International Business Management Set 3 MCQs

This set of International Business Management (IBM) Multiple Choice Questions & Answers (MCQs) focuses on International Business Management Set 3

Q1 | Which is the element of social responsibility?

Universal concept.

Supremancy of public interest.

It is related to business organization.

All of the above

Q2 | Which one of the following is not principle of business ethics?

Principle of universality.

Principle of humanity.

Principle of autonomy.

Principle of dissatisfaction.

Q3 | Business ethics is a dynamic philosophy of ---- economic adjustment whose field is widening day-by-day

Socio

Political

Historical

Traditional

Q4 | The social responsibility of business towards the owners of business includes

Maximum ROI.

Report about progress.

Report of Profit.

All of the above.

Q5 | CSR that extends beyond legal mandates can help meet social expectations in the absence of:

Statutory devices.

Social tool

Cost tool & technique

Science tool

Q6 | The relationship between standards of CSR & potential legal requirements governingcorporate operation lies at the heart of the

The business community.

Unattaniable

Formulation

The social activity.

Q7 | The argument for CSR involves

Recognition of moral obligations by business.

Need to balance power with responsibility.

Voluntary actions would prevent government regulations.

All of the above

Q8 | The spending on CSR activity is mandatory in India for following organisations:

3% spending for above 5 cr profit organisations.

2% spending for above 5 cr profit organisations.

1% spending for above 5 cr profit organizations.

Some spending on above 5cr profit organizations