Tag: industrial pollution accelerated with the start of industrial revolution

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Multiple choice concept of social responsibility organization of commerce and management industrial pollution and degradation of environment environmental values and ethics industrial pollution accelerated with the start of industrial revolution social responsibility towards the environment

Measures to improve ethical behavior of business are framed at which level?

  1. Societal level

  2. Government level

  3. Institution level

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

following are the measures to improve ethical behavior of business :-

1. Institutional level
2.Government level
3. Societal level.

Multiple choice concept of social responsibility organization of commerce and management industrial pollution and degradation of environment environmental values and ethics industrial pollution accelerated with the start of industrial revolution social responsibility towards the environment

Which of the following ethical issue is related to production?

  1. Black market

  2. Grey market

  3. Price discrimination

  4. None of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation
This area of business ethics deals with the duties of a company to ensure that their products and production processes do not cause harm to society at large. 
Some of the more acute dilemmas in this area arise out of the fact that there is usually a degree of danger in any product or its production process and it is difficult to define the degree of permissibility, since the degree of permissibility may depend on the changing state of preventative technologies or changing social perceptions of acceptable risk.

 — Defective, addictive and inherently dangerous products.

 — Ethical relations between the company and the environment include pollution, environmental ethics and carbon emissions trading.

 — Ethical problems arising out of new technologies, for example, genetically modified food.

 — Product testing ethics.
The most systematic approach to fostering ethical behavior in business is to build a corporate culture
that would link ethical standards and business practices.
Multiple choice concept of social responsibility organization of commerce and management industrial pollution and degradation of environment environmental values and ethics industrial pollution accelerated with the start of industrial revolution social responsibility towards the environment

Corporate codes of ethics.

  1. Are always externally audited

  2. Create guidelines for employees to work by

  3. Are always compliance based

  4. Are always integrity based
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation
A corporate code of conduct may be defined as a document containing the core values and moral principles which all those working in the company are expected to follow in the course of their duties as well as in their daily activities. It reflects commitment of the company to ensure ethical behaviour on the part, of its members. It also indicates how an employee should act in general or in specific situations. A code of conduct lays down 'do’s' and `don'ts'. It describes socially acceptable and responsible behaviour. Hence, a code of ethics is a tangible guide to ethically desirable behaviour. 
Multiple choice concept of social responsibility organization of commerce and management industrial pollution and degradation of environment environmental values and ethics industrial pollution accelerated with the start of industrial revolution social responsibility towards the environment

Pick the odd one. It is UNCOMMON for business to behave ethically because.

  1. It has to meet stock holder expectations

  2. It has to ignore their employees relations

  3. To build trust with shareholders

  4. All of the above
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Ignoring employees relations are not ethical because employees are the most important resource of the company .

Multiple choice concept of social responsibility organization of commerce and management industrial pollution and degradation of environment environmental values and ethics industrial pollution accelerated with the start of industrial revolution social responsibility towards the environment

EBEN is?

  1. European Business Ethics network

  2. European Business Ethics nation

  3. European Business Ethics national

  4. None of the above
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The European Business Ethics Network $(EBEN)$ is an international network of academics and practitioners that promotes ethical business practice and increases awareness about ethical challenges in the global marketplace. 

Multiple choice concept of social responsibility organization of commerce and management industrial pollution and degradation of environment environmental values and ethics industrial pollution accelerated with the start of industrial revolution social responsibility towards the environment

Government gives awards for ethics shown by business people. The name of the award is?

  1. Indira Gandhi Paryavaran Puraskar

  2. Indira Gandhi Kiteracy Puraskar

  3. Rajeev Gandhi Paryavaran Puraskar

  4. Mahatma Gandhi Paryavaran Puraskar
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Indira Gandhi Paryavaran Puraskar ( Indira Gandhi Environment Award) is an environment award instituted by the Ministry of Environment and Forests, Government of India in the year $1987$, in order to encourage public participation in environment. It is awarded to individuals and organizations that have made significant and measurable contributions in the field of environment protection and improvement.The prize is presented every year on an occasion related to the environment.

Multiple choice concept of social responsibility organization of commerce and management industrial pollution and degradation of environment environmental values and ethics industrial pollution accelerated with the start of industrial revolution social responsibility towards the environment

Focusing more on the environmental impacts helps to attract and retain employees, and customers.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Make it clear to employees that you welcome — and will implement — good ideas that also foster sustainability. For example, installing motion sensors in your workplace that turn off the lights when nobody is in the room will help save energy and save money. Establish a program that rewards and recognizes employees who come up with ideas that reduce waste and save resources. That's certainly a win for people, planet and profits.

Multiple choice concept of social responsibility organization of commerce and management industrial pollution and degradation of environment environmental values and ethics industrial pollution accelerated with the start of industrial revolution social responsibility towards the environment

Prevention of wastage of materials and energy can be done through _______.

  1. Recycling

  2. Reducing consumption

  3. Selection of suitable facility for production

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation
  • Recycling: Place blue recycling bins around the office for easier trash disposal. You can also provide smaller containers for recyclable materials along with individual employee wastebaskets. Demonstrate your support for sustainable products by asking your office manager to prioritize the purchase of office supplies that contain recycled materials.
  • Reducing consumption: Encourage employees to minimize waste by reducing unnecessary printing, turning lights off in rooms that are not being used and bringing their own mugs and reusable water bottles from home.
  • Selection of suitable facility for production: selecting the best method of production which reduces wastage of material and energy.
Multiple choice concept of social responsibility organization of commerce and management industrial pollution and degradation of environment environmental values and ethics industrial pollution accelerated with the start of industrial revolution social responsibility towards the environment

Identify the measures taken by businesses to protect environment.

  1. Installing and maintaining pollution control equipment.

  2. Having an audit system for checking the efficacy of environment protection measures.

  3. Participating in environmental protection measures.

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

There are many measures which can be taken by businesses to protect environment. All the above 3 are examples of the steps which  businessmen can apply in their business and contribute to the environment which will protect environment to a certain limit.

Multiple choice concept of social responsibility organization of commerce and management industrial pollution and degradation of environment environmental values and ethics industrial pollution accelerated with the start of industrial revolution social responsibility towards the environment

The Sarbanes-Oxley Act, $2002$ was enacted and passed in USA to _________.

  1. punish those who committed accounting frauds in the late $1990s$

  2. improve corporate profits

  3. help laid-off employees get their jobs back

  4. help restore confidence in corporate America
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation
The U.S. Congress passed the Sarbanes-Oxley Act $2002$, also known as the Corporate Responsibility Act of $2002$, mandated strict reforms to improve financial disclosures from corporations and prevent accounting fraud.
$SOX$ protects employees that report fraud and testify in court against their employers. Companies are not allowed to change the terms and conditions of their employment. They can't reprimand, fire, or blacklist the employee. $SOX$ also protects contractors. Whistle blowers can report any corporate retaliation to the $SEC.$