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3.1 Business Environment and Strategy (BES) (Section - B)

Business and Society

09 Unit : Practice Multiple Choice Questions (MCQs)

Submissions
Here are your latest answers:

Question 1
The concept of enterprise-level strategy is based on the premise that the finest relationships are made at the enterprise level.

Response: strategy to performance

Correct answer: ethics to strategy

Score: 0 out of 1 No

Question 2
Except for , technology has aided society in all of the following ways.

Response: raising the standard of living

Correct answer: improving the sustainability of life on Earth

Score: 0 out of 1 No

Question 3
What is the result of decentralisation and a variety of power concentrations.

Response: A totalitarian society

Correct answer: A pluralistic society

Score: 0 out of 1 No

Question 4
Except for the following, the Enron Era brought forth a broad variety of legal and ethical allegations, which included all of the following

Response: securities fraud

Correct answer: building company assets

Score: 0 out of 1 No

Question 5
According to the traditional theory of economics, a society’s needs and desires are best determined via which one of the following?

Response: Democracy

Correct answer: A centrally planned economy

Score: 0 out of 1 No

Question 6
What is a technique of governing, directing, administering, or controlling a business?

Response: Management

Correct answer: Corporate governance

Score: 0 out of 1 No
Question 7
What is the driving force behind the new social contract?

Response: Global competition

Correct answer: Global competition

Score: 1 out of 1 Yes

Question 8
Which of the following is not a method that volunteer initiatives may assist businesses?

Response: developing employee skills

Correct answer: developing strong ties with local government officials

Score: 0 out of 1 No

Question 9
All of the following are common customer complaints, with the exception of which one of the following?

Response: poor quality of products

Correct answer: lack of consumer credit

Score: 0 out of 1 No

Question 10
Which of the following functions of stakeholder management is not deemed important?

Response: to analyse

Correct answer: to lead

Score: 0 out of 1 No