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Business: Ethics, Governance &
Risk
April 2025 Examination
Note: This assignment is
application based, you have to apply what you have learnt in this subject into
real life scenario. You will find most of the information through internet based
research and the remaining from your common sense. None of the answers appear
directly in the textbook chapters but are based on the content in the chapters,
directly or indirectly.
Q1. Prepare and submit an Executive
Summary of the Code of Conduct of a listed company selected from the BSE
database of ‘Top 100 companies by market capitalization’. Ensure that you
include all the key parameters covered in the code of conduct policy document.
You must mention the name of the company in the introduction. Conclude the
summary by explaining in your own words how and why the Code of Conduct is an
important ethical guideline/tool for all the stakeholders of the company. DO NOT copy paste (10 Marks)
Ans
1.
Introduction
Reliance
Industries Limited (RIL), a global leader in sectors such as energy,
petrochemicals, textiles, retail, and telecommunications, is one of the most
prominent companies in India. It is listed among the top 100 companies by
market capitalization on the Bombay Stock Exchange (BSE). Operating in a
complex and dynamic business environment, RIL’s commitment to ethical
governance is critical to maintaining its reputation and ensuring sustainable
growth. The company’s Code of Conduct serves as a comprehensive
guideline for all stakeholders, outlining principles of integrity,
transparency, compliance, and accountability. This document ensures that the
organization
Q2. Prepare a concise report in
your own words showcasing how the listed company you have selected (same as in
Q1) is respecting and promoting the wellbeing of all employees including those
in its value chain with a special focus on diversity & inclusion related
issues and their management/mitigation. Scan the complete Business
Responsibility & Sustainability Report 2023-24 to compile and collate
information required for your report. Remember to mention the name of the
selected company in introduction. DO NOT copy paste. (10 Marks)
Ans
2.
Introduction
Reliance
Industries Limited (RIL), a Fortune Global 500 company, is one of India’s largest
and most diverse conglomerates. Operating across sectors such as energy,
petrochemicals, retail, and telecommunications, RIL is a significant player in
the global market. With an expansive workforce and a wide-ranging value chain,
the company prioritizes the wellbeing of its employees and stakeholders. RIL’s
Business Responsibility and Sustainability Report (BRSR) for 2023-24 outlines
the
Q3. You have just completed
learning Business: Ethics, Corporate Governance & Risk in a structured
format for the first time.
a. What do you think is the
fundamental role of ethics in business and why do you think it is important for
managers, professionals and leaders to understand business ethics? (5 Marks)
Ans
3a.
Introduction
Ethics
serves as the backbone of responsible business practices, providing a moral
framework that guides decision-making and behavior. In today’s interconnected
and competitive business world, ethical practices are not just a legal
obligation but a necessity for fostering trust, transparency, and long-term
success. For managers, professionals, and leaders, understanding ethics is
critical
b. Share five practical key
learnings that you have acquired through the study of this subject that you
think will help you better understand your role and thus contribute to your
responsibilities more meaningfully, irrespective of the type of your business,
department and designation. (5 Marks)
Ans 3b.
Introduction
Studying
Business Ethics, Corporate Governance, and Risk has provided valuable insights
into the principles that govern responsible business practices. These learnings
are applicable across industries, departments, and roles, helping professionals
contribute meaningfully to organizational success. The following are five
practical takeaways that underscore the importance of ethical leadership,
governance, and risk management.
Concept
and Application
1.
Ethical Leadership
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:
or call us at :
08263069601
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