1. _______ is defined as disputes between parties submitted and decided by a neutral third party.

(A) Collective Bargaining
(B) Affirmation Action
(C) Arbitration
(D) Negotiation

2. The word “Tactic” is the most likely to be associated with

(A) Corporate strategy
(B) Business strategy
(C) Operational strategy
(D) Behavioural strategy

3. An entrepreneur who is neither willing to introduce new changes nor to adopt new methods is known as:

(A) Adoptive Entrepreneur
(B) Fabian Entrepreneur
(C) Innovative Entrepreneur
(D) Drone Entrepreneur

4. UNIDO preparatory meeting on the “Role of Women in Industrialisation in Developing Countries” held in February 1978. Identified constraints, which hinder women from participating in industrial activities.

The meeting was held at

(A) Vienna
(B) New Delhi
(C) Geneva
(D) Mexico City

5. A high ranking organizational official (e.g. general counsellor or vice president) who is expected to provide strategies for ensuring ethical conduct throughout the organization is known as

(A) Ethics Manager
(B) Ethics Officer
(C) Ethics Controller
(D) Ethics Counsellor

6. Indicate the correct code for the following statements about Assertion (A) And Reason (R):

Assertion (A): All ethical theories are not equally applicable every time in all types of ethical dilemma resolution.

Reason (R): The ethical resolution should be based as far as possible on a cognitive ethical principle with justification.


(A) (A) is correct, (R) is incorrect.
(B) (R) is correct, (A) is incorrect.
(C) Both the statements (A) and (R) are correct.
(D) Both the statements (A) and (R) are incorrect.

7. According to which committee should an organization submit regular social reports?

(A) Sachchar Committee
(B) Kumarmangalam Birla Report
(C) Both of above
(D) None of above

8. The method of collecting money for Corporate Social Responsibility (CSR) by raising prices or following many other unethical ways is often described as:

(A) Reverse effect
(B) Reverse Robinhood effect
(C) Boomerang
(D) Roosevelt effect

9. Arrange the following steps of Dispute Settlement Mechanism under the WTO in the systematic order:

i. Panel Proceedings
ii. Appellate Body
iii. Consultations
iv. Compliance Panel
v. Arbitration Panel


(A) iii i ii iv v
(B) v iv iii ii i
(C) iv ii iii v i
(D) i ii iii iv v

10. An integrated group of activities to bring about a change is known as

(A) Organisation development
(B) Interventions
(D) Collaborative culture

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