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All India Management Association (AIMA) 2007 M.B.A Marketing Management Business Ethics

Friday, 01 February 2013 11:35Web
I. External environment.
II. Mergers and acquisitions.
III. Potential market patterns.
IV. Strategic alliance.
(a) Only (IV) above
(b) Both (I) and (III) above
(c) Both (II) and (IV) above
(d) (I), (III) and (IV) above
(e) All (I), (II), (III) and (IV) above.


6. Prakash Industries Ltd. concentrates on profits so that they can continue on to sponsor the blind school and the other social activities they have undertaken. They measure their success not only in financial terms but also in terms of contribution to society. In which of the subsequent stages of ethical consciousness Prakash Industries Ltd., can be placed?
(a) Law of the jungle
(b) Corporate citizenship
(c) Profit maximizing in the long-term
(d) Stakeholder concept
(e) Anything for profit.


7. The accountants who look into the operations of internal accounts of different departments and make a record of the financial activities are management accountants and financial accountants. Which of the subsequent is/are actual regarding management accountants?
I. The role of management accountant is to give info that the management needs for formulating policies.
II. The management accountant provides economic info to the investors.
III. The role of management accountant also involves advising directors on the items that have to be included in the financial statement.
IV. The task of management accountant is to give trustworthy and credible info on which management can base its decisions.
(a) Only (I) above
(b) Both (I) and (II) above
(c) Both (I) and (IV) above
(d) (I), (II) and (III) above
(e) All (I), (II), (III) and (IV) above.


8. Global Tech Ltd., as a corporation enjoys the right to make donations to the leading political parties to push an agenda in favor of it. Which of the subsequent characteristics of a corporation, is Global Tech Ltd. enjoying?
(a) Transferability
(b) Limited liability
(c) Liability for investors
(d) Centralized management
(e) Legal personality.


9. Apart from taking strategic decisions and carrying moral risks of the business, a leader even has to maintain a healthy relationship with stakeholders through ‘contracts’. Psychological contract is 1 among the different Cannon contracts. Psychological contract



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