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JAIPUR NATIONAL UNIVERSITY, JAIPUR
School of Distance Education &
Learning
Internal Assignment No. 1
Bachelor of Business Administration Question
(BBA)-Retailing
Paper
Code: BBA – 106
Paper
Title: Business Ethics & Environment
Last date of
submission: Max.
Marks: 30
Note
: Question No. 1 is of short answer type and is compulsory for all the
students. It carries 1 Mark. Question (Word limits 50-100)
QUESTION.1. Answer
all the questions:
Answer:
Question (i) What
do you mean by business ethics?
Answer: Business ethics is a practice that
determines what is right, wrong, and appropriate in the workplace. Business
ethics is often guided by laws, and keep companies and individuals from
engaging in illegal activity such as insider trading, discrimination and
bribery. However, other principles can influence how employees treat one
another, corporate social responsibility and relationships with clients and
vendors. The purpose of business ethics is to ensure a consistent moral
attitude within the company, from executive-level management to new hires. It
helps to ensure everyone is treated with respect,
Question (ii) Explain
Indianism.
Answer: Indianism means using Indian civilization experience and intellectual traditions to develop more relevant knowledge base and culturally relevant
Question (iii) Discuss
Gandhian philosophy.
Answer: The evolution of Mohandas Karamchand Gandhi into the 'Mahatma ' of our times very much hingeson the
Question (iv) What
is the difference between mission and vision?
Answer: Difference
Between Mission and Vision Statements
The central difference between mission and vision
statements is the timeline it covers. Though there can be overlap, a mission
statement tends to define what the organization is currently doing, while a
vision statement is essentially the final goal of what they’d like to
accomplish. In short, the mission is the what and the how, and the vision is
the why.
Question (v) What
do you understand by values?
Answer: Values defined in Organizational Behavior
as the collective conceptions of what is considered good, desirable, and proper
or bad, undesirable, and improper in a culture.
Some common business values are fairness,
innovations and community involvement.
A value is a shared idea about how something is
ranked in terms of desirability, worth or goodness. Sometimes, it has been
interpreted to mean “such standards by means of which the ends of action are
selected”.
Question (vi) What
are the myths of business ethics?
Answer: Business ethics in the workplace is about
prioritizing moral values for the workplace and ensuring behaviors are aligned
with those values — it’s values management. Yet, myths abound about business
ethics. Some of these myths arise from general confusion about the notion of
ethics. Other myths arise from narrow or simplistic views of ethical dilemmas.
1. Myth: Business ethics is more a matter of
religion than management.
2. Myth: Our
Question (vii) Explain
the meaning of changing workforce?
Answer: The workforce has never been as varied as
it is today, with full-time and part-time employees, and contingent, freelance,
gig, and crowdsourced workers all working in a variety of settings. These new
workers are quickly changing the shape of the workplace and teaming with their
colleagues to do “great things.”
The term 'workforce change' can be used to define
a variety of scenarios, including the need for staffing reductions, and
restructures - which may but do not always result in redundancies.
The need to consider workforce change can arise
from a variety of reasons, including organisational requirements, declining
Question (viii) Define
morals.
Answer: Moral values are relative values that
protect life and are respectful of the dual life value of self and others. The
great moral values, such as truth, freedom, charity, etc., have one thing in
common. When they are functioning correctly, they are life protecting or life
enhancing for all. But they are still relative
Question (ix) Define
the characteristics of business?
Answer:
·
Economic
Activity: Business is an economic activity, as it is conducted with the
primary objective of earning money, i.e. for an economic motive.
·
Production/purchase
of goods and services: Goods and services are produced or procured by
business entities, so as to add value and sell them to the consumer. Goods are
either
Question (x) Mention
any four fundamental rights.
Answer: 1)
Right To Equality
This Right Means That Every Person Is Equal
Before The Law.No Person Can Be Discriminated On The Basis Of Religion,Caste,Gender.The
Practice Of Untouchability Has Been Abolished.
2)Right To
Freedom
Note: Answer any four questions. Each question carries
5 marks Question (Word limits 500)
QUESTION.2. Discuss
the role of ethical decision making for growth of business.
Answer: What
Does Ethical Decision Making Mean?
As a philosophy, ethics are the principles that
guide a person’s behaviour. Though there are many ethical opinions that most
people share, ethics will differ from person to person. This is due to the fact
that our ethics are shaped by our moral code. In general, most people will
agree that it is not ok to steal from others and we would also likely agree
that harming someone else is wrong.
QUESTION.3. What
is the role of business ethics in execution of HR policy?
Answer: Paying attention to business ethics is an
important part of any business owner or manager's job. The human resources
function deals with a variety of ethical challenges; being the department that
deals directly with people employed by a company, HR includes numerous ethical
pitfalls that can damage a company's reputation or financial sustainability if
not handled properly. Understanding the importance of ethics in
QUESTION.4. Discuss
the directive and principles of state policy.
Answer: The Sapru Committee in 1945 suggested two
categories of individual rights. One being justiciable and the other being
non-justiciable rights. The justiciable rights, as we know, are the Fundamental
rights, whereas the non-justiciable ones are the Directive Principles of State
Policy.
DPSP are ideals which are meant to be kept in
mind by the state when it formulates policies and enacts laws. There are
various definitions to Directive Principles of State which are given below:
QUESTION.5. Define
organization politics. How it affects organization’s climate.
Answer: Employees who do not believe in working
hard depend on nasty politics to make their position secure at the workplace.
Employees play politics simply to come in the
limelight and gain undue attention and appreciation from the seniors.
Politics refers to irrational behavior of the
individuals at the workplace to obtain advantages which are beyond their
control.
No body has ever gained anything out of politics;
instead it leads to a negative ambience at the workplace.
Effects of politics on organization and
employees:
1.
Decrease in overall productivity
- Politics lowers the output of an
individual and eventually affects the productivity of the organization.
- Common observation s
QUESTION.6. How
ethics can be applied in marketing operations?
Answer: Ethical problems in marketing stem from
conflicts and disagreements. Each party in a marketing transaction brings a set
of expectations regarding how the business relationship will exist and how
transactions should be conducted. Each facet of marketing has ethical danger
points as discussed below.
Ethics in Advertising and Promotion
QUESTION.6. How
ethics can be applied in marketing operations:
·
firstly there should be
honesty in the words said by the marketing people. In addition to this
there should not be over appraisal of the product by the the worker.
·
There should be relationship between
the the manufacturer and marketing people such that both understand the working
and the drawbacks of the the program.
·
The people who are
involved in in marketing should not emphasize on fooling his clients
We can say that ethical marketing is connected with customer behavior.
Once you make a bad impression to the customers you risk losing them for good.
Therefore, one of the biggest advantages of ethical marketing is that it can be
used as a tool for creating long lasting relationship with your customers, as
it will boost the customer’s credibility in the company.
Dear
students, get latest JNU MBA Solved assignments by professionals.
Mail
us at: help.mbaassignments@gmail.com
Call
us at: 08263069601
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