Ethics part 2

Question 1

The concept of Optimum Capacity utilization is presented in _________.

Question 7 options:

Gita
Bible
Upanishad
Quran

Answer 1

Gita

Question 2

Which of the following defines the term ‘Value’ in best way?

Question 10 options:

Foundation of integrity, accountability and humanism

Foundation encompassing the values and ethics concerning humanism.

Foundation upon which other values and measures of integrity are based.

Foundation relative to the values and attitudes of a society

Answer 2

Foundation relative to the values and attitudes of a society

Question 3

Managers with values will __________.

Question 1 options:

shape the working environment

align the beliefs and perceptions of the employees

build the right attitude for work

all of the above

Answer 3

all of the above

Question 4

Three vital values for Managers are ____________.

Question 2 options:

Accountability, Integrity, Reliability

Accessibility, Integrity, Reliability

Accountability, Integrity, Validity

None of the above

Answer 4

Accountability, Integrity, Reliability

Question 5

CSR stands for _____________.

Question 3 options:

Cultural Social Responsibility

Corporate Structural Review

Corporate Social Responsibility

Corporate Social Review

Answer 5

Corporate Social Responsibility

Question 6

Which of the following statement is TRUE?

Question 4 options:

In secular management, there are no spiritual values employed.

In secular management there is no reference to any supreme being

Both (A) and (B)

Neither (A) nor (B)

Answer 6

Both (A) and (B)

Question 7

The major area which is NOT covered under Ethos are __________.

Question 5 options:

Wisdom

Goodwill

Virtue

Culture

Answer 7

Culture

Question 8

The areas of study within ethics are __________.

Question 6 options:

Meta ethics, Cultural ethics, Value ethics

Meta ethics, Cultural ethics, Applied ethics

Social ethics, Normative ethics, Applied ethics

Meta ethics, Normative ethics, Applied ethics

Answer 8

Meta ethics, Normative ethics, Applied ethics

Question 9

Indian managers are __________ when compared with western managers.

Question 7 options:

paternalistic

hold corporate loyalty

both (A) and (B)

Neither (A) nor (B)

Answer 9

both (A) and (B)

Question 10

Western managers are more productivity oriented than ________ oriented.

Question 8 options:

people

value

money

none of the above

Answer 10

people oriented

Question 11

Which of the following is NOT the elements of value based management?

Question 9 options:

Creating value

Managing value

Maintaining value

Change value

Answer 11

Change value

Question 12

Value Based Management is NOT a _________.

Question 10 options:

statistical approach

managerial process

management approach

philosophical concept

Answer 12

statistical approach

Question 13

Strategy is defined as a _______ blueprint.

Question 1 options:

Limited range

Unlimited range

Short range

Long range

Answer 13

Long range

Question 14

Strategic management involves the decision-making activities in an organization which ___________.

Question 2 options:

has a long term perspective

utilizes critical resources towards its opportunities and threats in the environment

has wider implications

All of the above

Answer 14

All of the above

Question 15

Strategic Management has process ________ phases.

Question 4 options:

Two

Three

Four

Six

Answer 15

Four

Question 15

Strategic management emphasizes the monitoring and evaluation of external

opportunities and threats in the light of a company’s ________.

Question 3 options:

Incomes and Expenses

Positives and Negatives

Assets and Liabilities

Strengths and Weaknesses

Answer 15

Strengths and Weaknesses

Question 16

Which of the following describes the required future position of the company?

Question 5 options:

Evaluation Statement

Structural Statement

Mission Statement

Vision Statement

Answer 16

Vision Statement

Question 16

According to Porter, what is usually the most powerful of the five competitive

forces?

Question 6 options:

Potential entry of new competitor

Rivalry among existing firms

bargaining power of buyers and suppliers

all of the above

Answer 16

Rivalry among existing firms

Question 17

The first stage of strategic management process is _______.

Question 7 options:

Environmental Scanning

Strategy Formulation

Strategy Evaluation

Strategy Implementation

Answer 17

Environmental Scanning

Question 18

A firm has control over it’s _________ environment but not with ______

environment.

Question 8 options:

structured environment; unstructured environment

macro environment; micro environment

external environment; internal environment

internal environment; external environment

Answer 18

internal environment; external environment

Question 19

The Internal factors that contribute to the business environment is/are ______.

Question 9 options:

Company Image

Research and Development

Brand Equity

all of the above

Answer 19

All of the above

Question 20

The micro environment is also known as ________.

Question 10 options:

Task environment and operating environment

Task environment

Operating environment

None of the above

Answer 20

Task environment and operating environment