WORKSHEET -3

Class –XI
SOCIAL RESPONSIBILITIES OF BUSINESS AND BUSINESS ETHICS

MCQs

1. Which of the following alone can ensure effective ethics programme in a business
enterprise?
(a) Publication of a code
(b) Involvement of employees
(c) Establishment of compliance mechanisms
(d) None of them
2. Why Business Ethics are important
(a) It formulates the business image and builds the brand
(b) It influences the buying decision of the customer
(c) Build confidence within employees
(d) All of the above
3. Ethical commitment starts with:
(a) Middle level managers
(b) Top level management
(c) Lower level management
(d) All of the above
SHORT ANSWER TYPE QUESTIONS

1. What do you mean by Business Ethics?

2. Why the employees should be involved in developing Ethical programs?
3. Name the concept which defines the right & wrong behavior in the world of business.
4. How can efficient communication system ensure compliance of ethical standards?

LONG ANSWER TYPE QUESTIONS

1. Explain various elements of Business Ethics.