Subject : Business Ethics

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Name : Mary Jennifer.A                                                                                                    Marks : 80
Course : Bachelors in Management Studies (BMS)
Subject : Business Ethics

Answer the following question.

Question. 1. Give need for consumer education. (10 marks)

Answer: “Consumer behavior can make a significant impact on the ways our products affect the environment.  We don’t view sustainability as an exclusively in-house job—we want to put a serious dent in the 26 billion pounds of textiles that end up in landfills each year in the United States.

We’ve learned that the best way to achieve that is by doing what we can at a company level, while promoting sustainable behavior in the world our clothing inhabits. If we truly want to make a difference, we need to consider what our fans do with our products even after they no longer need them.”




Question. 2. Explain need for a check on quackery. (10 marks)

Answer: "Quackery" derives from the word quacksalver (someone who boasts about his salves). Dictionaries define quack as "a pretender to medical skill; a charlatan" and "one who talks pretentiously without sound knowledge of the subject discussed." These definitions suggest that the promotion of quackery involves deliberate deception, but many promoters sincerely believe in what they are doing. The FDA defines health fraud as "the promotion, for profit, of a medical remedy known to be false or unproven." This also can cause confusion because in ordinary usage—and in the courts—the word "fraud" connotes deliberate



Question. 3. What is code of conduct for citizens. (10 marks)

Answer: NATIONAL CODE OF CONDUCT FOR THE CITIZENS OF INDIA

·       Patriotism: Our Motherland should be our first and highest consideration. Welfare of the nation is our own welfare. Therefore, let us willingly be ready to offer up even our own life for our country. Let us inculcate in our children and members of our family love for our country, the spirit of patriotism and service to our country and our fellow citizens.
·       Duty: Our first and foremost duty is to



Question. 4. Give importance of media in guiding citizens. (10 marks)

Answer: Media and democracy is a set of ideas advocating reforming the mass media, strengthening public service broadcasting, and developing and participating in alternative media and citizen journalism. The purpose for doing so is to create a mass media system that informs and empowers all members of society, and enhances democratic values.. It is a liberal-democratic approach to media studies that advocates the reformation of the mass media with an emphasis on public service broadcasting and audience participation, through the




Question. 5. What are the fundamental duties of every citizen of India. (10 marks)

Answer: Originally, the constitution of India did not contain any list of fundamental duties. In other words, enjoyment of fundamental rights was not conditional on the performance of fundamental duties.

Democratic rights are based on the theory that rights are not created by the state. Individuals are born with right. It is on this theory that the Indians



Question. 6. Give song of eighteen values. (10 marks)

Answer: Song of Eighteen ities

Serenity, regularity, absence of vanity,
Sincerity, simplicity, veracity,
Equanimity, fixity, non-irritability,
Adaptability,



Question. 7. What are attributes of profession. (10 marks)

Answer: This first attribute implies the existence of principles and concepts that are unique to the profession and are codified and documented so that they can be studied and learned through formal education. In most professions, the body of knowledge is taught in graduate or professional schools; for example, the specialized body of knowledge for the legal profession is taught in law schools. A degree does not necessarily qualify an individual to practice in the profession, but it does provide a means of assuring that the individual has at least been exposed to the basic principles on which the profession is based. Every profession has at least




Question. 8. Is money a motivator? (10 marks)

Answer: The market is full to the brim of theories, recipes and consultants that help leaders motivate their employees. The simple answer is, of course, money.

Theories of performance-related pay and bonus systems therefore have a sizable share of the motivational market. There is, however, controversy about the impact and importance of such systems for performance in organizations. How far can we get with performance-related pay, can it have harmful side effects, and are there alternatives?


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