Multiple choice question (MCQ) for CBSE Class 11 Business Studies Chapter 6 (Social Responsibilities of Business and Business Ethics). Practice with answer and detailed explanation.
❓ Question
What is Social Responsibilities of Business and Business Ethics? Explain its significance with examples.
A) Social Responsibilities of Business and Business Ethics is directly proportional to the applied force
B) Social Responsibilities of Business and Business Ethics remains constant under all conditions
C) Social Responsibilities of Business and Business Ethics varies according to the fundamental principle
✓ Correct Answer
D) None of the above statements about Social Responsibilities of Business and Business Ethics are correct
📖 Explanation
The correct answer is C because Social Responsibilities of Business and Business Ethics follows the fundamental principle that governs its behavior under given conditions. Understanding this concept is crucial for solving related problems in this chapter.
📚 About This Chapter
This chapter covers Social Responsibilities of Business and Business Ethics in Class 11 Business Studies. Students learn fundamental concepts and applications essential for academic success.
This MCQ tests your understanding of Social Responsibilities of Business and Business Ethics. Practice more MCQs to strengthen your grasp of key concepts and prepare effectively for CBSE board exams.