4725 Question Paper

Seat No:______________ Enrollment No:______________
PARUL UNIVERSITY
FACULTY OF MANAGEMENT
MBAWinter 2022 - 23 Examination
Semester:4 Date: 14/11/2022
Subject Code: 06200251 Time: 10.30am to 1.00pm
Subject Name: Business Ethics &Corporate Governance Total Marks: 60
Instructions
1. All questions are compulsory.
2. Figures to the right indicate full marks.
3. Make suitable assumptions wherever necessary.
4. Start new question on new page.
Q.1 Do as Directed.
A). Multiple choice type questions/Fill in the blanks. (Each of 1 mark) (05)
1. _________term includes employees, customers, suppliers and the wider community
a)Stock holder c) Both of these
b)Stake holder d) None of these
2The _________ Approach is originated from “All equals to be treated equally”.
a)Rights c)Credo
b)Common Good d)Fairness or Justice
3Violation of moral standards and affixing moral responsibility rests on factors such
as.
a)uncertainty c)involvement
b)difficulty d)all of the Above
4. ______is the philosophical study of moral values and rules.
a)Morality c)Business ethics
b) Ethics d) Philosophy
5.An activity is probably ethical if __________.
a)it is approved of by most individuals c)it is approved of by most individuals in the
inthe organization and is customary in organization
the industry
b)it is customary in the industry d)it is legal
B).Define the following. (Each of 1 mark) (05)
1.Distributive justice
2.Ethical Leadership
3.Nominee Director
4. Utilitarian Approach
5. Moral Reasoning
C).Direct questions.(Each of 1 mark) (05)
1. What is Ethical dilemma?
2. What do you understand by virtue approach?
3. What is personal ethics?
4. How ethics are different from laws.
5. What are the principles of morality?
Q.2 Answer the following questions.
A).Discuss in brief sources of ethical problems. (07)
B).Discuss briefly importance and framework for ethical decision making. (08)
Q.3 Answer the following questions.
A).What are the roles and responsibility of Independent Directors in an organization? (07)
B).Explain Credit Risk Assessment Framework adopted by ICRA for Corporate Governance Rating. (08)
Page 1 of 2
Q.4 Attempt any two questions. (Each of 7.5 mark) (15)
1. A company advertised for a position stipulating certain academic qualification and job
experience. About 470 applications reached the office within the prescribed period. On scrutiny,
278 candidates were found fulfilling the qualification and experience requirements. On further
analysis, it was noted that 163 candidates were female and the rest (115) were male. The
company decided to call 100 candidates for the interview; 50each of both genders. Having
interviewed them, the company then selected 25 candidates-15 female and 10 male. When the
list of selected candidates went to the boss for final approval, he asked whether so many female
candidates would befit the job specification that called for shift duty- including night-shift.
Hence, the list was revised and 20 male and 5 female candidates were finally offered
appointments. It must be noted, in this context, that the law of the land prescribes equal
opportunity in jobs for both genders, and that the company also claimed be an ’equal
opportunity’ organization.
Questions:
1.Is there any unethical practice followed by the company in this case? If so what it is and why
itis so?– 4 Marks
2. Should gender equality be followed in Indian companies? Discuss.- 3.5 Marks
2. A newly established private educational institution for vocational courses proposed to air a 10-
second advertisement at the peak time on a popular TV channel into a metro
claiming:‘Enrolmentin the Institution automatically guarantees 100% jobs in Government
offices’. The proposal had put the accounts manager of the TV channel into a dilemma whether
to accept the advertisement or not. Accepting the advertisement would mean supporting and
promoting ‘wrong’ information, and refusing the same would mean loss of revenues to the
channel. The TV channel was more concerned with the consequences of their action that might
mislead many poor students to pay hefty fees to enroll in the course with job false guarantee.
Questions:
1.What is Ethical dilemma in this case?– 3.5 Marks
2.Explain the common analytical steps used in resolving ethical dilemmas. – 4 Marks
3.A part of Economic Times Bureau report titled, ’Insurers will cover you with whistle blower
policies’, Mr. Malhotra ,a finance executive with an MNC operating in India, lost his job for
refusing to reimburse a sheaf of false bills forwarded by his managing director. He could not
muster enough courage to draw the attention of the company’s board ,because he knew it could
lead to a protracted legal tussle and he didn’t have the resources to sustain a legal battle with its
erstwhile employer. The article goes on to mention the multitudes of such unsung – heroes –
turned – victims who remain disillusioned.
Discuss the issues of whistle blower/s and role of top management - 7.5 Marks
4. Socrates, a great philosopher was unjustly imprisoned and he was awaiting execution on false
charges of capital offence. His friends persuaded him to escape from prison by bribing the prison
guards. But Socrates refused as he considered escaping would be morally wrong, though he
knew that he was punished for the crime he had not committed.
Comment on the spirit of moral value upheld by Socrates - 7.5 Marks
Page 2 of 2

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2. Should gender equality be followed in Indian companies? Discuss.- 3.5 Marks

Comment on the spirit of moral value upheld by Socrates - 7.5 Marks

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