Business Ethics & CSR – Page 6 – Ascendance Academy

Assertion (A): The poor compliance to environmental regulations is attributed to tax enforcement despite regulatory framework.

Reasoning (R): The Government is not capable of enforcing full compliance.

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Lawrence Kohlberg, in his six stage model of cognitive development, explains:

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A Business Organization deals with product/service and has relationship with stakeholder which is being considered a part of ‘management discipline’ is known as

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The obligation of an organization behave in a ethical way is known as

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The principles to be followed for corporate social responsibility are

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Which of the following duties is not a general duty of directors of a company?

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Assertion (A): The Securities and Exchange Board of India has made Listing Agreement tough to ensure good corporate governance among the companies listed on Indian Stock Exchange

Reasoning (R): In the absence of Clause 49, the listed companies may ignore the interest of stakeholders.

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“We must maintain in good order the property, we are privileged to use, protecting the environment and natural resources” is known as

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A set of processes, customs, policies, laws and institutions, that affects the way in which a corporation is directed, administered or controlled in order to facilitate the interest of stake-holders is known as

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Governance is the system of values, policies and institutions by which a society manages its economic, political and social affairs through interactions within and among the state, civil society and private sector is defined by

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