BECG

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andf
or

Gr
eat
estHappi
nessPr
inci
ple

Whichsor
toft
hinki
ngi
swher
eSomepeopl
ethi
nkt
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ear
esuchuni
ver
sal
rul
est
hatappl
yto
ev
eryone

mor
alabsol
uti
sm

Whi
cht
heor
yisal
socal
l
edassoci
alcont
ractt
heor
y

CONTRACTARI
ANI
SM

Choosecor
rectone?Et
hical
Egoi
sm i
susual
l
ybasedupon

Psy
chol
ogi
calEgoi
sm

Whenthemoralpri
nci
ples,
standar
dsofbehav
iour
,orsetofv
aluest
hatgui
deaper
son'
sact
ions
i
ntheworkpl
aceisKnownas

wor
kpl
aceet
hics

Whichofthefol
l
owingisnotoneoft
heunder
lyi
ngpr
inci
plesoft
hecor
por
ategov
ernance
combinedcodeofpract
ice?

Accept
abi
li
ty

Whatoccur
swhenanempl
oyeeexposesanempl
oyer
'swr
ongdoi
ngt
oout
sider
s?

Whi
stl
ebl
owi
ng
Whent
heGl
obal
Ethi
cissuedbyt
hePar
li
amentofWor
ldRel
i
gionsi
n

Chi
cagoi
n1993

Howmanychi
l
drenl
abor
eragedbet
ween5and17Year
sol
dgl
obal
l
y

215Mi
ll
ion

Whi
choneoft
hef
oll
owi
ngi
sthemaj
orenv
ironment
ali
ssue?

Useofr
esour
ces

*
*Whatar
ethecr
it
eri
arequi
redf
oraPr
ofessi
on?

Knowl
edge

Whi
choft
hef
oll
owi
ngi
snotconcer
nedwi
thst
aff
ing?

Publ
ici
ty

Choosecor
rectanswer?Undert
heEmpl oy
ees'Pr
ovi
dentFunds&Miscel
l
aneousPr
ovi
sionsAct
,
1952,empl
oyeeshavetheopt
iontokeepapartoft
hei
rsalar
yinv
est
edin

EPF

Whi
choneoft hef
oll
owi
ngcat
egor
iesofFundament
alRi
ght
sincor
por
ates'
Abol
i
tionof
Unt
ouchabi
l
ity
?

Ri
ghtt
oEqual
it
y

Thi
stheorydescri
beshowweapplynormati
vetheor
iest
ospeci
fi
cissues,
usual
l
yrel
atedt
o
workorbelongi
ngtoanorgani
zat
ioncal
led.
..

Appl
iedet
hicst
heor
y
Cor
por
ater
esponsi
bil
i
typr
ogr
amsar
eagr
eatwayt
orai
se_
___
int
hewor
kpl
ace

Mor
ale

Thewaywor
kingcondi
ti
onsar
emai
ntai
nedbyabusi
nessr
efer
stot
he_
___
_oft
hatbusi
ness

empl
oymentpr
act
ices

_
_ _
_i sadocumentt
hatoutl
inespr
inci
plesfordoingbusi
nessgl
obal
l
yint
hear
easofhuman
r
ights,l
abor
,theenv
ironmentandanti
corr
uption

TheGl
obalCompact

Decent
ral
i
zat
ionanddi
ver
sit
yofpowerconcent
rat
ionsl
eadst
o__
___
_

apl
ural
ist
icsoci
ety

*
*Accor
dingt
o__
__cul
tur
edependentappr
oacht
otheconceptofmor
ali
ty

Mor
alet
hics

Thet
erm_
___r
efer
stopr
inci
ples,
val
uesandbel
i
efst
hatdef
iner
ightandwr
ongbehav
iour

Et
hics

_
___i
sanactofmi
srepr
esent
ingr
elev
anti
nfor
mat
ionchur
ning

Decept
ion

Goodet
hicsi
sacor
ner
stoneofsust
ainabl
emar
ket
ing

Tr
ue
Lawspr
otectsoci
etyandpr
eventanar
chybyr
egul
ati
ngbehav
ior

Tr
ue

Personalethi
csist
hecodeofet
hical
gui
del
i
nest
hatgui
dey
oui
nyourper
sonal
and
professi
onall
ife

Tr
ue

**Intermsofmanagi
ngt
heCSRact
ivi
ti
es,
manycompani
escr
eat
eat
eam wi
thi
nthei
rown
organizat
ions

Tr
ue

Ecologyist
hestudyoft
her
elat
ionshi
psbet
weenl
i
vingor
gani
sms,
incl
udi
nghumans,
andt
hei
r
physical
envi
ronment

Tr
ue

Et
hicsr
efer
stot
hest
udyofone'
set
hical
standar
d

Tr
ue

Economi
cli
ber
tymeanscommonowner
shi
poft
hemeansofpr
oduct
ionanddi
str
ibut
ion

Fal
se

Env
ironment
alet
hicsexer
tsi
nfl
uenceonal
arger
angeofdi
sci
pli
nes

Tr
ue
Uni
t1

Whi
choft
hef
oll
owi
ngst
atement
sismostappr
opr
iat
etodescr
ibedeont
ologi
cal
ethi
cs?

Thecentrali
deai
sthatt
her
ightorwr
ongconsi
der
ati
oni
swhatmakest
heactr
ightorwr
ong,
othert
hingsbei
ngequal

Whi
choft
hef
oll
owi
ngpr
inci
plesi
stheessent
ial
pri
nci
pleofut
il
it
ari
anschool
ofet
hics?

Gr
eat
estHappi
nessPr
inci
ple

Thepri
ncipl
eofdeontol
ogicalet
hicshasbeenmostsuccinctl
ylaiddownbyI mmanuelleKanti
n
hiscat
egori
calimper
ati
ve–whi chstates“Actonlyi
naccordancewiththatmaximthrough
whichyoucanatthesamet i
mewi llt
hatitbecomesauniver
sallaw”-underwhatcat
egoryofthe
fol
lowi
ngmet hodsdoesthi
sli
e?

TopDownmodel

Whi
choft
hef
oll
owi
ngi
stheopposi
teofnor
mat
iveet
hics?

Met
aEt
hics

I
dent
if
ytheschoolofEt
hicsunderwhichwhist
leblowi
ngcanbejusti
fi
edbyt
hefoll
owi
ng
pr
oposi
ti
on-“whenthebalanceofgoodoverevil
isbet
terf
oral
laffect
edpar
ti
esthani
fthe
whi
stl
ewasnotblown.”

Ut
il
it
ari
ani
sm

Val
uesar
ethel
i
nksbet
weenneedsandact
ions

Tr
ue

Theincreasei
npercepti
onofi
ndiv
idual
’
sresponsi
bil
i
tyandi
nvol
vementi
nthesi
tuat
ion
i
ncreasestheprobabi
li
tyofmor
albehavi
or

Tr
ue
Mor
ali
tycanbet
houghtofasaespeci
all
ybr
oadandper
vasi
vef
orm ofcooper
ati
on.

Tr
ue

A_
___
___
___
___
___
_set
soutt
hepur
poseandgener
aldi
rect
ionf
ort
heor
gani
sat
ion?

Mi
ssi
onst
atement

Theter
m_ __
___
___
__r
efer
stopr
inci
ples,
val
uesandbel
i
efst
hatdef
iner
ightandwr
ong
behavi
our

Et
hics

Uni
t2

Thepr
imar
yst
akehol
der
sar
e

Shar
ehol
der
s

Whosai
dthatt
he“
onl
yonesoci
alr
esponsi
bil
i
tyofbusi
nessi
stoi
ncr
easepr
ofi
ts”
?

Mi
lt
onFr
iedman

Whi
choft
hef
oll
owi
ngi
sadi
sadv
ant
ageofsoci
alr
esponsi
bil
i
ty?

Vi
olat
ionofpr
ofi
tmaxi
misat
ion

Mil
tonFri
edmanst
atedhi
sbel
i
eft
hat‘
ther
eisonl
yonesoci
alr
esponsi
bil
i
ty’
foracompanyt
o
useit
sresour
cest
o

i
ncr
easepr
ofi
tsol
ongasi
tst
ayswi
thi
nther
ulesoft
hegame

Thespendi
ngonCSRact
ivi
tyi
smandat
oryi
nIndi
aforf
oll
owi
ngor
gani
sat
ions:

2%spendi
ngf
orabov
e5crpr
ofi
tor
gani
sat
ions.
Ar
gumentf
orCSRi
nvol
vesRecogni
ti
onofmor
alobl
i
gat
ionsbybusi
ness

Tr
ue

Pr
ice-
fi
xi
ngi
sachar
act
eri
sti
cofcor
por
atesoci
alr
esponsi
bil
i
ty?

Fal
se

CSRi
sappl
i
cabl
etoPr
ivat
esect
or

Fal
se

The_
___
___
___appr
oacht
ofor
mal
cor
por
ateet
hicsi
nit
iat
ivesi
spr
oact
iveandi
nspi
rat
ional
.

Val
ues

The____
____
_appr
oachtof
ormalcor
por
ateethi
csi
nit
iat
ivesf
ocusesonmeet
ingr
equi
red
behav
iornor
msorobeyi
ngthel
ett
eroft
helaw

Compl
iance

Uni
t3

*
*Whichcount
ryi
sgi
venasanexampl
eofsor
epr
essi
vear
egi
met
hati
nvest
mentcannotbe
j
ust
if
iedonanygr
ounds

Chi
na
Theabil
i
tytoint
erpretandadaptsuccessf
ull
ytodi
ff
erentnat
ional
,or
gani
zat
ional
,and
prof
essi
onalcul
turesiscal
led

cul
tur
ali
ntel
li
gence.

Successf
ulgl
obal
ini
ti
ati
vesaddr
essi
ngst
andar
dsf
orbusi
nessmustbegi
nandendwi
th

t
her
oleofcor
por
ategov
ernanceandshar
ehol
derpoweri
ncor
por
atedeci
sionmaki
ng

Thesoci
aleconomypar
tner
shi
pphi
l
osophyemphasi
zes:

cooper
ati
onandassi
stance.

Thef
ourt
ypesofsoci
alr
esponsi
bil
i
tyi
ncl
ude:

l
egal
,phi
lant
hropi
c,economi
c,andet
hical

Et
hicsandsoci
alr
esponsi
bil
i
tymeant
hesamet
hing

Fal
se

Al
lbusi
nessdeci
sionscannotbej
udgedasr
ightorwr
ong,
ethi
cal
orunet
hical
.

Fal
se

Al
labusi
nesshast
odot
omai
ntai
net
hical
conducti
stof
oll
owt
hel
aw.

Fal
se

Thewayworki
ngcondi
ti
onsar
emai
ntai
nedbyabusi
nessr
efer
stot
he_
___
___
___oft
hat
busi
ness.

empl
oymentpr
act
ices
Decent
ral
i
zat
ionanddi
ver
sit
yofpowerconcent
rat
ionsl
eadst
o__
___
___
___
___
___
__.

apl
ural
ist
icsoci
ety
.

Uni
t4

Whi
choft
hesei
saf
act
ort
hataf
fect
set
hical
andunet
hical
behav
iour
?

Et
hicaldi
lemma

I
tisdecept
ivel
yusedbyanorganisat
iont
opr
omot
etheper
cept
iont
hati
tspr
oduct
s,ai
ms,
or
pol
ici
esareenvi
ronment
all
yfr
iendly

gr
eenwashi
ng

*
*Whatar
ethecr
it
eri
arequi
redf
oraPr
ofessi
on?

Knowl
edge

Whoar
enott
heor
gani
sat
ional
stakehol
der
s?

Et
hics

I
nBusi
nesset
hicsMacr
olev
eldeal
swi
tht
he?

I
nst
it
uti
ons

Amaj
orsoci
alr
esponsi
bil
i
tyf
orbusi
nessi
spr
ovi
dingequal
oppor
tuni
ti
esf
oral
lempl
oyees.

Tr
ue

Et
hical
deci
sionsi
nanor
gani
zat
ionar
einf
luencedbyt
hreekeyf
act
ors.

Tr
ue
Theter
m_ __
___
___
__r
efer
stopr
inci
ples,
val
uesandbel
i
efst
hatdef
iner
ightandwr
ong
behavi
our
.

Et
hics

___
_ _
___
____arethoseindi
vi
dual
swhor
aiseet
hical
concer
nsori
ssuest
oot
her
sinsi
deor
outsi
detheorganisat
ion

Whi
stl
ebl
ower
s

Uni
t5

Thet
hreeor
gani
zat
ional
lev
elsar
e

cor
por
atel
evel
,busi
nessl
evel
,funct
ionall
evel

Wantf
oraspeci
fi
cpr
oductbackedbyanabi
l
ityt
opayi
scal
l
ed

Demand

Thef
oll
owi
ngi
snotat
ypeofMar
ket
ingConcept

TheSuppl
i
erConcept

Thet
erm mar
ket
ingr
efer
sto

Aphi
losophyt
hatst
ressescust
omerv
alueandsat
isf
act
ion

Mar
ket
ingi
sapr
ocesswhi
chai
msat

sat
isf
act
ionofcust
omerneeds
TheConsumeri
stheKi
ngoft
hemar
ket

Tr
ue

Busi
nessEt
hicscanbesai
dtobegi
nwher
elawends.

Tr
ue

Busi
nessmal
pract
icesar
ehar
mful
tot
heconsumer
s.

Tr
ue

Str
ategyevaluat
ionatthe__
____
_____
__leveli
nvol
vesusi
ngspeci
fi
cper
for
mancemeasur
es-
qual
itat
iveandquanti
tati
ve-f
oreachfunct
ionalar
ea.

Funt
ional

Manypeopl
ewantBMW,
onl
yaf
ewar
eabl
etobuy
”thi
sisanexampl
eof_
___
___
___

Demand

Uni
t6

Env
ironment
alet
hicsbel
ongst
owhi
chpar
t?

Env
ironment
alphi
losophy

Accor
dingt
oant
hropocent
ri
sm whoar
emor
eimpor
tant
?

Humans
Whoisthedomi
nantspeci
esi
nthepl
anetaccor
dingt
ohumancent
eredenv
ironment
al
wor
ldvi
ews?

Human

Whi
choneoft
hef
oll
owi
ngi
snotanet
hical
gui
del
i
ne?

Consi
der
inghumansast
hepr
edomi
nantspeci
es.

Whati
sthemai
nreasonenv
ironment
aldest
ruct
ion?

Duet
oconsumpt
ionoft
her
ich

Env
ironment
alet
hicsexer
tsi
nfl
uenceonal
arger
angeofdi
sci
pli
nes.

Tr
ue

Env
ironment
alet
hicst
ell
sal
lthel
i
fef
ormsonEar
thhav
ether
ightt
oli
ve

Tr
ue

Pr
eser
vat
ioni
sm andconser
vat
ioni
sm ar
ethesamet
hing.

Fal
se

Thecommonproper
tyofr
ural
communi
ti
eshasi
ncr
easi
ngl
ybeenusedt
osuppl
ytheneedsof
the_
____
___
___
___.

Ur
ban

_
___
_pr
ovi
desscopef
oror
gani
sedcr
ime

Cor
rupt
ion
Uni
t7

*
**Thephi
l
osopherJohnRawl
sisconcer
nedaboutsoci
alandeconomi
cinequal
i
ties,
butNOT
t
hatt
heyar
e:

Basedupont
hewi
sdom ofhi
stor
y(oxf
ord+ugcnetbook)

Mer
elyhy
pot
het
ical(sway
am)

I
tisaconsci
ousdesi
gnt
oshapet
hesoci
o-economi
cpr
ocessesi
nor
dert
oachi
eveanobj
ect
ive

Economi
cdev
elopment

I
nIndi
a,whatt
ypeofeconomi
csy
stem i
sbei
ngf
oll
owed?

Mi
xed

TheconceptofGr
eek,
‘Just
ice’
was

Mor
al

Whati
smeantbySoci
alJust
ice

Al
lki
ndsofdi
scr
imi
nat
ionandpr
ivi
legesbasedoncast
e,col
our
,cr
eedandsexshoul
dbe
el
imi
nat
ed

Busi
nesset
hicsr
elat
est
oGov
ernmentdeci
sion.

Fal
se

Notal
lunet
hical
pract
icesar
eil
l
egal

Tr
ue
Et
hicsr
efer
stot
hest
udyofone’
set
hical
standar
d

Tr
ue

Str
ong…………………………………….
.meansy
ouhav
eahi
ghsenseofmor
alandet
hical
behav
iort
hat
ear
nsrespectofot
her
s

Char
act
er

I
fyoudon’
thav
e………………………………….
,youcanr
eal
l
ygeti
ntr
oubl
eforl
yi
ng,
cheat
ingor
decei
vi
ngot
hers.

Honest
y

Uni
t8

*
*Ext
ernal
audi
toft
heaccount
sofal
i
mit
edcompanyi
srequi
red

byt
heCompani
esAct2006(ev
ery
wher
eexceptsway
am)

becausei
tisdemandedbyt
hecompany
’sbanker
s(sway
am)

Anor
gani
zat
ion’
sappr
opr
iat
etoneatt
het
oppr
omot
inget
hical
conducti
sanexampl
eof

Et
hicalbehav
ior

Thei
nter
nal
audi
tfunct
ioni
sleastef
fect
ivewhent
hedepar
tment

I
snon-
independent
.

Whichofthef
oll
owi
ngisnotonet
heunder
lyi
ngpr
inci
plesoft
heCor
por
ateGov
ernance
CombinedCodeofPr
acti
ce

Accept
abi
li
ty
Whi
chmor
alphi
l
osophyseekst
hegr
eat
estgoodf
ort
hegr
eat
estnumberofpeopl
e?

Ut
il
it
ari
ani
sm

i
nst
it
uti
onalsharehol
der
s,Theseshar
ehol
der
sof
tenai
mtoi
mpr
oveout
comesr
athert
hansel
l
t
hei
rsharehol
ding

Tr
ue

Continui
ngtotr
ansactwithcr
edi
tor
swhent
hecompany
’sl
i
abi
l
iti
esexceedt
heasset
sisdut
yor
responsi
bil
i
tyofdi
rector
s

Tr
ue

Anindependentdi
rect
orisonewhoDoesnothav
eanyot
herr
elat
ionshi
pswi
tht
hecompany
ot
herthanhisorherdir
ector
shi
p

Tr
ue

Underthe__
_ __
____
___
_,bot
hinter
nalandexter
nalcor
porategover
nancemechanismsar
e
i
ntendedtoinducemanager
ialact
ionsthatmaxi
mizeprofi
tandsharehol
derv
alue.

Shar
ehol
dert
heor
y

Et
hicsr
efer
stoa_
___
___
_thatgui
desani
ndi
vi
dual
whi
l
edeal
i
ngwi
thot
her
s

codeofconduct

Uni
t9

Whi
chamongt
hef
oll
owi
ngsdescr
ibet
heski
l
lst
hatar
eav
ail
abl
ewi
thi
nthecompany
?

HumanResour
cei
nvent
ory
*
*Tocalculat
etheneedformanpoweront hebasi
softheav
eragel
ossofmanpowerduet
o
l
eav
e,reti
rement,deat
h,t
ransf
er,
dischar
ge,et
c.isknownas

Wor
kfor
ceanal
ysi
s(f
rom al
lsour
ces)exceptsway
am

Jobanal
ysi
s(sway
am)

Whatshoul
dbet
hest
rat
egyofHRM?

Al
l3buti
nsway
am Pl
anni
ngt
heopt
imum l
evelofman¬power

Thepr
ocessofhel
pingunwant
edpr
esentempl
oyeesf
indnewj
obswi
thot
herf
ir
mscal
l
ed

Outpl
acement

Tocal
cul
atet
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wor
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it
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Tr
ue

*
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Tr
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TheobjectofSoci
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Tr
ue
Jobanal
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manager
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Uni
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t
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Val
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HumanRi
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Whi
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Whi
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I
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Recr
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ers

Tr
ue

Thest
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ingpr
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donl
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spect
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Fal
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Ani
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sions

Tr
ue

__
___
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Jobanal
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s