Knowledge Point

  A. Ethics & Corporate Excellence 1. Corporate excellence mainly depends on: A) Profit only B) Ethical practices C) Technology only D) Advertising ✅ Answer: B 📝 Explanation: Ethics build trust, sustainability, and excellence. 2. Ethics contribute to corporate excellence by: A) Increasing corruption B) Improving reputation C) Reducing responsibility D) Ignoring stakeholders ✅ Answer: B 📝 Explanation: Ethical conduct enhances corporate image. 3. Corporate excellence refers to: A) Short-term profit B) Sustainable superior performance C) Market monopoly D) Cost cutting ✅ Answer: B 📝 Explanation: Excellence focuses on long-term superior performance. 4. Ethical organizations focus on: A) Shareholders only B) Stakeholders C) Competitors D) Customers only ✅ Answer: B 📝 Explanation: Ethics considers all stakeholders. 5. Ethics in business leads to: A) Loss of trust B) Corporate failure C) Long-term success D) Confusion ✅ Answer: C 📝 ...

  A. Indian Ethos for Work Life 1. Indian ethos for work life emphasizes: A) Profit maximization B) Duty and responsibility C) Competition only D) Speed of work ✅ Answer: B 📝 Explanation: Indian philosophy stresses dharma (duty) in work. 2. The concept of “Karma Yoga” means: A) Worship B) Work without attachment to results C) Meditation only D) Physical exercise ✅ Answer: B 📝 Explanation: Karma Yoga teaches selfless action. 3. According to Indian philosophy, work is considered as: A) Burden B) Punishment C) Worship D) Competition ✅ Answer: C 📝 Explanation: Work is seen as a form of worship ( Seva ). 4. Which scripture strongly explains work ethics? A) Arthashastra B) Bhagavad Gita C) Manusmriti D) Ramayana ✅ Answer: B 📝 Explanation: Bhagavad Gita explains duty-based work. 5. Indian ethos emphasizes: A) Individual gain B) Collective welfare C) Market dominance D) Aggressive behavior ✅ Answer: B 📝 Explanation: Focus is on Lokasan...

  A. Concept & Nature of Ethics 1. Ethics is mainly concerned with: A) Laws B) Profits C) Moral principles D) Technology ✅ Answer: C 📝 Explanation: Ethics deals with moral values of right and wrong. 2. The word ‘Ethics’ is derived from the Greek word: A) Logos B) Ethos C) Pathos D) Chronos ✅ Answer: B 📝 Explanation: Ethos means character or conduct. 3. Ethics helps in determining: A) Market price B) Right and wrong behavior C) Business size D) Technology usage ✅ Answer: B 📝 Explanation: Ethics guides moral behavior. 4. Ethics is a branch of: A) Economics B) Sociology C) Philosophy D) Psychology ✅ Answer: C 📝 Explanation: Ethics is a philosophical discipline. 5. Ethics is concerned with: A) Facts B) Values C) Statistics D) Machines ✅ Answer: B 📝 Explanation: Ethics focuses on values and moral judgments. B. Ethics, Values, and Behaviour 6. Values refer to: A) Market rules B) Moral beliefs C) Legal systems D) Business s...