Practice Test

Q1) In market mechanism consumer is the ______. Show Answer

Q2) Business and society are _______. Show Answer

Q3) The business organisation should supply goods of _____ quality to their customers. Show Answer

Q4) Business ethics is a branch of _______ science. Show Answer

Q5) __________ should not be the goal of business enterprises. Show Answer

Q6) A business organisation is the part of ___________ Show Answer

Q7) Business enterprises should not make misuse of ______ Resources. Show Answer

Q8) Business is an activity which is motivated by ______. Show Answer

Q9) For a business __________ should be the means but not an end. Show Answer

Q10) To maintain industrial peace is the responsibility of ________. Show Answer

Q11) In order to improve the efficiency of workers they must be provided with _________ working conditions. Show Answer

Q12) To provide employment to the people on a massive scale is responsibility of business towards ________. Show Answer

Q13) ___________ is the main and inevitable economic objective of a business organization. Show Answer

Q14) Approach of modern business is ______ oriented. Show Answer

Q15) Satisfaction of social responsibility brings _______ image to the enterprise Show Answer

Q16) Shareholders are the _______ of the company. Show Answer

Q17) Businessmen are _______ of the society. Show Answer

Q18) Business organisations should supply goods of _________ quality. Show Answer

Q19) The businessman should _______ various taxes to the Government. Show Answer

Q20) ________ promotion is the act of promoting sports, games, art etc. Show Answer

Q21) An association of employees is known as _______. Show Answer

Q22) Values and norms laid down by the society are called as ________ values. Show Answer

Q23) ______ activities are motivated by profits. Show Answer

Q24) Commercial organisation adopt the responsibilities to pay ________ to their employess. Show Answer

Q25) Fulfilliment of social responsibility brings ________ image to the organisation. Show Answer

Q26) To maintain economic and social stability is the social responsibility towards _________. Show Answer

Q27) Business organisation are responsible to give _______ as fair returns on investment to the shareholder. Show Answer

Q28) Business ethicts deals with _______ in business organisation. Show Answer

Q29) Regular and prompt payment of taxes is the responsibility of a business towards _______ Show Answer

Q30) Business organisations have no social responsibilities. Show Answer

Q31) Business ethics is a tool development and social transformation. Show Answer

Q32) Good manners help to get customers. Show Answer

Q33) Reasonable margin of profit helps the businessmen to be away from unfair trade pratices. Show Answer

Q34) Business has economic and social obligations. Show Answer

Q35) The sole aim of all business organisations should be to earn maximum profits. Show Answer

Q36) Business records should be made available to all concerned. Show Answer

Q37) Social responsibility is beneficial to both business and society. Show Answer

Q38) A business unit can discharge social responsibilities only when it earn reasonable good profit. Show Answer

Q39) Businessmen who pay taxes regularly should not worry about social responsibility. Show Answer

Q40) Business enterprises are concerned with their welfare and not with social welfare. Show Answer

Q41) Business can serve with the support of society. Show Answer

Q42) Business ethic gives the idea of fair trade practice to the businessmen. Show Answer

Q43) Business is a ____ activity. Show Answer

Q44) Business organisation should try to make ____ utilisation of natural resources. Show Answer

Q45) For economic growth and national security ____ stability is required. Show Answer

Q46) Making timely payment of proper taxes is the responsibility of organisation towards ____. Show Answer

Q47) Businessmen are ____ of the society. Show Answer

Q48) Business should provide periodic information to ____. Show Answer

Q49) Business should offer adequate opportunities of promotion to their ____. Show Answer

Q50) The term 'Ethics' is derived from the ____ word 'Ethos' which means character. Show Answer

Q51) Buisness ethics refers to the ____ system of principles. Show Answer

Q52) Business organisation should protect health and provide safety measures to ____. Show Answer

Q53) At least ____% of the average net profit should be spent on C.S.R. Show Answer

Q54) Penalties for non-complying the duty of CSR would attract a fine of not less than Rs. ____. Show Answer

Q55) Location of industries should be in ____ zones. Show Answer

Q56) Buisness ethics is a ____ structured examination of behaviour of people. Show Answer

Q57) Business organisation should not create ____ profit. Show Answer

Q58) Business organisation should avoid creation of ____. Show Answer

Q59) The business enterprise should supply goods of ____ quality to their customers. Show Answer

Q60) The businessmen should ____ various taxes to the Government. Show Answer

Q61) The business organisation should try to ____ welfare of the consumer. Show Answer

Q62) A business organisation is a part of ____. Show Answer

Q63) Satisfaction of social responsibiliy brings ____ image to the enterprise. Show Answer

Q64) Business ethics is a branch of ____ science. Show Answer

Q65) The employees should be provided with ____ working conditions. Show Answer

Q66) The main objective of business is to create ____. Show Answer

Q67) Business organisations adopt the responsibilities to pay ____ to their employees. Show Answer

Q68) Business organisation should supply goods of ____ quality. Show Answer

Q69) To maintain industrial peace is the responsibility of ____. Show Answer

Q70) Business organisation can maximise profitability by ____ wastage. Show Answer

Q71) Business ethics is a ____ of conduct. Show Answer

Q72) Businessmen should avoid ____ competition in the interest of consumers. Show Answer

Q73) Efficient and effective ____ service helps to establish good relation between consumers and the organisation. Show Answer

Q74) It is the responsibility of business organisations to maintain ____ peace. Show Answer

Q75) Trusteeship is a socio-economic philosophy that was propounded by ____. Show Answer

Q76) ____ can raise voice against business malpractices and exploitation of consumers. Show Answer

Q77) Security of ____ provides mental peace, dedication and concentration among employees. Show Answer

Q78) Business should offer adequate opportunities of ____ to their talented employees. Show Answer

Q79) Businessmen are trustees of the society. Show Answer

Q80) Business ethics is a code of conduct. Show Answer

Q81) The commercial organisation are expected to uplift the weaker section of the society. Show Answer

Q82) It is the responsibility of commercial organisation to maintain industrial peace. Show Answer

Q83) Owners should not get complete and accurate information about the financial position. Show Answer

Q84) Media does not play important role in public life. Show Answer

Q85) Social responsibility is broader than legal responsibility of business. Show Answer

Q86) Tangible goal of earning profit is the sole objective of business. Show Answer

Q87) Expectations of society and public towards business are changing. Show Answer

Q88) Business organisation can make use of natural resources as they want. Show Answer

Q89) Business organisation can participate in solving complex social problems. Show Answer

Q90) Business organisation should not disclose their records to investors. Show Answer

Q91) Providing career opportunities to employees is the responsibility of business. Show Answer

Q92) Management should avoid workers participation while making decision. Show Answer

Q93) Business organisation is not liable to control pollution. Show Answer

Q94) Business organisation cannot contribute to raise standard of living of society. Show Answer

Q95) Ethics is a branch of politics. Show Answer

Q96) Business ethics are applicable to all business organisation. Show Answer

Q97) Every business organisation should pay attention to business ethics while conducting their activities. Show Answer

Q98) Business ethics can be considered as a tool for social development. Show Answer

Q99) Introducing environment management techniques benefit business organisation. Show Answer

Q100) Business and environment protection are contradictory. Show Answer

Q101) A socially irresponsible company enjoys a good reputation in the society. Show Answer

Q102) To maintain safety of investment is responsibility of business organisation towards _______ . Show Answer

Q103) Ultimate goal of business must be satisfaction of _______ . Show Answer

Q104) _______ responsibility may be fulfilled by mere compliance with the law Show Answer

Q105) Efficient use of resources will increase _______ and profitability. Show Answer

Q106) A firm stands to gain maximum profits when it has its highest goal as service to _______ Show Answer

Q107) M.R.P. refers to maximum _______ price. Show Answer

Q108) Business ethics refers to the system _______ of principles. Show Answer

Q109) Indian philosopher Chanakya promoted ethical principles while doing business. Show Answer

Q110) Trade unions intervene between workers and management. Show Answer

Q111) Profit facilitates growth and expansion of business. Show Answer

Q112) The survival and growth of business depends on consumer satisfaction, service and support. Show Answer

Q113) The commercial organisation is expected to uplift the weaker section of the society Show Answer

Q114) Business ethics remain exactly same for all kinds of business. Show Answer

Q115) In business, customer is regarded as the king. Show Answer