{"id":17845,"date":"2022-05-27T18:30:56","date_gmt":"2022-05-27T13:00:56","guid":{"rendered":"https:\/\/mcq-questions.com\/?p=17845"},"modified":"2022-05-18T15:56:54","modified_gmt":"2022-05-18T10:26:54","slug":"mcq-questions-for-class-11-business-studies-chapter-6","status":"publish","type":"post","link":"https:\/\/mcq-questions.com\/mcq-questions-for-class-11-business-studies-chapter-6\/","title":{"rendered":"MCQ Questions for Class 11 Business Studies Chapter 6 Social Responsibilities of Business and Business Ethics with Answers"},"content":{"rendered":"

Students who are searching for NCERT MCQ Questions for Class 11 Business Studies Chapter 6 Social Responsibilities of Business and Business Ethics with Answers Pdf free download are compiled here to get good practice on all fundamentals. Know your preparation level on MCQ Questions for Class 11 Business Studies with Answers<\/a>. You can also verify your answers from our provided Social Responsibilities of Business and Business Ethics Class 11 MCQs Questions with Answers. So, ace up your preparation with MCQ on Social Responsibilities of Business and Business Ethics Class 11 Objective Questions.<\/p>\n

Social Responsibilities of Business and Business Ethics Class 11 MCQs Questions with Answers<\/h2>\n

Question 1.
\nResponsibility towards the government is _________
\n(a) Safety of investments provided by shareholders
\n(b) Pay taxes regularly and honestly
\n(c) Supply of goods at a reasonable price to consumers
\n(d) None of the above<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (b) Pay taxes regularly and honestly<\/p>\n<\/details>\n

\n

Question 2.
\nA business enterprise has the responsibility to provide a fair return to the ______
\n(a) Shareholders
\n(b) Customers
\n(c) State Government
\n(d) None of the above<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (a) Shareholders<\/p>\n<\/details>\n

\n

Question 3.
\nWhy business ethics are important?
\n(a) It formulates the firm’s image and builds the brand
\n(b) It influences the buying decision of the customers
\n(c) Build confidence within employees
\n(d) All of the above<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (d) All of the above<\/p>\n<\/details>\n

\n

Question 4.
\nEthics is important for
\n(a) Non-managerial employees
\n(b) Middle-level managers
\n(c) Top management
\n(d) All of the above<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (d) All of the above<\/p>\n<\/details>\n

\n

Question 5.
\nBusiness people have the skill to involve
\n(a) Some social problems
\n(b) All economic problems
\n(c) No social problems
\n(d) All social problems<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (a) Some social problems<\/p>\n<\/details>\n

\n

Question 6.
\nThe word ‘Ethics’ has its origin in the ______
\n(a) Greek Word
\n(b) British Word
\n(c) Indian Word
\n(d) Latin Word<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (a) Greek Word<\/p>\n<\/details>\n

\n

Question 7.
\nThe need for social responsibility arises due to the ______
\n(a) Firm’s interest
\n(b) Interest of society
\n(c) Both firm’s and society interest
\n(d) None of the above<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (c) Both firm’s and society interest<\/p>\n<\/details>\n

\n

Question 8.
\nSocial responsibility is
\n(a) Broader than legal responsibility
\n(b) Same as a legal responsibility
\n(c) Narrower than legal responsibility
\n(d) None of the above<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (a) Broader than legal responsibility<\/p>\n<\/details>\n

\n

Question 9.
\nADRs are issued in
\n(a) USA
\n(b) China
\n(c) India
\n(d) Canada<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (a) USA<\/p>\n<\/details>\n

\n

Question 10.
\nRunning of factories and vehicles cause _________
\n(a) Land pollution
\n(b) Water Pollution
\n(c) Noise Pollution
\n(d) None of the above<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (c) Noise Pollution<\/p>\n<\/details>\n

\n

Question 11.
\nFunds required for purchasing current assets are known as
\n(a) Working capital
\n(b) Fixed capital
\n(c) Lease financing
\n(d) Retained earnings<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (a) Working capital<\/p>\n<\/details>\n

\n

Question 12.
\nIt includes the behavior of the firm expected by the society but not codified by law. Identify the category of social responsibility referred to here.
\n(a) Economic Responsibility
\n(b) Ethical Responsibility
\n(c) Legal Responsibility
\n(d) All of the above<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (b) Ethical Responsibility<\/p>\n<\/details>\n

\n

Question 13.
\nWhich of the following institution provides financial assistance towards balanced regional development and development of management education in the country?
\n(a) Industrial development bank of India (IDBI)
\n(b) Industrial Finance Corporation of India (IFCI)
\n(c) Life insurance Corporation of India (LIC)
\n(d) Industrial Credit and Investment Corporation of India (ICICI)<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (a) Industrial development bank of India (IDBI)<\/p>\n<\/details>\n

\n

Question 14.
\nProviding charitable contributions to educational institutions is ________
\n(a) Legal responsibility
\n(b) Economic responsibility
\n(c) Discretionary responsibility
\n(d) None of the above<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (c) Discretionary responsibility<\/p>\n<\/details>\n

\n

Question 15.
\nEvery business has a responsibility to operate within the laws of the land as per the ______
\n(a) Legal responsibility
\n(b) Financial responsibility
\n(c) Economic responsibility
\n(d) None of the above<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (a) Legal responsibility<\/p>\n<\/details>\n

\n

Question 16.
\nWhich of the following can explain the need for pollution control?
\n(a) Cost savings
\n(b) Reduction of health hazards
\n(c) Reduced risk of liability
\n(d) All of the above<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (d) All of the above<\/p>\n<\/details>\n

\n

Question 17.
\nSocial responsibility is
\n(a) Broader than legal responsibility
\n(b) Same as a legal responsibility
\n(c) Narrower than legal responsibility
\n(d) None of the above<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (a) Broader than legal responsibility<\/p>\n<\/details>\n

\n

Question 18.
\nADRs are issued in
\n(a) USA
\n(b) China
\n(c) India
\n(d) Canada<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (a) USA<\/p>\n<\/details>\n

\n

Question 19.
\nThe main cause of water pollution is ______
\n(a) Waste dumping
\n(b) Industrial waste
\n(c) Chemical
\n(d) All of the above<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (d) All of the above<\/p>\n<\/details>\n

\n

Question 20.
\nRespecting the religious sentiments and dignity of people while advertising for a product is ______
\n(a) Economic responsibility
\n(b) Legal responsibility
\n(c) Ethical responsibility
\n(d) None of the above<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (c) Ethical responsibility<\/p>\n<\/details>\n

\n

Question 21.
\nBusiness people have the skills to solve
\n(a) All social problems
\n(b) All economic problems
\n(c) No social problems
\n(d) Some social problems<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (d) Some social problems<\/p>\n<\/details>\n

\n

Question 22.
\n_______ damages the quality of land making it unfit for agriculture or plantation.
\n(a) Land Pollution
\n(b) Air Pollution
\n(c) Noise Pollution
\n(d) Water Pollution<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (a) Land Pollution<\/p>\n<\/details>\n

\n

Question 23.
\nCarbon monoxide emitted by automobiles directly contributes to
\n(a) Air pollution
\n(b) Noise pollution
\n(c) Water Pollution
\n(d) Land pollution<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (a) Air pollution<\/p>\n<\/details>\n

\n

Use the above-provided NCERT MCQ Questions for Class 11 Business Studies Chapter 6 Social Responsibilities of Business and Business Ethics with Answers Pdf free download and get a good grip on the fundamentals. Need any support from our end during the preparation of CBSE Class 11 Business Studies Social Responsibilities of Business and Business Ethics MCQs Multiple Choice Questions with Answers then leave your comments below. We’ll revert back to you soon.<\/p>\n","protected":false},"excerpt":{"rendered":"

Students who are searching for NCERT MCQ Questions for Class 11 Business Studies Chapter 6 Social Responsibilities of Business and Business Ethics with Answers Pdf free download are compiled here to get good practice on all fundamentals. Know your preparation level on MCQ Questions for Class 11 Business Studies with Answers. You can also verify …<\/p>\n

MCQ Questions for Class 11 Business Studies Chapter 6 Social Responsibilities of Business and Business Ethics with Answers<\/span> Read More »<\/a><\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","spay_email":""},"categories":[35],"tags":[],"yoast_head":"\nMCQ Questions for Class 11 Business Studies Chapter 6 Social Responsibilities of Business and Business Ethics with Answers - MCQ Questions<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mcq-questions.com\/mcq-questions-for-class-11-business-studies-chapter-6\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MCQ Questions for Class 11 Business Studies Chapter 6 Social Responsibilities of Business and Business Ethics with Answers - MCQ Questions\" \/>\n<meta property=\"og:description\" content=\"Students who are searching for NCERT MCQ Questions for Class 11 Business Studies Chapter 6 Social Responsibilities of Business and Business Ethics with Answers Pdf free download are compiled here to get good practice on all fundamentals. 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