Answer All The Questions: Business Social Responsibilities and Ethics (Unit No. 02)

NALANDA COLLEGE – COLOMBO 10
G.C.E. A/L EXAMINATION – 2021
Business Social Responsibilities and Ethics

(Unit No. 02)
Answer all the questions


Business Social Responsibilities
(01) Define what is Social Responsibilities of Business?
(02) What are the advantages can be fulfilling BSR by the businesses?
(03) Lists the parties to whom businesses should fulfill their social responsibilities?
(04) State the BSR to be fulfilled by a business to each party with examples.
(05) What are the advantages can be fulfilling BSR by the businesses?
Sustainable development
(06) Explain Sustainable development.
(07) Name three pillars in the sustainable development.
(08) Explain how a business can contribute for the sustainable development.
(09) Explain how a consumer can contribute to the sustainable development.
(10) Give proposals to minimize the adverse effect of business activities.
(11) Name and explain 4R concepts for sustainability.
01 Nalanda College – Colombo 10

Business Social Responsibilities and Ethics (Unit No. 02)
Business Ethics
(12) What is the business ethics?
(13) What is the necessity of following business ethics?
(14) What are the factors should be considered when forming a code of ethics
(15) Propose suitable business ethics in relation to business function
(16) What are the differences between business ethics and business social
responsibility.
(17) What are the benefits can be received by a business fulfilling business ethics.
Fill in the blanks


(01) Business firm based on sustainable development should concern about profit as
well as ........................................................ and .....................................................
(02) Implementing good thing often evaluating business activities as good and
bad is called business .................................................................... and positive
obligations of business towards human and natural environmental development
is called ....................................................................
(03) When ethics of a business are publish it is called ..................................................
(04) Doing good and not doing bad is considered as ....................................................
(05) “BSR is about business giving back to the society” this definition is declared by
....................................................................

Select the correct answer and write its number


(01) Following are some of the activities relating to sustainable development
A. Development in technology.
B. Employees welfare.
C. Purchasing environmental friendly products.
D. Introducing innovation.
E. Respecting human plurality.
F. Risk Management.
Out of the above, what is option that includes only the activities that could
ensure the economic sustainability of the business?
i. A, B, C, E ii. A, B, D, F iii. B, C, D, E
iv. B, D, E, F v. C, D, E,F
(02) A manager stated that his responsibility is “While earning a reasonable return
for the business uplifting living standard of community residing close to the
firm” This statement most appropriately reflects the firm's responsibility
towards the parties.
1. Society and customers.
2. Owners and employees.
3. Owners and Society.
4. Owners and customers.
5. Owners and government.

(3) An ethic that has been formed by a business taking it's competitors in to
account is ..........,
1. Equal treatment to all employee .
2. Not to tarnish the image of other business, when advertising.
3. Non use of religious symbols for business activities.
4. Provision of hight quality good.
5. Respecting elders.
(4) Following are some BSR of a business toward different stakeholders,
A. Justice. B. Equality
C. Paying tax D. Fair return on investment.
E. Job security. F. Provide employment opportunities
G. Efficient and honest H. Community services
I. Waste management J. Health and safety facilities
Select the group that include BSR towards the society only.
i. A, B, E, J ii. A, B, H, J iii. B, C, F, I
iv. C, D, G, I v. C, F, H, I
(5) Business Social Responsibility is .......,
1. The idea that business should act within the law.
2. The idea that business should fulfill the shareholders’ objectives.
3. The idea that business should not consider the shareholders’ objective
when making decisions.
4. The idea that business should consider stakeholders objectives when

making decision.
5. The idea that business should consider that customers’ need and wants
when making decision.

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NALANDA COLLEGE – COLOMBO 10

G.C.E. A/L EXAMINATION – 2021

Business Social Responsibilities and Ethics

Answer all the questions

(01) Define what is Social Responsibilities of Business?

(06) Explain Sustainable development.

(07) Name three pillars in the sustainable development.

(09) Explain how a consumer can contribute to the sustainable development.

(10) Give proposals to minimize the adverse effect of business activities.

(11) Name and explain 4R concepts for sustainability.

01 Nalanda College – Colombo 10

(12) What is the business ethics?

(13) What is the necessity of following business ethics?

(15) Propose suitable business ethics in relation to business function

Fill in the blanks

(03) When ethics of a business are publish it is called ..................................................

(04) Doing good and not doing bad is considered as ....................................................

02 Nalanda College – Colombo 10

Select the correct answer and write its number

(01) Following are some of the activities relating to sustainable development

C. Purchasing environmental friendly products.

E. Respecting human plurality.

1. Society and customers.

2. Owners and employees.

3. Owners and Society.

4. Owners and customers.

5. Owners and government.

03 Nalanda College – Colombo 10

1. Equal treatment to all employee .

2. Not to tarnish the image of other business, when advertising.

3. Non use of religious symbols for business activities.

4. Provision of hight quality good.

(4) Following are some BSR of a business toward different stakeholders,

C. Paying tax D. Fair return on investment.

E. Job security. F. Provide employment opportunities

G. Efficient and honest H. Community services

I. Waste management J. Health and safety facilities

(5) Business Social Responsibility is .......,

1. The idea that business should act within the law.

2. The idea that business should fulfill the shareholders’ objectives.

4. The idea that business should consider stakeholders objectives when

04 Nalanda College – Colombo 10

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