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What Is Ethics

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1) What is ethics? What are some common ethical types? Why do business people need it?

Can
ethics be taught to people?
2) What is business ethics? According to International Business Ethics Institute, understanding
business ethics can be problematic in the sense that, this field is vast, often encompassing
many concerns such as corporate governance, social responsibility, reputation management,
accurate accounting and ...
3) 1. Write a note on the main issues in the area of Corporate Governance in India
2. Which lesson from the role of Krishna as a Mentor can be learned by a manager-
3. What are different ways by which an organization can cultivate Work Ethics-
4. What are the factors affecting ‘Level Playing Field’-
5. What do you mean by practical spirituality for Management-
6. List the expectations of various Stakeholders from a corporate.
7. ‘In present times, there is a need of ‘Corporate Rishi’ in the organization.’Comment.
8. Describe any two Meditation Techniques.
10. What are three types of religions- Explain their framework.
11. Explain the term ‘Dharma’ and the importance of its understanding for a manager.
12. What is the concept of Leadership-
13. How do you think, individual may evolve in a Corporate Rishi-
14. “Meditation facilitates a greater sense of calmness,
15. Explain Hostile Takeovers and ethical issues related to them.
16. List out those ethical principles which are relevant to Work Life.
17. Comment on the importance of Good Corporate Governance in India.
18. Define Business Ethics and give its characteristics.
19. Explain the importance of Vedas in Management.
20. Write a note on the relevance of Ethics in Marketing.
1. Explain in detail different objectives of business.

OR

What is ethical docfoion making ? Discuss three different frameworks for ethical
decision making.

2. What is social responsibility of business ? Iluddotc the arguments m support as well


as against the social responsibility of business.

OR
Analyse in detail tho role and responsibility of Board of Directors m corporate
governance.

3 A manager must possets certain ski Is in order to translate knowledge into performance
What

are the required managerial skill m corp governance.

OR

There are two different models used to govern a corporation. Discuss the outsider and
insider mode! of corporate governance.

4. Explain the areas in HRM which are more prone to unethical practices.

OR

Discuss different types of managerial roles in corporate governance.

5. Ambiguity, concealed facts, exaggeration and psychological appeal are certain methods
by which organisations do unethical practices white advertising-Explain.

OR

Explain sexual harassment of women at work place and provide constitutional guidelines
and norms to solve the problem.

1. Describe the meaning of ethics and values and discuss them in detail giving suitable
examples, in context of banks.

2. Analyse the corporate governance regulations applicable to companies in India.

3. How to integrate CSR into every aspect of the company's operations ? Discuss in detail.

4. (a) Explain the process of institutionalising ethics in financial sector.

(b) Highlight the guidelines issued by Federal Deposit Insurance Corporation (FDIC) for
implementing effective ethics programme in financial sector.
Short

Q.1)

a) Explain how ethics is an integral part of business

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Ans:

Importance of ethics in business

b) Explain the concept of corporate code of conduct.

Ans.

Code of Conduct of MNCs

What is Code of Conduct?

c) Explain the various theories of ethics.

Different Theories of Business Ethics

Q.2)

a) Explain steps taken in India for Environment Ethics.

Ans.

Environmental Ethics

What is Environmental Ethics?

b) Distinguish between Indian and Western culture.

Ans.

Difference between Indian Culture & Western Culture

c) Write a note on work place harassment.

Ans.

Write a short note on “Harassment”

Q.3)

a) State the objectives of corporate governance.


Ans.
Write a note on Corporate Governance

b) Explain the agency theory in detail.

Ans.

Explain the Agency Theory

What is Agency Theory?

c) Describe the recommendations of Cadbury Committee.

Ans.

Write a note on Corporate governance from Cadbury Committee to Narayan Murthy committee

Q.4)

a) Explain with examples the different approaches of CSR.

Ans.

Different approaches of CSR

b) Explain the arguments against CSR.

Ans.

Explain the CSR Debate

c) Write a note on People, planet and profit.

Ans.

Write a note on Evolution of Green Marketing

1. What are human values?


2. What are ethical values?
3. Distinguish values from ethics and culture.
4. What is integrity?
5. Define work ethics
6. What is service learning?
7. Mention some civic virtues?
8. Write short notes on caring and sharing.
9. Write notes on honesty
10. What is courage as a value?
11. Define co -operation.
12. Define empathy.
13. Define spirituality.
14. Define Integrity?
15. Define Compromise?
16. Give the two aspects of Honesty?
17. Differentiate Self -respect and Self -esteem?
1. Define Business Ethics.
2. Give any four Leadership Qualities of Lord Krishna.
3. Explain Corporate Social Responsibility.
4. Give Gandhi’s definition of True Civilization.
5. Explain the meaning of Work Ethic.
6. Explain the concept of Bread Labour
7. Describe ASCI.
8. Name common Marketing Malpractices in India.
9. Explain Code of Ethics.
10. Give Inherent Benefits of Corporate Social Responsibility.
11. Enumerate the Elements of STEPS.
12. Explain the meaning of Yin and Yang for a Manager.
13. Define Churning in Financial Services.
14. Mention benefits of Ethical Management Programmes.
15. Define Trusteeship.
16. Name Meditation Techniques.
17. Mention two broad areas of Business Ethics.
18. Define ‘Karma Yoga’.
19. What do you mean by Level Player Field.
20. Describe Folklore.

a) Ethical Dilemmas
(b) Forms of Business Organisation
(c) Triple Bottom Line Approach of CSR
(d) Corporate Citizenship
(e) Business Ethics and Strategy

b) 1. What is Corporate Social Responsibility?


2. Who are the stakeholders?
3. How to identify the key stakeholders of a particular company?

1:
Carroll's model of social responsibility includes the social responsibilities categories of _____________,
____________, and _____________ plus those at the discretion of the firm.

A.consumerism; discrimination; environment

B. ethical responsibilities; discrimination; legal responsibilities

C. ethical responsibilities; legal responsibilities; economic responsibilities

D.occupational safety; legal responsibilities; economic responsibilities

Answer Report Discuss

Option: C

Explanation :

2:

Which of the following is a characteristics of

A.It presumed to the moral obligation

B. It is an old concepts

C. It is a universal philosophy

D.All of the above

Answer Report Discuss

Option: D

Explanation :

3:

The environmental analysis includes

A.Political conditions

B. Social factors

C. Economic conditions

D.All of the above

Answer Report Discuss

Option: D
Explanation :

4:

"We wish to be good citizens of every community in which we operate." This is

A.Ethical Code

B. Political and Social Code

C. Legal Rule

D.Legal Act

Answer Report Discuss

Option: A

Explanation :

5:

The elements of management system in quality environment of TQM is

A.Method and procedure

B. Process

C. Focus

D.All of the above

Answer Report Discuss

Option: D

Explanation :

6:

If you believe in making decisions for the good of most people, you can be described as following which
school of thought?

A.utilitarianism

B. teleology

C. deontology

D.egoism
Answer Report Discuss

Option: A

Explanation :

7:

Which statement is/are true?

A.Ethics is not synonymous to religious morality or moral theology

B. Ethics is the principle that guide the human behaviour

C. The terms 'ethics' and 'morality' are not synonymous terms

D.All of the above

Answer Report Discuss

Option: D

Explanation :

8:

Corporate social responsibility that extends beyond legal mandates can help meet societal expectations
in the absence of

A.Statutory devices

B. Social tool

C. Cost tool and Techniques

D.Science tool

Answer Report Discuss

Option: A

Explanation :

9:

Which statement is true?

A.Skills are not enduring due to fatigue

B. The final proof of sincerity and seriousness is uncompromising emphasis on integrity of


character in a job
C. The mental contents of the good person are called moral and ethical values

D.All of the above

Answer Report Discuss

Option: D

Explanation :

10:

Match the following

List-I List-II

(A) Organisational 1. Advertising system

(B) Marketing 2. Language

(C) Organisational 3. Selection culture

(D) Personal ethics 4. Moral development

5. Planning

A.(A) (B) (C) (D)

1 2 3 4

B. (A) (B) (C) (D)

3 4 2 1

C. (A) (B) (C) (D)

3 1 2 4

D.(A) (B) (C) (D)

1 4 3 2

Answer Report Discuss

Option: C

Explanation :
11:

Match the following

List-I (Items of Morale Reasoning) List-II (Features)

(A) Employee counselling 1. Worker

(B) Suggestion schemes 2. Boss/superiors

(C) Recognition 3. Rewarded

(D) Joint consultation 4. Agreed

5. Authority

A.(A) (B) (C) (D)

1 4 3 2

B. (A) (B) (C) (D)

1 2 3 4

C. (A) (B) (C) (D)

3 1 4 2

D.(A) (B) (C) (D)

1 3 2 4

Answer Report Discuss

Option: D

Explanation :

12:

According to the concept of moral intensity, a worker is most likely to behave ethically and legally when

A.a manager observes his or her behavior closely

B. the worker has intense morals


C. the consequences of the act are minor

D.the consequences of the act are substantial

Answer Report Discuss

Option: D

Explanation :

13:

The ethical dilemma of choosing between two rights refers to

A.choosing between the lesser of two evils

B. deciding which of two employee rights is the most important

C. deciding to offer a bribe or lose out on an important opportunity

D.choosing between the two types of sexual harassment

Answer Report Discuss

Option: A

Explanation :

14:

The hand-of-government refers to the

A.ability of the government to interfere in business negotiations

B. role of corporations to be profitable within the law

C. effect of national politics on business decisions

D.impact of changing government regulations

Answer Report Discuss

Option: B

Explanation :

15:

Which is the aspects of TQM efforts?

A.Problem solving tools


B. Internal service quality

C. Total involvement of all personnel

D.None of the above

Answer Report Discuss

Option: D

Explanation :

16:

Which of the following does not contribute to the development of a manager's standard of ethics?

A.competitor behaviours

B. society's norms and values

C. individual life experiences

D.environmental situations

Answer Report Discuss

Option: A

Explanation :

17:

Which is the approach to corporate planning?

A.Customers and workers satisfaction

B. Planning skills

C. Optimising

D.All of the above

Answer Report Discuss

Option: D

Explanation :

18:

Which one of the following is not principle business ethics?


A.Principle of universality

B. Principle of humanity

C. Principle of autonomy

D.Principle of dissatisfaction

Answer Report Discuss

Option: D

Explanation :

19:

Milton Friedman stated his belief that 'there is only one social responsibility' for a company to use its
resources to

A.give as much to charitable causes as possible

B. ensure employment

C. provide good facilities for workers

D.increase profits so long as it stays within the rules of the game

Answer Report Discuss

Option: D

Explanation :

20:

The national Society of Professional Engineers had a code, which requires professionals to

A.Dissociate themselves from organizations that are of a questionable character

B. Further the cause of public good

C. Advise clarity, the consequences, if a technical opinion is overruled by a nontechnical


person

D.All of the above

Answer Report Discuss

Option: D

Explanation
21:

The business community's aversion to binding international legal standards governing corporate
operations contrasts with its strong advocacy of international law commitments applied to the obligation
of governments towards

A.Banks

B. Business and Shareholder itself

C. Suppliers

D.Foreign investors

Answer Report Discuss

Option: D

Explanation :

22:

Which statement is true?

A.Human values system plays a vital role in total quality management

B. Values give the real meaning to total quality management effort

C. Total quality management is a corporate management strategy

D.All of the above

Answer Report Discuss

Option: D

Explanation :

23:

Match the following

List-I (Responsibilities of different sections of List-II (Features)

Society Towards Business)

(A) Responsibility of owner 1. Controlling power

(B) Responsibility of investors 2. Cooperation to the business

(C) Responsibility of employees 3. Perform the duties

(D) Responsibility of professional institutions 4. Provide education


5. Marketing

A.(A) (B) (C) (D)

1 3 2 4

B. (A) (B) (C) (D)

4 3 2 1

C. (A) (B) (C) (D)

1 2 3 4

D.(A) (B) (C) (D)

1 4 3 2

Answer Report Discuss

Option: D

Explanation :

24:

Which of the following statements about ethical standards are TRUE?

A.The upper limits of ethical standards are set by individual standards

B. The laws of economically developed countries generally define the lowest common
denominator of acceptable behaviour

C. The actual degree of enforcement of the law in an underdeveloped country would


determine the lower limit of permissible behaviour

D.All of the above

Answer Report Discuss

Option: D

Explanation :

25:

Unethical behaviour is often triggered by

A.pressure from higher management to achieve goals

B. an organizational atmosphere that condones such behaviour


C. both (a) & (b)

D.a system of checks and balances

Answer Report Discuss

Option: C

Explanation :

26:

"Ethics deals with the right actions of individuals." Who said?

A.Peter F. Drucker

B. C. S. Rao

C. J. R. Betty

D.D. C. Zahe

Answer Report Discuss

Option: A

Explanation :

27:

An organisation's obligation to act to protect and improve society's welfare as well as its own interests is
referred to as

A.organisational social responsibility

B. organisational social responsiveness

C. corporate obligation

D.business ethics

Answer Report Discuss

Option: A

Explanation :

28:

The social demands and expectations of organisations can be assessed by all of the following except
A.social planning

B. social forecasting

C. social scanning

D.social audits

Answer Report Discuss

Option: A

Explanation :

29:

Corporate contributions for charitable and social responsibility purposes is called

A.corporate philanthropy

B. corporate charities

C. corporate donations

D.corporate discretionaries

Answer Report Discuss

Option: A

Explanation :

30:

Which is the monitor results of TQM?

A.Compare with rivals

B. Evaluate results

C. Produce output required

D.All of the above

Answer Report Discuss

Option: D

Explanation :

31:
Human and ethical values or qualities such as courage, vision, social awareness, fearlessness, integrity,
pure and clear mind, truth etc., are subjective subtle and

A.Intangible concepts

B. Subjective approach

C. Tangible concepts

D.System

Answer Report Discuss

Option: A

Explanation :

32:

The dark place contains which type of Risk?

A.High Risk

B. Low Risk

C. Medium Risk with conditions

D.All of the above

Answer Report Discuss

Option: A

Explanation :

33:

Managers today are usually quite sensitive to issues of social responsibility and ethical behaviour
because of __________.

A.interest groups

B. legal and governmental concerns

C. media coverage

D.all of the above

Answer Report Discuss

Option: D
Explanation :

34:

Which statement is true?

A.Human harmony and happiness are main objectives of any enterprise to justify its survival
and progress

B. Value relate to the internal domain of business i.e., interactions with employees,
customers, suppliers, creditors, public, etc

C. Values should be an integral part of corporate mission, objectives

D.All of the above

Answer Report Discuss

Option: D

Explanation :

35:

In between the corporate extremes of working solely for the interests of stockholders and working to
solve social problems is the position of being ______________.

A.socially reactive

B. environmentally sensitive

C. professionally committed

D.ecologically proactive

Answer Report Discuss

Option: A

Explanation :

36:

Match the following

List-I (Different Sections of Society) List-II (Features)

(A) Professional institutions 1. Regular participation in the seminar

(B) Employees 2. Good working condition

(C) Creditors 3. Regular payment of advances


(D) Supplier 4. Payment of credit

5. Costing

A.(A) (B) (C) (D)

1 2 3 4

B. (A) (B) (C) (D)

1 4 3 2

C. (A) (B) (C) (D)

3 1 4 2

D.(A) (B) (C) (D)

3 1 2 4

Answer Report Discuss

Option: A

Explanation :

37:

Business ethics deals primarily with

A.social responsibility

B. the pricing of products and services

C. moral obligation

D.being unfair to the competition

Answer Report Discuss

Option: C

Explanation :

38:

Which one of the following questions is not asked in six-question ethics test?

A.How does it smell?

B. Who gets hurt?


C. What can we possibly get away with?

D.Would you tell your child (or young relative) to do it?

Answer Report Discuss

Option: C

Explanation :

39:

Which is the principle of business ethics?

A.Principle of Aspirit of Service

B. Principle of Due Process

C. Principle of Satisfaction

D.All of the above

Answer Report Discuss

Option: D

Explanation :

40:

"Corporate planning is the continuous process of making present entrepreneurial decisions


systematically and with the best possible knowledge of their futurity." Who said?

A.McCanathen

B. Peter F. Drucker

C. Hussey

D.J. R. Betty

Answer Report Discuss

Option: B

Explanation :

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