MCQ Indian Ethos and Business Ethics

1.
Ethos is a ______ word original meaning accustomed place or character

and it is used to describe the guiding believes our ideals that characterize a
community, nation or ideology.
a. Latin
b. Sanskrit
c. Greek
d. Pali
2. ______ is drawn from Indian customs and traditions and owes its roots to
the Vedas, Upanishads, Ramayana and Mahabharata.
a. Ethos
b. Ancient Ethos
c. Indian Ethos
d. International Ethos
3. Which is the principle of Indian ethos _______?
a. Infinite potential and divinity of all souls

b. The world is one family and Welfare of all
c. Work results and detachment
d. All of the above
4. Arthashastra was written by _____
a. Kautilya
b. Chandragupta
c. Adi Shankaracharya
d. Ashtavakra
5. A 20th and 21st century management concepts were largely ______ and
where developed in the context of markets emerging as a dominant force
________
a. Eastern
b. Western
c. Latin
d. Middle east
6. The Indian ethos of management redefines management as __________.
a. Getting people to more profits at any cost

b. helping ordinary people to produce extra ordinary results
c. getting things done by others
d. Getting people to produce maximum products and services
7. By taking a holistic and _______approach the Indian ethos sees a person in

his totality with the various roles that he plays.
a. Dvait
b. Duality
c. Advaitic
d. Bhautic
8. _______ in Hinduism means happiness from all sides.
a. Advait
b. Ananda
c. Sukha
d. Vaibhav
9. The Tata Ethos places special emphasis on__________ issues.
a. environmental
b. social
c. ecological
d. All of the above
10. The Tata groups beliefs on _________ have led to a corporate policy that
emphasizes environment preservation.
a. profitability
b. productivity
c. sustainability
d. speciality
11. Indian ethos is all about what can be termed as ________
a. Local ethos
b. National ethos
c. International ethos
d. Glocal ethos
12. ________ is the body of knowledge which drives its solutions from the rich
and huge Indian system of ethics.
a. International ethos in management

b. Indian ethos in management
c. National ethos in management
d. Local ethos in management
13. ________ is the body of knowledge which drives its solutions from the rich
and huge Indian system of ethics.
a. International ethos in management

b. Indian ethos in management
c. National ethos in management
d. Both a and b
14. Indian ethos is needed due to ______
a. Holistic universe and Welfare for all

b. Unique work culture
c. Establishment of value system
d. All of the above
15. Paraspar devo Bhava refers to ______
a. Infinite happiness and infinite peace

b. Regard the other person as a divine being
c. As we think so we succeed
d. Worship people not only with material thing
16. In Indian ethos decision making is baswd on _______
a. Brain storming
b. Brain stilling
c. Brain miracles
d. Brainwashing
17. Indian ethos in management has ______
a. External behaviour approach

b. Material and selfish approach
c. Mental approach
d. Inner guidance and global good approach
18. Indian ethos in management has emphasis on _________
a. Worker development
b. Integrated growth harmony
c. Management of others
d. Human being only given lip sympathy
19. Indian ethos in management focus on material gain with belief in _______
a. achieving human and social welfare in unison

b. Achieving more production and productivity
c. Achieving more profit at any cost
d. Achieving more skilled manpower for high results
20. Productivity in an Indian ethos in management is _________
a. Output centric
b. Input centric
c. People centric
d. Profit centric
21. Indian ethos in management deals with planning which refers to _______
a. Management by money
b. Management by strategy
c. Management by results
d. Management by tactic
22. Training in Indian ethos in management focuses on ________
a. Functional skills
b. Value oriented skills
c. Holistic approach
d. All of the above
23. In IEM concept on managers mind set is to produce _____
a. results
b. profits
c. performers
d. products
24. The Indian view on stress that is ancient literature does talk of 3 tap in
which adhyatwika refers to ________
a. Stress due to acts of God

b. Stress due to one’s own body and mind
c. Stress due to other beings
d. Stress due to universal negative forces
25. _____ indicates excellence at work through self motivation and self
development with devotion and without attachment.
a. Paraspar DevoBhav
b. Yogahkarmashu Kaushalam
c. Archetdanamanabhyam
d. Atmano Mokshartham, Jagathitaya cha
26. A stakeholder orientation includes all of the following activities except:
a. generating data about stakeholder groups

b. assessing the firm's effects on stakeholder groups
c. distributing stakeholder information throughout the firm
d. minimizing the influence of stakeholder information on the firm
27. Stakeholders are considered more important to an organization when:

a. they can make use of their power on the organization
b. they do not emphasize the urgency of their issues
c. their issues are not legitimate
d. they can express themselves articulately
28. A (n) ________ is a problem, situation, or opportunity requiring an individual,
group, or organization to choose among several actions that must be evaluated
as right or wrong.
a. Crisis
b. ethical issue
c. indictment
d. fraud
29. What type of justice exists if employees are being open, honest, and truthful in
their communications at work?
a. Procedural
b. Distributive
c. Ethical
d. Interactional
30. A high-commitment approach to environmental issues may include all of the
following except:
a. risk analysis
b. stakeholder analysis
c. green-washing
d. strategic sustainability auditing
31. Better access to certain markets, differentiation of products, and the sale of
pollution-control technology are ways in which better environmental performance
can:
a. increase revenue
b. increase costs
c. decrease revenue
d. decrease costs
32. Atmospheric issues include all of the following except:
a. acid rain
b. global warming
c. air pollution
d. water quantity
33. To be successful, business ethics training programs need to:
a. focus on personal opinions of employees.
b. be limited to upper executives.
c. educate employees on formal ethical frameworks and models of ethical
decision making.
d. promote the use of emotions in making tough ethical decisions.
34. Most companies begin the process of establishing organizational ethics
programs by developing:
a. ethics training programs.
b. codes of conduct.
c. ethics enforcement mechanisms.
d. hidden agendas.
35. For referent power to be effective, what must exist between individuals in the
relationship?
a. Antipathy
b. Rivalry
c. History
d. Empathy
36. When a firm charges different prices to different groups of customers, it may be
accused of:
a. cultural relativism
b. money laundering
c. facilitating payments
d. price discrimination
37. The ability to interpret and adapt successfully to different national, organizational,
and professional cultures is called:
a. national competitiveness.
b. global development.
c. cultural intelligence.
d. stakeholder sensitivity
38. Successful global initiatives addressing standards for business must begin and
end with:
a. the role of corporate governance and shareholder power in corporate
decision making.
b. social activism
c. the implementation of standardized ethics programs.
d. the consolidation of economic and environmental efforts.
39. The social economy partnership philosophy emphasizes:
a. cooperation and assistance.
b. profit maximization.
c. competition.
d. restricting resources and support.
40. Which of the following is not a driver of responsible competitiveness?
a. Policy drivers
b. Development drivers
c. Business action
d. Social enablers
41. Which of the following is a problem presented by ethics audits?
a. They may be used to reallocate resources.
b. They identify practices that need improvement.
c. Selecting auditors may be difficult.
d. They may pinpoint problems with stakeholder relationships.
42. The first step in the auditing process should be to secure the commitment of:
a. employees.
b. top executives and directors.
c. stockholders.
d. customers.
43. Codes of conduct and codes of ethics
a. are formal statements that describe what an organization expects of its
employees.
b. become necessary only after a company has been in legal trouble.
c. are designed for top executives and managers, not regular employees.
d. rarely become an effective component of the ethics and compliance program.
44. Which of the following is NOT one of the primary elements of a strong
organizational compliance program?
a. A written code of conduct
b. An ethics officer
c. Significant financial expenditures
d. A formal ethics training program
45. The hand-of-government refers to the
a. ability of the government to interfere in business negotiations
b. role of corporations to be profitable within the law
c. effect of national politics on business decisions
d. impact of changing government regulations
46. An organisation's obligation to act to protect and improve society's welfare as
well as its own interests is referred to as
a. organisational social responsibility
b. organisational social responsiveness
c. corporate obligation
d. business ethics
47. The view that business exists at society's pleasure and businesses should meet
public expectations of social responsibility is the
a. iron law of responsibility argument
b. enlightened self-interest argument
c. capacity argument
d. anti-freeloader argument
48. Managerial ethics can be characterised by all of the following levels except
a. immoral management
b. amoral management
c. demoral management
d. moral management
49. Which of the following is not one the underlying principles of the corporate
governance Combined Code of Practice?
a. Openness
b. Integrity
c. Accountability
d. acceptability
50. External audit of the accounts of a limited company is required
a. because it is demanded by the company’s bankers
b. by the Companies Act 2006
c. at the discretion of the shareholders
d. to detect fraud

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1.

Ethos is a ______ word original meaning accustomed place or character

3. Which is the principle of Indian ethos _______?

a. Infinite potential and divinity of all souls

4. Arthashastra was written by _____

6. The Indian ethos of management redefines management as __________.

a. Getting people to more profits at any cost

7. By taking a holistic and _______approach the Indian ethos sees a person in

8. _______ in Hinduism means happiness from all sides.

9. The Tata Ethos places special emphasis on__________ issues.

11. Indian ethos is all about what can be termed as ________

a. International ethos in management

a. International ethos in management

14. Indian ethos is needed due to ______

a. Holistic universe and Welfare for all

15. Paraspar devo Bhava refers to ______

a. Infinite happiness and infinite peace

16. In Indian ethos decision making is baswd on _______

17. Indian ethos in management has ______

a. External behaviour approach

18. Indian ethos in management has emphasis on _________

a. achieving human and social welfare in unison

20. Productivity in an Indian ethos in management is _________

22. Training in Indian ethos in management focuses on ________

23. In IEM concept on managers mind set is to produce _____

a. Stress due to acts of God

26. A stakeholder orientation includes all of the following activities except:

a. generating data about stakeholder groups

27. Stakeholders are considered more important to an organization when:

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