June 2018 4) examination Master of Business Administration ter ; (Full Timer (Neve) Second SOME ay VALUES FT-S07C : BUSINESS ETHICR AND-MANAGEMENT Mx. Marke 80 ‘Time 3 Hours] ual marks. Note: Atterapt any four questions from Scetién A. All questions carry oa B is compulsory carrying 20 marks. Section A arguments {Replat manager's m1 emands and interests with relative Finda nnater's dilemma mediating between moral demand 2 Explain with camplos (a) Public Accountability and Entrepronurial Responsibility (b) Enlightened Egoism. fe} Duty Bthics, 3. Describe human behaviour on the basis of Guna Theory and Sanak Describe impact of Supremacy of Values over skills in work place Spirituality 5. Discuss the relevance of prospocts of virtues in business ethics and management theory Section B 6. Read the following case and answer the questions given at the end. Ethical Dilemma Unethical practices have become rampant throughout the world an sigion, « serious problem. Karlicr the responsibility was colletive; more reliance an norms Inid dawn by religion. laws 1nd codos of conduct. Principles of Ethic Iny down norm for good behaviour by distinguihing between virsues and vices. Values and ethies are interrelated closely, Without values. ethics have no base to stand oo Hut distinction betwoon principlen and practices in othicgia vital Tobe ethical in one's fe when st aseepted that all ethical tenets are rlative and all ethical practice hr situational, one has to learn to tnko ethical decision writh full awareness. Ethical probloms present themselves aa conflicts, dilemmas and paradoxes, The nec! for alia to realise the principlos which lay down right and ‘wrong’ practice distingrishes between ‘good and bad Moreover it in not always the choice between the good and bud, but it can be * between more kod and less gee + between more bad and less bad. htip://www.davvonline.com The old approach was essentially regulatory in nature : Religious, legal and political, bused un idens of sin, erimc and we are now more interested in positive ideas such ax courage und corrupt 1n trust. Moral courage 18 the best type of courage. The man who possoss it has totake more risk and act holdly with a high degree of confidence Farther our acceptability in our own organisations and in our owa sucictivs depends on trust others have in us ‘The emphasis now is shifting towards individual responsibility Ethical choices. good compromises, ma courage, right to information, transparency and accountability. They haven't produced satisfactory resul mainly because the process of implementation is dominated more by avoidance than by compliance Lock at this story below . Story by Bimalkar-Published in Katha Prize S: Raghunath is running a small shop in a small town is content with earning his frugal livir ‘outlook and compassionate towards others One afternoon, when it was raining. an old mun, a poor ve horbs named Satyadus comes to his shop. He is running a high Lemperature, Raghunath provides hum food and shelter. 1n the morning, the visitor is again provided hospitality. He than leaves for another destination leaving. behind a pouch containing six gold cains and a ring studded with gems, Raghunath waits for him for several months to return and then on the persuasion of his wife Jamuna, he sella the contents of the pouch une by one sets up a bigger shop, and builds u comfortable house for himself to live in, Lle starts life with dignity sn aociets But one fine day, suddenly Satyadas makes his appearance. Raghunath is shocked [le is not ax hospi: aihle before. On the contrary, he thinks as ifa devil has turned up and wishes he leaves quickly Ae S to leave, conscientious Raghunath asks : "Did you leave behind something here when you visited lust time Satyadas says : “I don't know. God knows everything." Questions 1. In your opinion, Raghunath was with deep sense of guilt and Remorse ? If so, how and why ? a Theory 1d are not considered to be laws He ts religious in tyadas is about 2 Do yau find the three imaginary characters are created for three eonfictings aspects of a single mind? Morality, Guilt and Greed. Discuss these three characters based on your thinking 30/30/25/-