Business Ethics

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NATIONAL INSTITUTE OF BUSINESS MANAGEMENT

Advanced Diploma in Business Management 18.1F


Business Ethics & Business Environment - ADBM-M07
Date: 26 September 2018 Time Allowed:3hrs
Answer only Four (04) questions by selecting two (02) questions from each part.

Part – 01
Question – 01

1. “There is a mutual relationship exist between business organizations & society”. Do you agree
with this statement? Justify your answer. (12 marks)
2. “Modern managers have more responsibilities to full fill with compare to traditional business
managers”. Do you agree with this statement? Explain in brief. (08 marks)
3. List down five (05) managerial qualities that will help modern business managers to perform
their job well. (05 marks)
Total: 25 marks

Question – 02

1. Today many business organizations/industries are operating under turbulent business


environment. Do you agree with this statement? Explain your answer by using two (02)
practical examples. (10 marks)
2. What do you understand by the term business trend? Discuss four (04) new business trends
in brief. (10 marks)
3. For an industry of your choice, list down five (05) major macro-environmental changes and
developments. (05 marks)
Total: 25 marks

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Question – 03
1. “There is no specific profile to excel in entrepreneurship”. Do you agree with this statement?
Justify your view point with real-life examples. (08 marks)
2. Discuss in brief major differences between Partnerships, Private Limited Companies, Public
Limited and Joint Ventures. (12 marks)
3. List down 05 factors which are affected in choosing a funding method for a startup.
(05 marks)
Total: 25 marks

Question – 04
1. Business organizations face many challenges today. One of the major one is developing a
strong relationship with its key stakeholders.
a. What do you understand by the term “Stakeholders”? (02 marks)
b. Why business organizations do needs to develop a stakeholder management
system? (06 marks)
2. Identify the key stakeholders of NiBM and classify them as Primary & secondary stakeholders.
Propose three (03) strategies to manage the most influential parties. (12 marks)
3. List down five (05) characteristics of a good stakeholder management system. (05 marks)
Total: 25 marks

Part – 2
Question – 01
1. “Corporate social responsibility is used to show the company’s concern & commitment
towards society’s sustainability & development” Briefly explain the benefits of Corporate
Social Responsibility to enhance the successfulness of the business”. (08 marks)
2. For an organization of your choice, propose a suitable CSR project and explain in brief how
you would initiate, execute and monitor the proposed program. (12 marks)
3. List down five (05) factors to be considered when designing & developing a CSR Program.
(05 marks)
Total: 25 marks

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Question – 02
1. “Ensure profitability and adhering to rules and regulations prevailing in the country are the
key determinants of a successful business”. Do you agree with this statement? Give reasons
for your answer. (08 marks)
2. Explain in brief the key differences and the similarities between following business concepts.
a. Law and ethics
b. General ethics & Business ethics (08 marks)

3. Discuss in brief three (03) schools of thought regarding how to accept and follow ethical
standards. (09 marks)
Total: 25 marks

Question – 03
1. Explain in brief major “Organizational changes” to be done to enhance the ethical orientation
of a business. (08 marks)
2. Explain in brief the key differences between following ethical decision making
approaches/ethical test.
a. Utilitarian approach and Common good approach
b. Light of the day and do unto others (08 marks)

3. Discuss in brief three (03) levels/stages of moral development with the use of appropriate
examples. (09 marks)
Total: 25 marks

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