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Business Ethics Governance & Risk
December 2022 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 search 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. Go through the Management Discussion and Analysis Section of the Annual Report (2020-21) of any ONE listed company (refer to: top 200 companies by turnover – NSE or BSE List). Under Enterprise Risk Management, identify one economic risk and one risk related to Covid 19 Pandemic. Explain and analyse in your own words, what according to the company are the,
a) impacts of these risks on business and
b) what is the mitigation strategy identified & developed by the company to manage these risks. (10 Marks)
Introduction
The organization has its business dynamics to have efficiency. It is based on the brink of linear precision. COVID-19 has provided business in consideration of dynamism. It has provided issues based on linearity. Among the companies referred to in NSE is listed in this conversation. HDFC bank is being
Q2. From the Sustainability Report of any one listed company from across the globe, select any ONE social initiative adopted and practiced by the company. Explain in your own words the following;
(i) the purpose of the initiative – its ethical foundation
(ii) the modality/process of how the initiative is practiced and delivered
(iii) what are the outcomes/impacts expected and whether they are measured, monitored and reported clearly (10 Marks)
Ans 2.
Introduction
Sustainability is the need of the modern service dynamics of the organization. It provides straight benefits in this consideration. Ethics is related to the values of sustainability. It provides the significance of sustainability to conduction and guideline on the verge of precision. Ethical foundation and campaign are being provided with the reference. The business that is provided in this perimeter is Wal-Mart. Wal-Mart is a famous firm that has global service dynamics. The effort will be gone over in this consideration. The effort based upon social consideration is mosting
Q3a. Are you aware that you are being tracked and watched while you are surfing the net. The advertisers observe your behavior across digital platforms and accordingly target their ads, products & services at you. You end up exposing your supposed needs and desires unawares as someone is stealing data about your online surfing patterns. This kind of tracking and placing ads, products & services in the user’s path is known as online behavioral targeting. What is the inherent moral issue here? Why is it an issue? What does law say about it.
Ans 3a.
Introduction
Advertising is the significance through which companies increase and circulate firm information to consumers. The practices and relationships of the clients with ads are significant. In this, taking data in ads is additionally a direct issue. Promotion and contextual targeting is being provided with information. Moral relation is being thought about in this situation.
Concept and applications
Marketers involved in the organizational organization dynamics have an understanding of the purchasing behavior of the consumers. It is based upon making use of assigned promotions for the preferred result. The ad provides a
Q3b. Marketer’s say prohibition of tracking takes away the marketer’s legitimate right to study consumer behavior. Which side do you agree with and what are your two reasons for doing so? (5 Marks)
Ans 3b.
Introduction
Marketers in this modern-day consideration provide the understanding that restriction of tracking eliminates the reputable legal rights of customer behavior. Does the customer is being influenced by the prohibition of tracking? It is vital to comprehend the prohibition of tracking the consumers’ practices. The legal alignment is needed to be provided with the edge of effectiveness.
Concept and applications
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