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Exploring Business Ethics and CSR

Authored by shivani balu

Other

12th Grade

Used 3+ times

Exploring Business Ethics and CSR
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24 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of business ethics?

Business ethics is the analysis of market competition strategies.

Business ethics refers to the legal regulations governing corporations.

Business ethics is the study of proper business policies and practices regarding potentially controversial issues.

Business ethics is the study of financial accounting practices.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is corporate social responsibility (CSR) important for businesses?

Corporate social responsibility (CSR) is important for businesses as it improves reputation, builds customer loyalty, attracts talent, mitigates risks, and enhances financial performance.

CSR is only important for large corporations.

CSR has no impact on employee satisfaction.

CSR is primarily a marketing tool without real benefits.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

List three key drivers of CSR in modern businesses.

Increased employee turnover

Limited market reach

1. Stakeholder expectations 2. Regulatory requirements 3. Competitive advantage

Higher operational costs

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the major codes of conduct related to CSR?

Maximizing profits at all costs

Disregarding employee rights

Major codes of conduct related to CSR include ethical business practices, environmental sustainability, respect for human rights, fair labor practices, and community engagement.

Ignoring environmental regulations

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Name one significant CSR initiative taken by a company in India.

Tata Water Mission

Infosys Digital Literacy Initiative

Reliance Green Energy Program

Wipro's Clean Water Project

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do ethical principles influence marketing strategies?

Ethical principles have no impact on marketing strategies.

Marketing strategies are solely based on profit maximization.

Ethical principles influence marketing strategies by promoting honesty, transparency, and respect for consumer rights, which enhance brand reputation and customer loyalty.

Ethical principles are only relevant in non-profit organizations.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role does consumer protection play in business ethics?

Consumer protection limits business growth and innovation.

Consumer protection is irrelevant to ethical business practices.

Consumer protection only benefits large corporations.

Consumer protection plays a crucial role in promoting ethical business practices and ensuring fair treatment of consumers.

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