Business Studies- Social Responsibilities of Business and Business Ethics

utilitarianism ✘ teleology ✘ deontology ✘ egoism ✔

Statutory devices ✘ Social tool ✘ Cost tool and Techniques ✘ Science tool ✔

a manager observes his or her behavior closely ✘ the worker has intense morals ✘ the consequences of the act are minor ✘ the consequences of the act are substantial ✔

ability of the government to interfere in business negotiations ✘ role of corporations to be profitable within the law ✘ effect of national politics on business decisions ✘ impact of changing government regulations ✔

competitor behaviours ✘ society's norms and values ✘ individual life experiences ✘ environmental situations ✔

Principle of universality ✘ Principle of humanity ✘ Principle of autonomy ✘ Principle of dissatisfaction ✔

Dissociate themselves from organizations that are of a questionable character ✘ Further the cause of public good ✘ Advise clarity, the consequences, if a technical opinion is overruled by a non-technical person ✘ All of the these ✔

Human values system plays a vital role in total quality management ✘ Values give the real meaning to total quality management effort ✘ Total quality management is a corporate management strategy ✘ All of the these ✔

The upper limits of ethical standards are set by individual standards ✘ The laws of economically developed countries generally define the lowest common denominator of acceptable behaviour ✘ The actual degree of enforcement of the law in an underdeveloped country would determine the lower limit of permissible behaviour ✘ All of the these ✔

Peter F. Drucker ✘ C. S. Rao ✘ J. R. Betty ✘ C. Zahe ✔