JNTU
JNTU MBA 2023 BUSINESS ETHICS AND CORPORATE GOVERNANCE Previous Question Paper (March - 2023 - R19)
Note: i) Question paper consists of Part A, Part B. ii) Part A is compulsory, which carries 25 marks. In Part A, Answer all questions. iii) In Part B, Answer any one question from each unit. Each question carries 10 marks and may have a, b as sub questions.
Part A
Explain about principles of business ethics.
Answer
The principles of business ethics serve as the foundation for moral conduct in commercial activities. Key principles include: Integrity, which involves honesty and consistency in actions; Objectivity, ensuring decisions are based on facts rather than bias; Professional Competence, maintaining the necessary skills to perform duties; Confidentiality, protecting sensitive information; and Professional Behavior, complying with laws and regulations to avoid discrediting the profession.
Explain the importance of ethics in healthcare services.
Answer
Ethics in healthcare is critical because it directly impacts human life and well-being. Its importance lies in: Patient Autonomy, respecting the patient's right to make informed decisions; Beneficence and Non-maleficence, the duty to act in the patient's best interest while doing no harm; Justice, ensuring fair and equitable distribution of medical resources; and Trust, which is the cornerstone of the doctor-patient relationship, ensuring transparency and accountability in medical practices.
Explain the need and importance of Corporate Governance.
Answer
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Explain about conflict of interest in the organization.
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Explain its scope and importance of CSR.
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Part B
How do you define Business Ethics? Is it necessary to follow ethics in business and describe the five myths of business ethics?
Answer
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What is Carol Gilligan’s Theory of moral development and explain its importance?
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Brief on the levels of business ethics.
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Explain the concept of Ethics in finance and accounting with some suitable examples.
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Describe the ethical dilemma.
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What are the ethical issues in production management and explain why ethics is important in production?
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Brief on issues in preparatory ethics.
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What are the common governance problems in companies and explain the concept with some suitable examples?
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Explain the major recommendations of Kumar Mangalam Birla committee report on corporate governance?
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Explain about different types of directors in the company and describe the role duties, responsibilities of directors.
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What is the structure of board of directors and explain its key features?
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Brief on merits of governance ratings.
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What are the various models for implementation of Corporate Social Responsibility?
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Brief on BCSD India.
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What is corporate social responsibility and is it necessary to corporate companies to implement CSR activities?
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