Q.1
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
Q.2
Under which environmental effects IBM and Coca- cola had to leave India?
  • Political
  • Technical
  • Social
  • Economic
Q.3
In order to boost and double India’s export of goods and services to over USD 1,billion byit is important to lower effective corporate tax rate, bring down cost of capital and simplify regulatory and tax framework. Identify the related dimension of business environment.
  • Social dimension and Legal dimension
  • Technological dimension and Political dimension
  • Political dimension and Social dimension
  • Economic dimension and Legal dimension
Q.4
An organisation's obligation to act to protect and improve society's welfare as well as its own interests is referred to as
  • Organisational Social Responsibility
  • Organisational Social Responsiveness
  • Corporate Obligation
  • Business Ethics
Q.5
The organic food market in India is grow at 25-per cent which reflects a clear shift in consumer tastes and preferences. The current growth in the organic food market is driven by multiplicity of factors like rising health consciousness, changing lifestyles, increase in disposable income and growing availability of organic food products in shopping malls, retail outlets and online. Which dimension of business environment is highlighted here?
  • Economic Environment
  • Social Environment
  • Political Environment
  • Technological Environment
Q.6
________ refers to negative and unfavourable external factors that are likely to create hurdles for a firm *
  • Opportunities
  • Threats
  • Benefits
  • None of the above
Q.7
To be successful, business ethics training programs need to:
  • focus on personal opinions of employees
  • be limited to upper executives
  • educate employees on formal ethical frameworks and models of ethical decision making
  • promote the use of emotions in making tough ethical decisions
Q.8
Which of the following is not a feature of Business environment? *
  • Interrelated Elements
  • Complex
  • Continuous
  • Dynamic
Q.9
Most companies begin the process of establishing organizational ethics programs by developing:
  • Ethics Training Programs
  • Codes Of Conduct
  • Ethics Enforcement Mechanisms
  • Hidden Agendas
Q.10
Which of the following best defines a multinational corporation?
  • A company that exports to many countries
  • A large company that imports from many countries
  • A company that operates in many different countries
  • A company that produces goods and services for a large market
Q.11
Technological environment is
  • Static
  • Dynamic
  • Rigid
  • None of these
Q.12
The opportunity cost of Australian households moving away from coal-powered energy to solar-powered energy includes:(i) the loss of jobs in the coal industry,(ii) a cleaner environment,(iii) reduced coal production.
  • (i), (ii) and (iii)
  • (ii) and (iii)
  • (iii) only
  • (i) and (iii)
Q.13
Technological environment includes:
  • advances in production technology
  • advances in information technology
  • popularity of e -banking
  • all of the above
Q.14
Following is not a specific force environment?
  • customers
  • suppliers
  • creditors
  • social
Q.15
A set of guidelines for maintaining ethics in the workplace.
  • Code of Ethics
  • Code of Conduct
  • Integrity
  • Code of Honor
Q.16
The establishment of a wholly new operation in a foreign country is called:
  • An acquisition
  • A merger
  • A greenfield investment
  • A multinational venture
Q.17
Forms of international investment are:
  • Investing in enterprises with 100% international capita
  • International franchising
  • International franchising
  • Exporting goods
Q.18
If your proprietary know-how of "green" processes is difficult to transfer to other firm, the most effective strategy would be
  • Foreign Direct Investment
  • Licensing
  • Exporting
Q.19
Economic reform in India were initiated in the year
  • 1990
  • 1993
  • 1995
  • 1991
Q.20
Liberalization implies:
  • Greater role of public sector
  • Free economy with no control
  • reduction in government control over the private sector
  • none of these
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