GS4 · 20 marks · 250 words

Do you think corporate businesses such as GAMA must consider international ethics while pursuing business interests? Why/why not? (c) Do you think a corporate's social responsibility extends beyond one's immediate community to the international community? Why/Why not? (d) Do you think the Defence sector companies marketing sensitive technologies must be regulated by their respective governments, or regulation may curtail their entrepreneurial and innovation energy? Discuss.

Answered by 4 toppers · CSE 2023–2024

Corporate GovernanceEthics in International RelationsTechnology and Ethics

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.

How toppers approached it

From all 5 answers · about 300 words.

Opening

  • No separate opening100%

Body

  • Points and prose60%
  • Points40%

Close

  • No separate close60%
  • A way forward40%

The toppers’ answers

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.

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