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INDIAN SCHOOL OF BUSINESS
MANAGEMENT & ADMINISTRATION
AN ISO 9001 : 2008 CERTIFIED INSTITUTION
SUBJECT:-Business Ethics
MARKS :80
Course :MBA-4 Sem (Masters In Business Administration
Name :
Answer the question in one line.
Q1. Give benefits of ISO 9000 quality systems. (10 marks)
Answer: ISO 9000 is a set of international standards of quality management that have become increasingly popular for large and small companies alike. “ISO is grounded on the ‘conformance to specification’ definition of quality, ” wrote Francis Buttle in the International Journal of Quality and Reliability Management. “The standards specify how management operations shall be conducted. ISO 9000’s purpose is to ensure that suppliers design, create, and deliver products and services which meet predetermined standards; in other words, its goal is to prevent non-conformity.” Used by both manufacturing and service firms, ISO 9000 had been adopted by more than 100 nations as their national quality management/quality
Q2. What is imperative need? (10 marks)
Answer: A need is something that is necessary for organisms to live a healthy life. Needs are distinguished from wants because a deficiency would cause a clear negative outcome, such as dysfunction or death. Needs can be objective and physical, such as food, or they can be subjective and psychological, such as the need for self-esteem. On a social level, needs are sometimes controversial. Understanding needs and wants is an issue in the fields of politics, social science, and philosophy.
To most psychologists, need is a
Q3. How promotion of ethical values occur. (10 marks)
Answer: It is important for staffers to focus on accomplishing key company goals and developing good working relationships in the office, but it is equally important to ensure ethical conduct among employees. Ethical conduct ensures that your business maintains a reputation for sound professional principles and values that are directly in line with
Q4. Write note on electrification of villages. (10 marks)
Answer: Rural electrification is the process of bringing electrical power to rural and remote areas. Electricity is used not only for lighting and household purposes, but it also allows for mechanization of many farming operations, such as threshing, milking, and hoisting grain for storage. In areas facing labor shortages, this allows for greater productivity at reduced cost. One famous program was the New Deal’s Rural Electrification Administration in the United States, which pioneered many of the schemes still practiced in other countries. According to IEA (2009) worldwide 1.456 billion people (18% of the world’s population) do not have access to
Q5. What is the relation of ethics in business? (10 marks)
Answer: The ethical foundation of a company is important to the way a company is perceived by customers and peers alike. It is also a source of pride and self-respect for the company itself. While appropriate business ethics may be subjective, depending upon the context of your business, some basic principles of ethics will apply regardless of the type of business you operate. Ethical business relationships are less often a matter of legal compliance as they are of conscious self-governance by individuals and businesses.
Conflicts of Interest: Engaging in
Q6. How morality is useful in business? (10 marks)
Answer:Some people argue that a company’s sole purpose is to maximize profits and that focusing on any other concerns is a violation of fiduciary responsibility. But just because business is a highly competitive field does not mean that a company has to be amoral. A company can still make money while adhering to an ethical code of business operations. With social media forming an increasingly important role in shaping the reputation of a business, any company that charts its course with a moral compass will enhance its reputation
Q7. Give 7 points of New World order by M. K. Gandhi. (10 marks)
Answer:Gandhi’s object is the happiness and welfare of people, to be achieved by ending their age-old starvation, their ignorance and social disabilities, and helping them to gain a new social awareness. The wisdom of Gandhi is expressed in his search for truth, his insistence upon Ahimsa (non-violence), and his view of the universality of religion as he sees it. By reflecting upon the principles of Gandhi, perhaps it will be possible to gain a perspective on creating a new world-order that will lead to a future where wars are something that we only understand from reading our history books; where starvation is something that
Q8. Give a note on Human culture. (10 marks)
Answer:As a defining aspect of what it means to be human, culture is a central concept in anthropology, encompassing the range of phenomena that are transmitted through social learning in human societies. The word is used in a general sense as the evolved ability to categorize and represent experiences with symbols and to act imaginatively and creatively. This ability arose with the evolution of behavioral modernity in
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
(Prefer mailing. Call in emergency )