Business Studies

Social Responsibility of Business and Business Ethics

Question:

What is code of ethics?

Answer:

An enterprise must clearly define the ethical code of conduct to be followed in the organisation. The code should include quality standards for work, laws governing production and employee's health and safety standards.

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Social Responsibility of Business and Business Ethics

Q 1.

Give any one point of difference between ethics and law.

Q 2.

Describe the obligations of business towards owners and shareholders .

Q 3.

Give any two reasons supporting social responsibilities.

Q 4.

Give any four reasons against the social responsibilities of business.

Q 5.

If you start a business, which objective will be of utmost importance to you and why?

Q 6.

Give any two reasons against social obligation.

Q 7.

What is environmental pollution?

Q 8.

What do you mean by the principle derived from social values which guide and govern the conduct of businessmen? Explain the factors governing these principles and values.

Q 9.

Discuss the forces which are responsible for increasing concern of business enterprises towards social responsibility.

Q 10.

What are the obligations of a business in the name of social responsibility?

Q 11.

What is environment? What is environmental pollution?

Q 12.

Explain the reality of social responsibility.

Q 13.

Briefly explain (a) Air pollution, (b) Water pollution, and (c) Land pollution.

Q 14.

Define pollution.

Q 15.

Why should a business do any thing for society at large?

Q 16.

Define corporate social responsibility.

Q 17.

Do businessmen have skill to tackle social problems?

Q 18.

What is code of ethics?

Q 19.

"A business owes curtain obligations towards different groups."Identify those groups and explain the obligation of business towards those groups.
Or
Explain social responsibility of a business towards different interest groups.

Q 20.

Mention two responsibilities of business towards customers.

Q 21.

Explain the obligations of business towards owners and investors.

Q 22.

What obligation does a businessman have towards the government?

Q 23.

Why do the enterprises need to adopt pollution control measures?

Q 24.

Give any one difference between ethics and law.

Q 25.

What is corporate social responsibility? Is it similar to business ethics?

Q 26.

What steps can an enterprise take to protect the environment from the dangers of pollution?

Q 27.

"Like an individual, business enterprise should also be a loyal citizen to the state."Discuss.

Q 28.

What are the responsibilities of business towards employees and customers?

Q 29.

What is business ethics? Mention the basic elements of business ethics.

Q 30.

How can a business enterprise improve its public image by performing social responsibilities?

Q 31.

Build up arguments for and against social responsibilities.

Q 32.

Which eight problems have been identified by the United Nations which cause damage to natural environment?

Q 33.

Social responsibility is not an area of business. Do you agree? Justify.

Q 34.

What do you understand by social responsibility of business? How is it different from legal responsibility?

Q 35.

What is the relation between ethics and moral values?

Q 36.

What is the reality of social responsibilities?

Q 37.

Business is essentially, a social institution and not merely a profit making activity.' Explain.

Q 38.

Explain the need for social responsibility.

Q 39.

What do you mean by the principles derived from social values which guide and govern the conduct of businessmen?

Q 40.

Describe the reality of social responsibilities of a company.

Q 41.

What are the core objectives of social responsibility of business?

Q 42.

Name any four elements of business ethics.

Q 43.

Name any two factors which affect the ethical behaviour of a business.

Q 44.

Business ethics and social responsibility are not synonyms but are closely related. Substantiate.

Q 45.

Explain the various elements of business ethics.

Q 46.

What are the major areas of social responsibility of business?