

• No relation with success or failure

Carbon monoxide emitted by automobiles directly contributes to

• Water pollution

• Noise pollution

• Land pollution

• Air pollution

___________is one important reason due to which business enterprises feels concerned with social responsibility

• development of social standard for business

• threat of public regulation

• impact of consumer consciousness

• lack of board public support

Every business has a responsibility to operate within the laws of the land

• legal responsibility

• ethical responsibility

• responsibility towards the consumers

• discretionary responsibility

___________ is a serious issue that confronts business managers and decision making

• pollution

• protection of the environment

• social responsibility

What are the arguments for social responsibility

• long-term interest of the firm

• development of social standard for business

• improve public image

• development of business education

Which of the following can explain the need for pollution control?

• Cost savings

• Reduced risk of liability

• Reduction of health hazards

• All of them

Environmental protection can best be done by the efforts of

• Business people

• Government

• Scientists

• All the people

Dumping toxic wastes on land, which in turn damages

• noise pollution

• air pollution

• land pollution

• water pollution