Free Business Studies - Class 11th (CBSE) - Test - t6a - Social Responsibilities of Business and Business Ethics
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- Subject: Business Studies
- Class: 11th (CBSE)
- Chapter Name: Social Responsibilities of Business and Business Ethics
Test for CBSE Class 11th
Q1. To adopt fair trade policies and practices: It is an example
of the responsibility of business towards (1 Mark)
- Owners
- Workers
- Government
- Consumers
Q2. Business is responsible for providing accurate and complete
information about the financial position of the company. This is the
responsibility of the business towards its (1 Mark)
- Government
- Workers
- Investors
- Owners
Q3. A business enterprise should avoid any type of pollution as
an example of its responsibility towards (1 Mark)
- Owners
- Workers
- Customers
- Community
Q4. A number of business organisations donated to the Chief
Minister’s Disaster Relief Fund to rebuild the flood-affected Kerala, which is
an example of the social responsibility of business. (1 Mark)
- Economic
- Discretionary
- Legal
- Both (b) and (c)
Q5. Business ethics are important for (1 Mark)
- Top Level Management
- Middle Level Management
- Lower Level Management
- All of them
Q6. Which of the following is not the social responsibility of business towards the consumers (1 Mark)
- To make available good-quality products at reasonable prices
- To bring out reality in an advertisement
- To give them a share of the profit
- To avoid adulteration
Q7. Towards which interest group is the responsibility of a business firm is shown in the picture given below (1 Mark)
- Owners
- Workers
- Government
- Consumers
Q8. Which of the following can explain the need for pollution control (1 Mark)
- Cost savings of operating the business
- Reduced risk of liability
- Reduction of health hazards
- All of them
Q9. Environmental protection means making the environment free from (1 Mark)
- Air Pollution
- Water Pollution
- Noise Pollution
- All of the above
Q10. Read the following statements—Assertion (A) and Reason (R).
Choose one of the correct alternatives given below.
- Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A).
- Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).
- Assertion (A) is true, but Reason (R) is false.
- Assertion (A) is false, but Reason (R) is true.
- Assertion (A): Business ethics is related to law.
- Reason (R): ‘Business ethics’ contains norms or standards of behaviour higher than the law. All acts which are against the law are punishable, but not all unethical behaviour is not punishable. (1 Mark)
Q11. Samarjit has a sweet shop. During the festive season of
Diwali, he purchased adulterated Khoya and paneer at very low rates in order to
make huge profits. As a result, many people fell sick after consuming the
sweets because of food poisoning. Do you think Samarjit is a socially
responsible sweet seller? (3 Marks)
Q12. “Environmental protection means keeping the environment free from Air Pollution, Water Pollution, and Noise Pollution. Every creature living on the earth needs a clean environment. Therefore, environmental protection is very important.” In the context of this statement, throw light on the role of business in environmental protection. (3 Marks)
Q13. State the various advantages of ‘Ethical Business’. (3 Marks)
Q14. BB Print Press is a partnership firm. Abhey and Raman are two partners in this firm. It sells copies to the other business units only. Almost all the transactions of this firm are done through email, i.e., the internet. Abhey wants to use the anti-pollution plant in his factory, but Raman does not want to. Identify and explain the unethical behaviour of the firm. (6 Marks)
Q15. Explain social responsibility towards various interest groups. (5 Marks)
Q16. “Business is essentially a social institution and not merely a profit-making activity.” Explain. (5 Marks)
Q17. ‘Aruna Ltd.’ is a well-known company in the Telecom sector in India. The company is committed to treating everyone fairly, with respect and dignity, regardless of differences in positions, age, caste, creed, gender, or otherwise. It endeavours to foster a participatory work environment where trust and confidence between team members are spontaneous. It abides by all the laws governing the progress and integrity of the nation. But also, it constantly reviews and revises all its print and electronic promotional materials, like advertisement brochures, etc., to make sure that they are clear, precise, and free from any kind of misrepresentations. The company remains actively involved in social issues and activities. It maintains financial records and follows strict accounting control to ensure effective and efficient utilisation of funds, thereby maximising returns to its shareholders. By quoting lines from the paragraph, identify the different interest groups towards which the company is fulfilling its social responsibility. (6 Marks)
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