NCERT Class 11 Business Studies Social Responsibilities of Business And Business Ethics

EXERCISES

Multiple Choice Questions

1. Social responsibility is

a. Same as legal responsibility b. Broader than legal responsibility

c. Narrower than legal responsibility d. None of them

2. If business is to operate in a society which is full of diverse and complicated problems, it may have

a. Little chance of success b. Great chance of success

c. Little chance of failure d. No relation with success or failure.

3. Business people have the skills to solve

a. All social problems b. Some social problems

b. No social problems d. All economic problems

4. That an enterprise must behave as a good citizen is an example of itsresponsibility towards

a. Owners b. Workers

c. Consumers d. Community

5. Environmental protection can best be done by the efforts of

a. Business people b. Government

c. Scientists d. All the people

6. Carbon monoxide emitted by automobiles directly contributes to

a. Water pollution b. Noise pollution

c. Land pollution d. All the people

7. Which of the following can explain the need for pollution control?

a. Cost savings b. Reduced risk of liability

c. Reduction of health hazards d. All of them

8. Which of the following is capable of doing maximum good to society?

a. Business success b. Laws and regulations

c. Ethics d. Professional management

9. Ethics is important for

a. Top management b. Middle-level managers

c. Non-managerial employees d. All of them

10. Which of the following alone can ensure effective ethics programme in a business enterprise?

a. Publication of a code b. Involvement of employees

c. Establishment of compliance d. None of them mechanisms

Short Answer Questions

1. What do you understand by social responsibility of business? How is it different from legal responsibility?

2. What is environment? What is environmental pollution?

3. What is business ethics? Mention the basic elements of business ethics.

4. Briefly explain (a) Air Pollution, (b) Water pollution, and (c) Land pollution.

5. What are the major areas of social responsibility of business?

Long Answer Questions

1. Build up arguments for and against social responsibilities.

2. Discuss the forces which are responsible for increasing concern of business enterprises toward social responsibility.

3. ‘Business is essentially a social institution and not merely a profit making activity’. Explain.

4. Why do the enterprises need to adopt pollution control measures?

5. What steps can an enterprise take to protect the environment from the dangers of pollution?

6. Explain the various elements of business ethics.

Projects/Assignment

1. Develop and put in writing a code of ethics for use in the classroom. Your document should include guidelines for students, teachers, and the principal.

2. Using newspapers, magazines and other business references, identify and describe at least three companies that you think are socially responsible and three that you think are socially irresponsible.

Please refer to attached file for NCERT Class 11 Business Studies Social Responsibilities of Business And Business  Ethics