Global Corporate online mcq with answer practice set

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MCQ Question

The socio-economic operating statement should be prepared

1. along with the temperature of the place
2. along with the financial statements of the company
3. along with the political statements
4. along with the technical statements

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Answer 2. along with the financial statements of the company

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MCQ Question

Social accounting is:

1. the systematic assessment and reporting on those aspects of a company as activities that have a political impact
2. the systematic assessment and reporting on those aspects of a company as activities that have an economic impact
3. the systematic assessment and reporting on those aspects of a company as activities that have a technical impact
4. the systematic assessment and reporting on those aspects of a company as activities that have a social impact

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Answer 4. the systematic assessment and reporting on those aspects of a company as activities that have a social impact

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MCQ Question

Counterfeiting refers to

1. printing money
2. stealing money
3. violating the patent and copyright of another firm
4. All of the above

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Answer 3. violating the patent and copyright of another firm

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MCQ Question

Adding ecotourism or geotourism to an already rich tourism market such as the Dominican Republic- is an example of

1. Reaching untapped market potential
2. misusing the environment
3. Marketing the place to increase pollution
4. increasing profits

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Answer 1. Reaching untapped market potential

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MCQ Question

Social audit refers to

1. the process involving a retrospective review of the impact or contribution of a company to the recognized political dimensions
2. the process involving a retrospective review of the impact or contribution of a company to the recognized technical dimensions
3. the process involving a review of the impact of a company to the recognized social dimensions
4. the process involving a retrospective review of the impact or contribution of a company to the recognized economic dimensions

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Answer 3. the process involving a review of the impact of a company to the recognized social dimensions

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MCQ Question

Sustainability Indicators include:

1. crop yields,
2. productivity,
3. nutrient status
4. All of the above

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Answer 4. All of the above

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MCQ Question

The following act deals with welfare of the employees:

1. Factories Act
2. the Employees Statement Insurance Act, 1948
3. Employees Provident Fund
4. All of the above

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Answer 2. the Employees Statement Insurance Act, 1948

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MCQ Question

Which of the following is a criticism of TBL?

1. Division of Labour
2. effectiveness
3. Nationalism
4. All of the above

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Answer 1. Division of Labour

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MCQ Question

Companies who are willing to…are committed:

1. provide information that is incredible
2. provide information that is ambiguous
3. provide information that is credible
4. provide information that is unverifiable

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Answer 3. provide information that is credible

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MCQ Question

The positivist approach was studied in terms of

1. Environment Protection
2. FDI
3. HDI
4. GDP/GNP

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Answer 4. GDP/GNP

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MCQ Question

Comprehensive Audit tries to

1. measure, verify and evaluate the total performance of the organization including its profitability activities
2. measure, verify and evaluate the total performance of the organization including its technical activities
3. measure, verify and evaluate the total performance of the organization including its economic activities
4. measure, verify and evaluate the total performance of the organization including its social responsibility activities

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Answer 2. measure, verify and evaluate the total performance of the organization including its technical activities

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MCQ Question

Cadbury Committee was set up by…in…

1. Tokyo Stock Exchange, 1980
2. Singapore Stock Exchange, 1985
3. London Stock Exchange, 1991
4. None of the above

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Answer 3. London Stock Exchange, 1991

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MCQ Question

Corporate Governance can be defined

1. as a systematic process by which companies are directed and controlled to enhance their wealth generating capacity
2. as a unsystematic process by which companies are directed and controlled to enhance their wealth generating capacity
3. as a systematic process by which companies are directed and controlled to enhance their space
4. as a systematic process by which companies are directed and controlled to enhance their political contacts

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Answer 3. as a systematic process by which companies are directed and controlled to enhance their space

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MCQ Question

Free markets are justified from ethical point of view because

1. they allocate resources and distribute commodities in ways that are just
2. they maximize the economic utility of society’s members
3. they respect the freedom of choice of both buyers and sellers
4. All of the above

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Answer 1. they allocate resources and distribute commodities in ways that are just

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MCQ Question

The goal of sustainable agriculture is to:

1. Degrade Environment
2. Increase Pollution
3. maintain production at levels necessary to meet the increasing aspirations of an expanding world population without degrading the environments
4. Decrease Productivity

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Answer 3. maintain production at levels necessary to meet the increasing aspirations of an expanding world population without degrading the environments

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MCQ Question

Triple Bottom Line includes

1. People
2. Planet
3. Profit
4. All of the above

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Answer 4. All of the above

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MCQ Question

Morality is the standard

1. which individual or group determine about deciding what is right or wrong and good or evil
2. which individual or group determine about deciding what should be done
3. which individual or group determine about deciding what gives highest profits
4. which individual or group determine about deciding what brings dissatisfaction

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Answer 1. which individual or group determine about deciding what is right or wrong and good or evil

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MCQ Question

Characteristics of a Socially responsible firm are:

1. Stuck to the basics and produced only high quality goods and services for specific market niches
2. Firmly practiced the dual principles of self-management and decentralization
3. Constantly solicited feedback from customers on all subjects from product direction to corporate donations
4. All of the above

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Answer 3. Constantly solicited feedback from customers on all subjects from product direction to corporate donations

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MCQ Question

Grey marketing refers to

1. selling grey coloured products
2. goods are imported and sold through market distribution channels not authorised by the manufacturer
3. Selling bad quality products
4. Selling same type of products

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Answer 2. goods are imported and sold through market distribution channels not authorised by the manufacturer

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MCQ Question

Naresh Committee was a result of

1. Satyam Fiasco
2. Enron Fiasco
3. Arcelor Mittal amalgamation
4. Microsoft emergence

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Answer 1. Satyam Fiasco

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