Question 1

What are the three Phases of Transformation?

Accepted Answer

A) Automation, Enhancement, Redefinition 
B) Automation, Reevaluation, Redefinition 
C) Reevaluation, Redefinition, Implementation 
D) Discontinuing, Replanning, Reshaping 
A) Automation, Enhancement, Redefinition 
B) Automation, Reevaluation, Redefinition 
C) Reevaluation, Redefinition, Implementation 
D) Discontinuing, Replanning, Reshaping A

Question 2

Actions or policies should be evaluated on the basic of producing greater good in the society" is the fundamental of which moral theory?

Accepted Answer

A) Utilitarian theory 
B) Theory of justice 
C) Ethics of care 
D) Theory of rights 
A) Utilitarian theory 
B) Theory of justice 
C) Ethics of care 
D) Theory of rights A

Question 3

Who can make regulations under Consumer Protection Act related with the provisions of this act with the prior approval of Central Govt.

Accepted Answer

A) Central Consumer Protection Council 
B) Ministry of Affairs 
C) Supreme Court of India 
D) National Consumer Dispute Redressal Commission 
A) Central Consumer Protection Council 
B) Ministry of Affairs 
C) Supreme Court of India 
D) National Consumer Dispute Redressal Commission D

Question 4

Which of he following is a standardised approach to Corporate Sustainability Reporting?

Accepted Answer

A) GRI 
B) Universal Declaration of Human Rights 
C) UNHCR Global Pact 
D) UN Global Compact 
A) GRI 
B) Universal Declaration of Human Rights 
C) UNHCR Global Pact 
D) UN Global Compact

Question 5

Identify the Principle(s) of achieving competitive success in business.

Accepted Answer

A) Focus on Short Term Rewards first and then consider Long term rewards 
B) Focus on constant and never ending improvement 
C) Always focus on Profit first then on service 
D) Set Realistic Goals and Expectations 
A) Focus on Short Term Rewards first and then consider Long term rewards 
B) Focus on constant and never ending improvement 
C) Always focus on Profit first then on service 
D) Set Realistic Goals and Expectations

Question 6

The ethical roots of the classical model of corporate social responsibility are found in which of the following statement?

Accepted Answer

A) The idea that the interests of stakeholders are as important as the interests of a corporation's stockholders. 
B) The ethical imperative to cause no harm. 
C) The free market theory which holds that managers are ethically obliged to make as much money as possible for their stockholders because to do otherwise would undermine the very foundations of our free society 
D) The ethical imperative to prevent harm 
A) The idea that the interests of stakeholders are as important as the interests of a corporation's stockholders. 
B) The ethical imperative to cause no harm. 
C) The free market theory which holds that managers are ethically obliged to make as much money as possible for their stockholders because to do otherwise would undermine the very foundations of our free society 
D) The ethical imperative to prevent harm

Question 7

------ may be defined as the enhancement of long-term shareholders while at the same time protecting the interests of other stakeholders.

Accepted Answer

A) Business ethics 
B) CSR 
C) Cultural relativism 
D) Corporate governance 
A) Business ethics 
B) CSR 
C) Cultural relativism 
D) Corporate governance

Question 8

What best describes CSR?

Accepted Answer

A) The duty of care a corporation has towards its employees and customers. 
B) A Corporation's requirement to make as much as profit possible 
C) A Corporation's obligation to society that goes the requirements of law economics to take into account the social and environmental impact of its decisions. 
D) A Corporation's obligation to consider the impact of its decisions on the environment. 
A) The duty of care a corporation has towards its employees and customers. 
B) A Corporation's requirement to make as much as profit possible 
C) A Corporation's obligation to society that goes the requirements of law economics to take into account the social and environmental impact of its decisions. 
D) A Corporation's obligation to consider the impact of its decisions on the environment.

Question 9

The Consumer Protection Act provides relief to customers such as replacement of product, removal of defect in the product, compensation for any loss or injury suffered by the consumer. Which consumer right has been highlighted in this statement.

Accepted Answer

A) Right to Safety 
B) Right to Seek Redressal 
C) Right to be informed 
D) Right to consumer education 
A) Right to Safety 
B) Right to Seek Redressal 
C) Right to be informed 
D) Right to consumer education

Question 10

Which is not one of the natures of ethics?

Accepted Answer

A) Focus on human values 
B) Social work 
C) Branch of philosophy 
D) Applies moral principles 
A) Focus on human values 
B) Social work 
C) Branch of philosophy 
D) Applies moral principles

Question 11

Social Progress Indicators for Society are………….

Accepted Answer

A) Access to Education 
B) Supportive Government Policies 
C) Political Democracy 
D) Quality Education 
A) Access to Education 
B) Supportive Government Policies 
C) Political Democracy 
D) Quality Education

Question 12

The ___________ should get full information about long-term plans, budgets, competitive developments, quarterly results, etc.

Accepted Answer

A) board of directors 
B) shareholders 
C) customers 
D) government 
A) board of directors 
B) shareholders 
C) customers 
D) government

Question 13

"Renewing" in Business Transformation Model is associated with........ of the organisation.

Accepted Answer

A) Mind 
B) Body 
C) Spirit 
D) Environment 
A) Mind 
B) Body 
C) Spirit 
D) Environment

Question 14

Which of the following statements is false about responsibilities of a consumer:

Accepted Answer

A) Consumer must follow the instructions and use the product safety. 
B) Consumer must ask for cash memo i.e proof of purchase 
C) Consumer must file a complaint in a consumer court even if the amount of loss is small. 
D) A consumer must encourage unethical practices like black marketing, hoarding etc. 
A) Consumer must follow the instructions and use the product safety. 
B) Consumer must ask for cash memo i.e proof of purchase 
C) Consumer must file a complaint in a consumer court even if the amount of loss is small. 
D) A consumer must encourage unethical practices like black marketing, hoarding etc.

Question 15

From the point of view of business which one of the following is a reason because of which consumer protection is important?

Accepted Answer

A) Dynamic Environment 
B) Fast Technological Development 
C) Government intervention 
D) Competitive Marke 
A) Dynamic Environment 
B) Fast Technological Development 
C) Government intervention 
D) Competitive Marke

Question 16

Which of the following statement is False?

Accepted Answer

A) Any business takes inputs from industry, does its processing and provides the outputs to the same society. 
B) Any business takes inputs from society, does its processing and provides the outputs to the same society. 
C) Corporate social responsibility activities and programmes are now quite an integral part of organisational objectives. 
D) Social responsibilities refer to business man's decisions and actions taken for reasons at least partially beyond the firm's direct economic or technical interest. 
A) Any business takes inputs from industry, does its processing and provides the outputs to the same society. 
B) Any business takes inputs from society, does its processing and provides the outputs to the same society. 
C) Corporate social responsibility activities and programmes are now quite an integral part of organisational objectives. 
D) Social responsibilities refer to business man's decisions and actions taken for reasons at least partially beyond the firm's direct economic or technical interest.

Question 17

Identify the External factors that demand for Organisational Transformation.

Accepted Answer

A) Employee Turnover Ratio 
B) Social Changes 
C) Changing behaviour and Values of work force 
D) Deficiencies in the existing organisational structure 
A) Employee Turnover Ratio 
B) Social Changes 
C) Changing behaviour and Values of work force 
D) Deficiencies in the existing organisational structure

Question 18

The Top Management of company starts the Transformation Process with the "Creation of a Vision" that is shared by everybody in the company. Shared vision consists of all except...........

Accepted Answer

A) Shared Values 
B) Shared Purposes 
C) Shared Results 
D) Shared Relationships 
A) Shared Values 
B) Shared Purposes 
C) Shared Results 
D) Shared Relationships

What are the three Phases of Transformation?

Actions or policies should be evaluated on the basic of producing greater good in the society" is the fundamental of which moral theory?

Who can make regulations under Consumer Protection Act related with the provisions of this act with the prior approval of Central Govt.

Which of he following is a standardised approach to Corporate Sustainability Reporting?

Identify the Principle(s) of achieving competitive success in business.

The ethical roots of the classical model of corporate social responsibility are found in which of the following statement?

------ may be defined as the enhancement of long-term shareholders while at the same time protecting the interests of other stakeholders.

What best describes CSR?

The Consumer Protection Act provides relief to customers such as replacement of product, removal of defect in the product, compensation for any loss or injury suffered by the consumer. Which consumer right has been highlighted in this statement.

Which is not one of the natures of ethics?

Social Progress Indicators for Society are………….

The ___________ should get full information about long-term plans, budgets, competitive developments, quarterly results, etc.

"Renewing" in Business Transformation Model is associated with........ of the organisation.

Which of the following statements is false about responsibilities of a consumer:

From the point of view of business which one of the following is a reason because of which consumer protection is important?

Which of the following statement is False?

Identify the External factors that demand for Organisational Transformation.

The Top Management of company starts the Transformation Process with the "Creation of a Vision" that is shared by everybody in the company. Shared vision consists of all except...........

Business Ethics: Key Principles, Safeguards, and Challenges

Ethics, Corporate Governance, and Stress Management: Exploring Important Concepts in Business

Positive Stressors, Anxiety, and Stress: Understanding the Effects and Coping Strategies

Business Ethics and Leadership

Advertising, Corporate Governance, Social Responsibility, and Information Technology

Consumer Protection Act, Business Ethics, and Ethical Decision Making

Management and Organizational Concepts and Practices

Ethics, Knowledge Management, and Stress Management: Exploring Key Concepts and Practices in Business

Business Ethics and Corporate Social Responsibility: Exploring Motivation, Culture, and Governance

Filters

Exam 8: Business Transformation, Social Progress, Change Process

What are the three Phases of Transformation?

Actions or policies should be evaluated on the basic of producing greater good in the society" is the fundamental of which moral theory?

Who can make regulations under Consumer Protection Act related with the provisions of this act with the prior approval of Central Govt.

Which of he following is a standardised approach to Corporate Sustainability Reporting?

Identify the Principle(s) of achieving competitive success in business.

The ethical roots of the classical model of corporate social responsibility are found in which of the following statement?

------ may be defined as the enhancement of long-term shareholders while at the same time protecting the interests of other stakeholders.

What best describes CSR?

The Consumer Protection Act provides relief to customers such as replacement of product, removal of defect in the product, compensation for any loss or injury suffered by the consumer. Which consumer right has been highlighted in this statement.

Which is not one of the natures of ethics?

Social Progress Indicators for Society are………….

The ___________ should get full information about long-term plans, budgets, competitive developments, quarterly results, etc.

"Renewing" in Business Transformation Model is associated with........ of the organisation.

Which of the following statements is false about responsibilities of a consumer:

From the point of view of business which one of the following is a reason because of which consumer protection is important?

Which of the following statement is False?

Identify the External factors that demand for Organisational Transformation.

The Top Management of company starts the Transformation Process with the "Creation of a Vision" that is shared by everybody in the company. Shared vision consists of all except...........

Business Ethics: Key Principles, Safeguards, and Challenges

Ethics, Corporate Governance, and Stress Management: Exploring Important Concepts in Business

Positive Stressors, Anxiety, and Stress: Understanding the Effects and Coping Strategies

Business Ethics and Leadership

Advertising, Corporate Governance, Social Responsibility, and Information Technology

Consumer Protection Act, Business Ethics, and Ethical Decision Making

Management and Organizational Concepts and Practices

Ethics, Knowledge Management, and Stress Management: Exploring Key Concepts and Practices in Business

Business Ethics and Corporate Social Responsibility: Exploring Motivation, Culture, and Governance

Filters