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Question Bank BAB2301 BUSINESS ETHICS AND VALUES

This document contains a question bank with multiple choice questions related to business ethics and values. The questions cover topics such as universal values, morality, corporate social responsibility, decision making, leadership traits, Indian scriptures, and sustainability. It also includes brief questions on various modules related to ethical dilemmas at work, CSR, building an ethical culture, whistleblowing, consumer protection, social responsibilities, ethical leadership, resolving conflicts, and improving ethical work environments.

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Raama chandra3
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341 views7 pages

Question Bank BAB2301 BUSINESS ETHICS AND VALUES

This document contains a question bank with multiple choice questions related to business ethics and values. The questions cover topics such as universal values, morality, corporate social responsibility, decision making, leadership traits, Indian scriptures, and sustainability. It also includes brief questions on various modules related to ethical dilemmas at work, CSR, building an ethical culture, whistleblowing, consumer protection, social responsibilities, ethical leadership, resolving conflicts, and improving ethical work environments.

Uploaded by

Raama chandra3
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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BAB2301 BUSINESS ETHICS AND VALUES

Question Bank

Who founded the first Indian chemical and pharmaceutical factory, utilizing indigenous
natural materials, in 1892?
A. Amit Goswami
B. Jamshedji Tata
C. Dr. P C Ray
D. Dr. Reddy

Complete: ‘If one aims for peace in the world, he should strive for__________.

A. Righteousness in the Heart


B. Beauty in character
C. Harmony in the home
D. Order in the nation

________ is a vice of a Leader.


A. Practicing Ethics
B. Procrastination
C. Valour
D. Sutragranthas

Which are Universal values ?

A. Peace

B. Truth

C. Integrity

D. All the options

Forgiveness is more related to which Universal Value

A. Benevolence

B. Hedonism

C. Conformity

D. Achievement

Asch paradigm were a series of studies on

A. Benevolence
B. Hedonism

C. Conformity

D. Achievement

In the normative sense, “morality” refers to a code of conduct that would be accepted by anyone
who meets certain intellectual and volitional conditions, almost always including the condition of
being rational.

A. True

B. False

Organisation should take decisions based on facts and in best projections of profits even if it involves
substantiating unsustainable outcomes.

A. True

B. False

Ethical decisions should be based out of Prudence, Peer Pressure and Authority figures.

A. True

B. False

Organisations can repair the unethical acts by CSR initiatives, hence shall not change the current
course of action.

A. True

B. False

Corporate Social Responsibility is the continuing commitment by business to behave ethically and
contribute to economic development while improving the quality of life of the workforce and their
families as well as of the local communities and society at large.

A. True

B. False

Corporate social responsibilities is also referred to as


A. social accounting

B. corporate social performance

C. Both the options are true

D. Only One is true

Which of the below is an issue of corporate social responsibility

A. fair wages

B. working time

C. health care

D. All the options

According to Indian Scriptures which is part of four goals of life?


A. Living in consonance with creation, Wealth, Health, Liberation
B. Living in consonance with creation, Purity in Heart, Health, Liberation
C. Living in consonance with creation, Wealth, Unity of thought, Liberation
D. Care for the Divine, Wealth, Health, Liberation

‘Raj Dharma’ means ________.


A. Well Being of subjects
B. Appropriate application of pardon and punishment
C. Appropriate use of Sam, Dam, Danda and Bheda
D. All the above

________ is recommended.
A. Tamsik karta, Tamsik Karma
B. Rajsik karta, Rajsik karma
C. Satvik karta, Satvik Karma
D. None

___________Indian Organisation has been consistently awarded for ‘Ethics’ Globally.


A. Reliance
B. TATA STEEL
C. ITC Global
D. HCL

________ is not part of ‘Dharma Chakra’.

A. Right effort
B. Right View
C. Right friends
D. Right speech
As per Indian Vedas________is most related to ‘Conscious Energy’.
A. Mind
B. Chakra
C. Atman
D. Param

Pick the odd one out.


A. Sattvic state of mind intent to alleviate the impurities of the mind
B. Sattvic state of mind intent to increase the power of the mind
C. Sattvic state of mind intent to strengthen the mind
D. Sattvic state of mind intent to aggregate power and wealth

__________ are the basis of dharmic (righteous) life.


A. Forgiveness, Knowledge, Absence of anger
B. Valour, Purity, Truth, God fearing
C. Refraining from stealing, Truth, Knowledge, Learning Art forms
D. God Fearing, Intellect, Purity, Forgiveness

________ portrays Chanakya the most.

A. A vengeful person best known for conspiracy in strategic battle fields


B. A wise sage who arduously studied, respected and followed the teachings and
wisdom of the Vedas all his life
C. A multi-talented preacher who authored various ancient scriptures
D. Most powerful Prime Minister of the Mauryan empire

____________ is not part of vices for leaders.


A. Procrastination
B. Idleness
C. Desire wealth
D. Fear

In Gurukul System of Learning, ________.


A. Guru Dakshna is offered to Guru as per student’s capacity
B. Students of Royal families have sophisticated quality of education
C. Each student has to learn for at-least 3 years as administered by Royal Court
D. Gurus are the richest and distribute their wealth in building Universities

‘In the beginning was the Word, and the Word was with God and the Word was God’. Which
sacred book has this extract?
A. The Bible
B. Bhagavad Gita
C. Artha Shastra
D. Tao Te Ching

Five major elements of Universe are_______________

A. Dharma, Artha, Kama, Moksha, Mukthi


B. Earth, Water, Fire, Air, Sky
C. God, Maya, World, Soul, Mind
D. Atma, Jeevatma, Paramatma, Purushatma and God

________ is famous for his works on ‘Cognitive Moral Development’.


A. Henry Fayol
B. Fredrick Taylor
C. Lawrence Kohlberg
D. Stephen Hawking

Three spheres of sustainability suggests_________interactions.


A. Environmental, Social, Economical
B. Profit, Brand Image, Customer Satisfaction
C. Employee, Customer, Shareholders
D. Profit, Market Capitalisation, Brand Quity

___________ is not a debt of Pancha Rina, Fivefold debts.


A. To the material cosmos
B. To fellow human beings
C. To ancestors
D. None

___________ constitute(s) Whistleblowing.

A. insider status
B. non-public information,
C. illegal or immoral activity
D. All the above

Emancipation is attained by a person with___________.


a. Total Quality of Mind
b. Total Quality of Management
c. Excellence
d. Unruly Mind

Indian concept of equality means______


a. Subordinates should be provided facilities equal to CEO
b. All subordinates are equal
c. All human beings are equal
d. All the above

Brief Questions:

Module 1

Elucidate the importance and nature of ethical dilemmas at work.

Classify types of ethics.

What role does CSR play implementing ethical policies.


Brief on Organisations you value the most in terms of ethical practices in place.

How do Organisations use CSR as a screen in their best interest. List out some examples.

Module 2

Explain the role of business ethics facilitating global economy.

Write down priority 10 code of conduct to set an ethical culture in a start up you are part of.

A company with high character is worthy of trust and respect, acts honestly, and stands by its
promises. Justify.

Business malpractices have the potential to inflict enormous harm on individuals, on communities
and on the environment itself ultimately. Enlist examples.

Elaborate the Role of Business Ethics in Building a civilized society.

Module 3

Brief on ethical issues in business justice & economic system.

How do you protect the rights of a whistle-blower?

Outline the key characteristics of ethics relating to consumer protection.

Enlist atleast ten key areas of social responsibilities of Corporates.

Draft a ten pointer ‘good behaviour’ code book for your Organisation of choice.

Module 4

Elaborate on traits of an ideal ethical leader.

Briefly discuss ethical issues in Finance with examples of corporates who battled out greatest crises.

Contrast ethical complications relating to gender, age and how would you curtail the same as a
decision maker.

Elaborate ethical issues in media and advertisements.

How would you relate greed to ethical dissolution owing to business outcomes?

Module 5

Elaborate ways of resolving ethical conflicts.

Golden rule of resolving conflicts focuses on the premise that you should of unto others as you
would have them do unto you. Justify.

Brief on factors affecting morality of managers.


Discuss Questionable Behaviors of Superiors or Peers.

Suggest strategies to improve Organisational climate towards ethical work environment.

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