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WorksheetsSOCIAL RESPONSIBILITY OF BUSINESS FIRMS
Total questions: 14
Worksheet time: 14mins
What is social responsibility?
Developing and promoting environmentally sound products and practices to gain a competitive edge
Doing business to meet the needs of the current generation, without harming the ability of future generations to meet their needs
The protection deliberately or promotion of the interests of consumers
An ethical theory, in which individuals are accountable for fulfilling their civic duty
One of the argument for the social responsibility states that “Social Responsibility helps in converting problems into (a)
Social responsibility is a broader concept than (a) Responsibility.
Ensuring safety of investment is the responsibility of an enterprise towards (a)
To generate more employment opportunities is the social responsibility of business towards (a)
Right to information about the products produced is the responsibility towards which interest group?
a)Employees
b) government
c) consumer
d) shareholders
“it is the concept of highest goal as ‘ services to society’ when a firm stand in a long run and earn maximum profits”. This statement relates to one of the arguments for society responsibility.
a) Maintenance of society
b) availability of resources
c) long term interest
d) better environment
__________ refers to the duty of a business to contribute to the well-being of a community
Conservation
Social Responsibility
Business Ethics
Worker Protection
Producing high-quality products is an example of what?
legal and illegal
legal and unethical
illegal and unethical
legal and ethical
