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Business
Ethics Governance & Risk
June 2022 Examination
Q1. As a product manager you are responsible for a new
hand sanitizer launched recently by your company, Health
and Hygiene Ltd. Most of
your business is offline through channel partners. You are considering a
hybrid model of offline as well as online distribution channels (ecommerce
platform). Prepare a note for your Marketing Head identifying five financial
and five operational risk involved and classify them as high, medium and
low, so that
the reputation and
stated values of
your company are protected. (10 Marks)
Answer 1.
Introduction:
Because of the product supervisor of the
new hand sanitizer with the aid of the company health and hygiene Ltd, the
company has been dealing with some of the operations and the monetary risks
inside the recent times. It has been very tough for the company to face such
problems. First, permit’s talk about what the operational and economic risks
imply?
Q2. Select any one popular TV advertisement for any
product/service that you find ethically wrong/inappropriate/ offensive. Using
any one ethical decision making model (three models covered in class during
session1, chapter 2, or any other model) analyse and explain the ethical issues
involved and why they are wrong /inappropriate /offensive, from the perspective
of any three relevant stakeholders eg consumers, company/brand, section of
society involved or targeted eg women, children etc. (10
Marks)
Answer 2.
Introduction
The
aim of ethical advertising is a manner for businesses to signify the
significance of the requirements of consumers. Encompassing the moral mindset
of their commercial gives clients proof about the companies which they choose
to assist. The nation is aggravating to result in a discrepancy globally, and
borrowing commodities from ethical corporations is a simple course to indicate
they oversee. Everyone possesses issues they assume to help; denominations want
to wait few commonly ratified procedures while ratifying promoting actions.
Even as big trend denominations occur largely culpable of generating heinous
ads illustrating women as objects, the content raises maddening
Q3. Intelligent
Services, your employer, prides itself on hiring minorities. One candidate
fully fits the job requirements for an open position in your division. However,
your boss is concerned that some of your customers will not understand the
candidate’s limited command of the English language. You are the manager to
whom this candidate will report, if selected.
a.
What decision will you take and how will you explain/justify it to your
boss? (5 Marks)
b.
Which two programs and/or processes will you introduce in your division to be
able to successfully deploy many more such candidates in future? (5 Marks)
Answer
3(a).
Introduction
Hire,
activity, and install is assistance that's based on particular mastery bunch
compelled by corporations. The HTD assistance carriers train the reserves, set
up them with customers once the exercise is accomplished. Organizations guard a
fragment of second and coins thru this coverage and give the reserves with
unique talents established. Appoint, pastime and set up are progressively
becoming one of the significantly first-rate staffing assistances.
Concept & application:
Answer 3(b).
Introduction
The stairs to take to rent more of the minority level of people
because the personnel:
Making
the Adjustment with the intention to the screening and the looking of the
candidate: there is never the ability of recruitment carried out online
amounting to that of 80 percent in general, but it does receive filled from
that of the hires accomplished internally. One has to make changes to screen
one's minorities extra and train them as speedy as possible.
Concept & application:
The
status quo of the programs
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