On This Page
This set of Corporate Governance Multiple Choice Questions & Answers (MCQs) focuses on Corporate Governance Set 3
Q1 | Which of the following does the term Corporate Social Responsibility relate to?
- Ethical conduct
- Environmental practice
- Community investment
- All of the above
Q2 | Who are organisational stakeholders?
- Government
- Employees
- Customers
- All of the above
Q3 | What is Ethics to do with?
- The wider community
- Business
- Right and wrong
- Nothing
Q4 | Which of the following is an example of an area where business ethics apply?
- Conduct of international operation
- Nowhere
- In the personal life of staff
- None of the above
Q5 | Which legislation relates to the concept of business ethics?
- Freedom of Information Act
- Food Act
- Building regulations
- All of these
Q6 | The four types of social responsibility include:
- legal, philanthropic, economic, and ethical
- ethical, moral, social, and economic
- philanthropic, justice, economic, and ethical
- legal, moral, ethical, and economic
Q7 | The dimension of social responsibility refers to a business's societal contribution oftime, money, and other resources.
- Ethical
- Philanthropic
- Volunteerism
- Strategic
Q8 | Stakeholders are considered more important to an organization when:
- they can make use of their power on the organization
- they do not emphasize the urgency of their issues
- their issues are not legitimate
- they can express themselves articulately
Q9 | A is a problem, situation, or opportunity requiring an individual, group, ororganization to choose among several actions that must be evaluated as right or wrong.
- Crisi
- ethical issue
- indictment
- fraud
Q10 | Which moral philosophy seeks the greatest good for the greatest number of people?
- Consequentialism
- Utilitarianism
- Egoism
- Ethical formalism
Q11 | What type of justice exists if employees are being open, honest, and truthful in theircommunications at work?
- Procedural
- Distributive
- Ethical
- Interactional
Q12 | A high-commitment approach to environmental issues may include all of the following except:
- risk analysi
- stakeholder analysis
- green-washing
- strategic sustainability auditing
Q13 | 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
Q14 | Most companies begin the process of establishing organizational ethics programs bydeveloping:
- ethics training programs.
- codes of conduct.
- ethics enforcement mechanisms.
- hidden agendas.
Q15 | When a firm charges different prices to different groups of customers, it may be accused of:
- cultural relativism
- money laundering
- facilitating payments
- price discrimination
Q16 | The social economy partnership philosophy emphasizes:
- cooperation and assistance.
- profit maximization.
- competition.
- restricting resources and support.
Q17 | Which of the following is not a driver of responsible competitiveness?
- Policy driver
- Development drivers
- Business action
- Social enablers
Q18 | 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.
Q19 | The first step in the auditing process should be to secure the commitment of:
- employees.
- top executives and directors.
- stockholders.
- customers.
Q20 | Codes of conduct and codes of ethics
- are formal statements that describe what an organization expects of its employees.
- become necessary only after a company has been in legal trouble.
- are designed for top executives and managers, not regular employees.
- rarely become an effective component of the ethics and compliance program.
Q21 | Which of the following is NOT one of the primary elements of a strong organizationalcompliance program?
- A written code of conduct
- An ethics officer
- Significant financial expenditures
- A formal ethics training program
Q22 | are standards of behaviour that groups expect of their members.
- Codes of conduct.
- Group values.
- Group norms.
- Organizational norms.
Q23 | In a organization, decision making is delegated as far down the chain ofcommand as possible.
- Decentralized
- Creative
- Flexible
- Centralized
Q24 | Managerial ethics can be characterised by all of the following levels except
- immoral management
- amoral management
- demoral management
- moral management
Q25 | External audit of the accounts of a limited company is required
- because it is demanded by the company’s bankers
- by the Companies Act 2013
- at the discretion of the shareholders
- to detect fraud