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Question
Bank of Previous University Exam Papers
BUSINESS
ETHICS
1.
Define business ethics. What are its features?
2. Explain the
importance of business ethics as an important tool in developing a good
business reputation.
3.
What is business ethics? How does it differ from moral values?
4.
What is the code of conduct of business houses?
5.
Explain the normative principles of ethics.
6.
Write in detail with illustrations your views on ethics and morality.
7. According to
you how difficult is ethical decision-making? What are the steps to ethical
decision- making?
8.
What is social responsibility of business enterprises and how it can
be achieved?
9.
What are the various social responsibilities towards various sections
of the society?
10.
Explain the strategies for pursuing social responsibility.
11.
What is whistle blowing? What are the characteristics of a whistler
blower?
12.
How to achieve fairness and justice in administration?
13.
What is the different unfair business practices followed in business?
14. ‘Commonwealth
Games and the 2G Spectrum have exposed the extent of corruption which has
seeped into the social fabric of India.’ Explain how corruption adversely
impacts the society.
15.
Discuss the responsibilities of business houses towards its employees.
16.
Explain the nature of business ethics.
17.
Explain the Utilitarian theory with appropriate examples.
18. 'If an action
produces most utility, is it always moral?’ Discuss the statement in light of
the Utilitarian approach to ethics.
19.
Discuss the theory of rights and duties with examples.
20.
Explain the theory of justice. What are the types of justice?
21.
What is fairness? What are the three basic principles of fairness?
22.
What is Consequentialism? Explain with appropriate examples.
23.
Discuss Kohlberg’s six-stage of moral development with illustration.
24. Discuss the
Kohlberg’s six stage of moral development to establish any violation of moral
responsibility.
25. ‘The rights of
individuals are also intricately joined with the duties of the individual in an
organization.’ Discuss the statement.
26.
What is ethical dilemma? How can ethical dilemmas be resolved?
27.
State the ethical dilemmas faced at the workplace.
28.
What are the guidelines for managers in ethical decision-making?
29.
What are the rights and obligations of an individual in an organization?
30.
Discuss the concept of creative accounting with appropriate example.
31. What is
ethical leadership? What are the general guidelines for practicing ethical
leadership?
32. What is your
understanding of an ethical leader? What do you think should be the qualities
of an ethical leader to lead the nation?
33.
What is Kantianism? What do you understand by categorical imperatives?
34.
Define and discuss the theory of deontology.
35.
Explain Aristotle’s virtue ethics.
36.
What are scams and scandals? Explain with examples.
37.
How important is financial stability in the face of governance risk?
38. ‘Corporate
Social Responsibility (CSR) can be made an effective strategy for good
governance’. Elucidate the statement.
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CORPORATE
GOVERNANCE
1.
What is corporate governance? How can it enhance the prospects of a
business?
2.
Explain the role of corporate governance in the financial sector.
3.
Trace the evolution of corporate governance in the corporate world.
4.
What are the principles of good corporate governance?
5. Discuss some
of the scams in the corporate sector and the need for corporate governance.
6. Discuss the
new provisions in Clause 49 of SEBI guidelines on corporate governance.
7.
Explain the Anglo-American model of corporate governance.
8. Briefly
discuss the Models of Corporate Governance: a. Indian model; b. Japanese Model;
c. German Model
9.
Discuss the ‘best practices’ in corporate governance.
10.
Discuss with illustrations corporate governance under Indian ethos.
11.
What is the Sarbanes-Oxley Act? Explain any three important Sections
of the Act.
12.
What is the Sarbanes-Oxley Act? Explain with reference to corporate
governance.
13. Why do you
think so many big corporate got into business troubles since late 1990s? What
measures were taken by USA as well as India to contain the problem of
non-transparent governance of listed companies since 2001?
14.
Discuss the significance of ethics in corporate governance with
examples.
15.
What are the ethical approaches to better corporate governance?
16.
Elaborate Ganguly Committee in detail.
17. Explain the
recommendations of the Narayan Murthy Committee constituted by SEBI for good
corporate governance.
18.
Who is a director? What are the duties and responsibilities of a
director?
19. What is legal
position of a director? What is the qualification of a director and under what
circumstances a director can be disqualified?
20.
What is a Board? What are the powers of a Board?
21. Who is an
independent director? What are its roles and responsibilities in corporate
governance?
22.
What is the role of family owned businesses in better corporate
governance?
23.
Discuss the role of investors in promoting corporate governance.
24.
What are the rights and responsibilities of shareholders in general
meetings?
25. What is the
need of corporate governance rating? What would it reveal about the company?
26. How is the
corporate governance rating going to improve the overall reporting standards?
27. "Independent
directors are known to bring objective view in Board deliberations. They also
ensure that there is no dominance of one individual or special interest group
or the stifling of healthy debate. They act as the guardians of the interest of
all shareholders and stakeholders, especially in the areas of potential
conflict.” Discuss the above statement in the light of Clause 49 of the listing
agreement.
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SHORT NOTES
1.
Ethics and Law
2.
Moral Values
3.
Deontology
4.
Virtue Ethics
5.
Whistle Blowing
6.
Insider Trading
7.
Corruption
8.
SOX
9.
Directors’ Remuneration
10.
Non-Executive Directors
11.
Disclosure Norms
12.
Bank Frauds
13.
Money Laundering
14.
Distributive Justice
15.
Retributive Justice
16.
Holistic Approach to Governance
17.
Nominee Director
18.
Creative Accounting
19.
Code of Conduct
20.
Ethical audit
21.
Morality
22.
Corporate Governance
23.
CSR
24.
CGR
25.
Managerial Ethics
26.
Ethics of Care
27.
Teleology
28.
Compensatory justice
29.
Nomological Axiom
30.
Moral Development
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Sample CASE
STUDIES (Also refer Cases given in the PPTs)
1. The Ethics of
Looking Busy
“Some
bosses just like you to be there, whether you need be there or not. So I have
come up with ways to look like workaholic,” Jane Nugent said. “I can be off
shopping or on a two-hour lunch, and everyone back at the office thinks I'm
still there,” she noted, smiling. Jane then listed her strategies:
Before
leaving, place a fresh, steaming cup of coffee on your desk; people will assume
you'll be right back;
Always leave the
lights on and the computer running;
Hang around the
office until the last supervisor leaves - then go...
Arrive
early and let them see you, your car, and your office up and running, and then
leave for the morning;
Go
in on Saturday and stay for a few hours – you don’t need to work , just make
sure someone sees you;
If
you leave early, call back in and ask someone to look something up in your
office – they will assume you're at an out-of- office meeting;
If
you must make personal calls, always have a pad in front of you, write on it
frequently and speak firmly (the rest of the office will think you're
negotiating)
Leave
personal belongings (coat, jacket) in your office to give the impression that
you are returning.
(a)
Evaluate Jane's strategies from an ethical perspective.
(b)
Should Jane consider flexible hours? Why? Explain in detail.
(a) Does Jane have
enough to keep her busy at her job? Is it dishonest for her to continue her
facade?
(b) Are Jane's
actions just a response to management’s basis of evaluation that time spent in
the office equals performance?
2. Read the case
and answer questions at the end.
Arthur
Edward Anderson (1885-1947), the founder of Arthur Anderson & Co. must have
turned in his grave in 2001, as the auditor firm founded by him became a
synonym for
scandal
in the accounting profession. On 15th August 2001, Sherron Watkins, an employee
of Enron, questioned the company’s accounting practices, in a single-page
letter to its CEO. Enron, the energy giant that ruled the world, and its
auditor Arthur Anderson & Co., became the ridicule of the world. In early 2002,
the US Justice Department began criminal investigations into Enron’s
bankruptcy. In 2002, Arthur Anderson was convicted by the lower and appellate
courts for obstruction of justice. The firm had worked hand in glove with Enron
and cooked its account books. The audit firm that once had an 85,000 strong
workforce now had closed offices and business interests around the globe. The
firm’s name is so tarnished that there is no other business going on in it,
other than attending to over a hundred civil suits.
(a) What do you
think can be the outcomes of an accounting fraud to the society and business at
large?
(b) Why do you
think that the history of accounting fraud repeats itself, such as so many
frauds which we have heard after Enron scandal?
(a)
Describe the CRISIL methodology for CG Rating.
(b)
Write a detailed note on Sarbanes Oxley Act.
3. Read the case
and answer questions at the end.
A
junior member of staff has just returned to work after taking special leave to
care for her elderly mother. For financial reasons she needs to work full-time.
She has been having difficulties with her mother’s home care arrangements,
causing her to miss a number of team meetings (which usually take place at the
beginning of each day) and to leave work early. She is very competent in her
work but her absences are putting pressure on her and her overworked
colleagues. You are her manager, and you are aware that the flow of work
through the practice is coming under pressure. One of her male colleagues is
beginning to make comments such as “a woman’s place is in the home”, and is
undermining her at every opportunity, putting her under even greater stress.
(a) In light of the above case, elaborate
the ethical dilemma.
(b) How should you
proceed so as not to discredit yourself, your profession or the practice for
which you work and at the same time maintaining integrity and confidentiality
in your actions?
OR
(a)
How important are Independent Directors in an organization. Give your
opinion.
(b)
Write a detailed note on the principles and structure of corporate
governance.
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