International Business Management Set 2
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This set of International Business Management (IBM) Multiple Choice Questions & Answers (MCQs) focuses on International Business Management Set 2
Q1 | What is Ethics to do with?
- The wider community
- Business
- Right and wrong
- Nothing
Q2 | Which legislation relates to the concept of business ethics?
- Freedom of Information Act
- Food Act
- Building regulations
- All of these
Q3 | A stakeholder orientation includes all of the following activities except:
- Generating Data About Stakeholder Groups
- Assessing The Firm's Effects On Stakeholder Groups
- Distributing Stakeholder Information Throughout The Firm
- Minimizing The Influence Of Stakeholder Information On The Firm
Q4 | A (n) ________ is a problem, situation, or opportunity requiring an individual, group, or organization to choose among several actions that must be evaluated as right or wrong.
- Crisis
- Ethical Issue
- Indictment
- Fraud
Q5 | What type of justice exists if employees are being open, honest, and truthful in their communications at work?
- Procedural
- Distributive
- Ethical
- Interactional
Q6 | Better access to certain markets, differentiation of products, and the sale of pollution-controltechnology are ways in which better environmental performance can:
- Increase Revenue
- Increase Costs
- Decrease Revenue
- Decrease Costs
Q7 | Atmospheric issues include all of the following except:
- Acid Rain
- Global Warming
- Air Pollution
- Water Quantity
Q8 | Most companies begin the process of establishing organizational ethics programs bydeveloping:
- Ethics Training Programs
- Codes Of Conduct
- Ethics Enforcement Mechanisms
- Hidden Agendas
Q9 | When a firm charges different prices to different groups of customers, it may be accused of:
- Cultural Relativism
- Money Laundering
- Facilitating Payments
- Price Discrimination
Q10 | Successful global initiatives addressing standards for business must begin and end with:
- the role of corporate governance and shareholder power in corporate decision making
- social activism
- the implementation of standardized ethics programs
- the consolidation of economic and environmental efforts
Q11 | The social economy partnership philosophy emphasizes:
- Cooperation And Assistance
- Profit Maximization
- Competition
- Restricting Resources And Support
Q12 | Which of the following is a problem presented by ethics audits?
- They may be used to reallocate resources
- They identify practices that need improvement
- Selecting auditors may be difficult
- They may pinpoint problems with stakeholder relationships
Q13 | The first step in the auditing process should be to secure the commitment of:
- Employees
- Top Executives And Directors
- Stockholders
- Customers
Q14 | ____________ refers to a strategic process involving stakeholder assessment to create longterm relationships with customers, while maintaining, supporting, and enhancing the natural environment.
- Eco-strategy
- Green marketing
- Superfund reauthorization
- Recycle and reprocess management
Q15 | A ________ _________ sets out the purpose and general direction for the organisation?
- Vision
- Purpose statement
- Mission statement
- Profit statement
Q16 | Which of the following would most effectively act as the primary objective of a business organization?
- To communicate with shareholders.
- To make a profit.
- To mediate between the organization and the environment.
- All of the above.
Q17 | What is the purpose of a balanced scorecard?
- To relate business performance to financial measures.
- To measure contribution of people to business growth.
- To relate business performance to customer satisfaction.
- To combine a range of qualitative and quantitative indicators of performance.
Q18 | Which of the following does the term Corporate Social Responsibility relate to?
- Environmental practice.
- Ethical conduct.
- Human rights and employee relations.
- All of the above.
Q19 | Who are organisational stakeholders?
- Employees
- Government
- Customers
- All of the above.
Q20 | What is Ethics to do with?
- The wider community.
- Right and wrong.
- Business!
- None of the above.
Q21 | 'Ethics deals with the right actions of Individuals' Who said?
- C S Rao
- P F Drucker
- J R Betty
- DC Zane
Q22 | Which of the following word refers to 'doing business with your grandchildren's interests at heart'?
- Responsibility
- Sustainability
- Agility
- Integrity
Q23 | Which is the element of business ethics?
- discipline.
- It is an art & science both.
- Good intention.
- All of the above.
Q24 | 'Social responsibility is to pursue those policies & decisions or to follow lines of actions which are desirable in terms of the objective & value of our society' who said??
- H R Bowen
- P F Deucker
- G A Steiner
- All of the above
Q25 | Which is the principle of corporate responsibility?
- Trusteeship principle
- Principle of stewardship
- Principle of charity
- All of the above