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Question

Match the correct pairs.
Group “A” Group “B”
a. Business ethics 1. Respecting rules and regulations
b. Employees 2. Proper conduct of meeting
c. Responsibility towards community 3. Negotiations with management
d. Responsibility towards government 4. Pollution control
e. Trade union 5. Good quality product
6. Help to weaker sections of society
7. Provide after sales services
8. Confidentiality
9. Job security
10. To maintain solvency and prestige

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Solution

Group A Group B
a. Business ethics 8. Confidentiality
b. Employees 9. Job security
c. Responsibility towards community 6. Help to weaker sections of society
d. Responsibility towards government 1. Respecting rules and regulation
e. Trade union 3. Negotiations with management

Explanations:

a. It is the ethical responsibility of business organisations to protect their confidential records from getting leaked. Also, they should not indulge in any malpractice to obtain such information from their competitors.

b. It is the responsibility of business organisations to provide job security to their employees so that the employees can work without tension. This will increase the productivity of the employees and create a sense of loyalty in them towards the organisation.

c. Business organisations should provide financial and medical assistance to the weaker sections of the society and work towards their upliftment.

d. Business organisations must operate according to the rules and regulations laid down by the government. Their acts should not force the government to take action against them. They should also suggest new ideas to the government for the betterment of the society.

e. Trade unions protect the rights of employees or workers. Their role is to put forward the demands of the employees before the management and negotiate them with the management.

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