Ethics and Social Responsibility in Decision Making Quiz

Test your knowledge on CSR, ethical principles, sustainable practices & more with our Business Ethics Quiz.

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What does CSR stand for in the context of business ethics?

Corporate Social Responsibility

Customer Satisfaction Ratio

Cost Savings and Revenue

Company Sustainability Report

What is the Triple Bottom Line in the context of sustainability?

Profit, people, and planet

Revenue, resources, and reputation

Product, process, and promotion

Power, privilege, and perspective

What is the concept of 'stakeholder theory' in business ethics?

Focusing solely on shareholders' interests

Considering the interests of all parties affected by business decisions

Ignoring the impact of decisions on external parties

Prioritizing profits over ethical considerations

In ethical decision-making, what does the term 'cultural relativism' refer to?

Evaluating actions based on one's own cultural norms

Believing that ethics is universally applicable across all cultures

Adapting one's ethical standards to fit the cultural context

Promoting a single global ethical standard

What is the concept of 'whitewashing' in the context of corporate social responsibility?

Hiring a diverse workforce

Exaggerating or covering up unethical practices to appear socially responsible

Painting company buildings in white to symbolize purity

Donating to multiple charities

Which ethical principle emphasizes treating all individuals fairly and equally?

Utilitarianism

Justice

Virtue Ethics

Deontology

In the context of decision-making, what does the term 'whistleblowing' refer to?

Making decisions based on personal values

Reporting unethical behavior within an organization

Considering the consequences of actions

Using a decision matrix for analysis

What is the concept of 'conflict of interest' in ethical decision-making?

Having diverse opinions within a team

Being torn between two equally ethical options

A situation where personal interests may interfere with professional duties

A disagreement on ethical principles

Which ethical theory suggests that the right action is the one that leads to the greatest overall happiness?

Deontology

Virtue Ethics

Utilitarianism

Social Contract Theory

#10

What does the acronym 'ESG' stand for in the context of sustainable investing?

Environmental, Social, and Governance

Ethical, Sustainable, and Green

Economic, Social, and Governmental

Efficiency, Safety, and Growth

#11

What is the main goal of sustainable business practices?

Maximizing short-term profits

Minimizing employee satisfaction

Balancing economic, social, and environmental concerns

Avoiding government regulations

#12

Which ethical framework focuses on the inherent rights and dignity of individuals?

Utilitarianism

Virtue Ethics

Deontology

Social Contract Theory

#13

What is the 'tragedy of the commons' in the context of environmental ethics?

Overreliance on renewable resources

Lack of resources for everyone to share

Balancing economic, social, and environmental concerns

Effective management of shared resources

#14

What role does a code of ethics play in an organization?

It dictates the company's profits

It guides employees on acceptable behavior

It determines market competition

It influences tax regulations

#15

What is the 'social contract' in ethical philosophy?

An agreement between individuals to form a society and abide by its rules

A contract between a company and its customers

A legal agreement between two business entities

An agreement between employees and employers

Ethics and Social Responsibility in Decision Making Quiz

What does CSR stand for in the context of business ethics?

What is the Triple Bottom Line in the context of sustainability?

What is the concept of 'stakeholder theory' in business ethics?

In ethical decision-making, what does the term 'cultural relativism' refer to?

What is the concept of 'whitewashing' in the context of corporate social responsibility?

Which ethical principle emphasizes treating all individuals fairly and equally?

In the context of decision-making, what does the term 'whistleblowing' refer to?

What is the concept of 'conflict of interest' in ethical decision-making?

Which ethical theory suggests that the right action is the one that leads to the greatest overall happiness?

What does the acronym 'ESG' stand for in the context of sustainable investing?

What is the main goal of sustainable business practices?

Which ethical framework focuses on the inherent rights and dignity of individuals?

What is the 'tragedy of the commons' in the context of environmental ethics?

What role does a code of ethics play in an organization?

What is the 'social contract' in ethical philosophy?

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