Values And Ethics In Management - Study Mode

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[#71] "We wish to be good citizens of every community in which we live". This is a

(A) political code of conduct

(B) social code

(C) ethical code

(D) legal rule

Correct Answer

(B) social code

[#72] "Corporate planning is the continuous process of making present entrepreneurial decisions systematically and with the best possible knowledge of their futurity." Who said?

(A) McCanathen

(B) Peter F. Drucker

(C) Hussey

(D) J. R. Betty

Correct Answer

(B) Peter F. Drucker

[#73] The Indian ethos is for the individual self to become aware, develop and contribute social welfare by linking yourself to the

(A) Customs

(B) Business

(C) Cooperation and planning

(D) Society

Correct Answer

(A) Customs

[#74] Match the items of List-I with those of List-II and choose the correct combination. List-I List-II a. Ethics are the principles of conduct governing an individual or profession. 1. John Donaldson b. Ethics is the discipline dealing with what is good and bad, or right and wrong, or with moral duty and obligation. 2. Keith Davis c. Ethics are a set of rules that defines right and wrong conduct. 3. Shea d. Business ethics, in short can be described as the systematic study of moral (ethical) matters pertaining to business, industry or related activities, institutions or practices and beliefs. 4. R. Wayne Mondy

(A) a-3, b-4, c-1, d-2

(B) a-3, b-4, c-2, d-1

(C) a-4, b-3, c-2, d-1

(D) a-1, b-2, c-3, d-4

Correct Answer

(B) a-3, b-4, c-2, d-1

[#75] The characteristics of business ethic(s) is/are

(A) study of goals and means

(B) dynamic philosophy

(C) relates to human angle

(D) all of these

Correct Answer

(D) all of these