GS4 · 20 marks · 250 words
An international beverage company has a signature drink that it sells all over the world, with children being its major consumers. In India, the version of the drink complies with Indian food and health regulations, but is less healthy than the one sold in developed countries. Though the company is not in violation of any law in India, but it is selling an inferior, less healthy product in a developing country like India. There is however, a price differential with the drink sold in India being cheaper than the one sold in developed countries. Identify the various stakeholders and discuss the issues that arise in this situation.
Answered by 1 topper · CSE 2022
Syllabus: Public/Civil service values and Ethics in Public administration: Status and problems; ethical concerns and dilemmas in government and private institutions; laws, rules, regulations and conscience as sources of ethical guidance; accountability and ethical governance; strengthening of ethical and moral values in governance; ethical issues in international relations and funding; corporate governance.
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