RuhaniAIR 5 · CSE 2023 · 142 wordsTheir whole copy
Opening
This case deals with the signing of business deal between countries ABC, GAMA and XYZ.
Body · points
a) ETHICAL ISSUES INVOLVED • Human rights violation by XYZ • Signing of deal between GAMA & XYZ • Good business, but with questionable clients.
b) GAMA must look at business ethics while pursuing business interest. However, if business interests can be misused for human rights violation, then GAMA must not pursue business interests solely.
c) CSR extends to the country concerned because the law defines the jurisdiction where CSR is to be done. However, CSR must extend to international community.
d) Defence sector companies need to be regulated, not strangulated.
Close
Regulation is important so that they do not take too many risks and perform any action that harms nation's interest. However, excessive regulations must be avoided as entrepreneurs need a simplified and conducive environment to operate.
4 more toppers’ answers to this question, part by part, and how they all approached it: open the question.