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