______ is not an element of business ethics.
The concept of social Responsibility is fundamentally ________ concept.
An ethical
A moral
A political
None of these
________ means obligations of the business persons to pursue those policies that help society in achieving its objectives and values.
Individual Responsibility
Social Responsibility
Human Rights
Business Responsibility
It is argued that the concept of social responsibility is a _______ doctrine that would undermine the principles upon which a free enterprise system is based.
Subversive
Inversive
Exercisive
_______ refer to the moral principles to be followed by business in relation to society.
Social Ethics
Business Ethics
Personal Ethics
If business is to operate in a society which is full of diverse and complicated problems, it may have _________.
Ethics is important for __________.
Top Management
Middle level
Non - management Employer
All of these
_______ implies that society would be a loser in productivity and the economic role of business in society would became confused.
Profit Maximization
Lost of social involvement
Dilution of business goals
Problems can become profits
To ________ ethical factors, business persons have to develop clear principles, basis of weighing those factors etc.
Ethics involves critical analysis of human acts to determine whether they are right or wrong in terms of two major criteria namely _________ and _______.
Law ; justice
Truth ; law
Truth ; justice
Law ; truth