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Social Responsibilities of Business and Business Ethics

Odisha Board · Class 11 · Business Studies

Practice quiz for Social Responsibilities of Business and Business Ethics — Odisha Board Class 11 Business Studies. MCQs and questions with answers to test your preparation.

118 questions22 flashcards5 concepts

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Quick Quiz: Social Responsibilities of Business and Business Ethics

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1

What does social responsibility of business primarily refer to?

2

Which of the following is NOT a type of pollution discussed in the chapter?

3

What is the primary goal of Corporate Social Responsibility (CSR)?

4

What are the four categories of social responsibility mentioned in the chapter?

118 Questions·
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Sample Questions

1multiple choice

What is the primary purpose of business ethics?

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To govern the relationship between business objectives and societal good

Business ethics concerns itself with ensuring business practices serve the broader interests of society.

2multiple choice

Which Indian law governs the concept of Corporate Social Responsibility?

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Companies Act, 2013

Clause 135 of the Companies Act, 2013 specifically governs CSR in India.

3multiple choice

What percentage of average net profit are companies encouraged to spend on CSR activities?

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2%

The Companies Act encourages companies to spend 2% of their average net profit in the previous three years on CSR activities.

4multiple choice

Which of the following is NOT a universal virtue of ethics mentioned in the chapter?

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Maximize profits

The universal virtues listed do not include maximizing profits, but focus on ethical behaviors like trustworthiness, respect, and fairness.

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Frequently Asked Questions

What are the important topics in Social Responsibilities of Business and Business Ethics for Odisha Board Class 11 Business Studies?
Social Responsibilities of Business and Business Ethics covers several key topics that are frequently asked in Odisha Board Class 11 board exams. Focus on the core concepts listed on this page and practise related questions to build confidence.
How to score full marks in Social Responsibilities of Business and Business Ethics — Odisha Board Class 11 Business Studies?
Understand the core concepts first, then work through the 118 practice questions available for this chapter. Revise formulas and definitions regularly, and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

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