BBA– 106 – Business Ethics & Environment – JNU Solved assignments

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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.