Corporate Governance

A reputed Automobile company based in India developed an Electric Vehicle(EV) for the international market and started exporting the same after getting necessary approval. The company announced this achievement and also indicated that soon the product will be made available for the domestic consumers with almost same quality and safety features. Accordingly, the company got its product approved by the domestic competent authority and launched the product in the Indian market. The company could increase its market share over a period of time and earned substantial profit both domestically and internationally. However, the random sample test conducted by inspecting team found the product being sold domestically in variance with the approval obtained from the competent authority. On further investigation, it was also discovered that the automobile company was not only selling electric vehicles which were not meeting the stipulated safety standards of the country but also selling the rejected export vehicles in the domestic market. This episode adversely affected the reputation and profitability of the automobile company. (a) What action do you visualize should be taken by the competent authority against the automobile company for violating the laid down Domestic Vehicle Safety Norms and selling rejected export products in the domestic market? (b) What course of action is available with the automobile company to resolve the crisis and bring back its lost reputation? (c) Examine the ethical dilemma involved in the case.

20 marks · 250 words · Answered by 2 toppers · CSE 2022

Corporate GovernanceEthical Dilemmas in Government

The opportunities and threats created by emerging technologies like Artificial Intelligence (AI) require leaders across business, government and civil society to understand the importance of values and ethics in technological development. Elucidate.

10 marks · 150 words · Answered by 2 toppers · CSE 2022–2025

Technology and EthicsAccountability and Ethical Governance

Do you think there has been a convergence of values between public and private sectors in the wake of increasing role of the private sector in public service delivery?

10 marks · 150 words · Answered by 2 toppers · CSE 2019–2022

Civil Service ValuesCorporate Governance

Universal Sisterhood of Dreams (USD) is an NGO run by Ms. Anuradha Sen, a popular celebrity. The NGO champions the cause of woman and child rights including issues like trafficking of women and children, bonded labor, child labor, underpaid-forced labor etc. USD has won multiple awards for running a shelter and a rehabilitation programme for victims of human trafficking. Due to the good work and direct involvement of a famous personality like Ms. Anuradha, USD receives substantial donations from corporate houses and philanthropists. Ms. Anuradha also owns a clothing brand ‘Sensation’ and uses the profits from Sensation for funding USD. The manufacturing of the merchandise sold under the brand has been outsourced to a thirdparty vendor located in a country named Taba. Taba is an under-developed country with weak labor protection laws. The textile industry in Taba is infamous for sweatshops. In these sweatshops working conditions are miserable, labors are paid meager wages for long working hours, child labor and bonded labor is rampant and workplace safety is absent resulting in frequent industrial accidents. Recently, there was a huge fire in a textile factory manufacturing goods for Sensation. Seventeen people including nine children were killed in this fire. After the industrial accident, the issue of exploitation of laborers in Taba became a matter of global debate. Sensation is facing heat and bad publicity on social media because of the use of sweatshops for manufacturing of its products. Ms. Anuradha and her NGO USD are becoming victims of online trolls. This entire fiasco has negatively impacted the image of her NGO. Many former donors and philanthropists have preferred to disassociate themselves from the USD resulting in fund shortage in the NGO. Ms. Anuradha discusses the entire situation with her financial and legal team. Her legal team tells her that all the relevant laws in Taba were followed by her contractor and the wage paid by it was above the minimum wages prescribed by law. Sensation has done nothing illegal and has no legal liability in this case. But Ms. Anuradha decided that she will ensure that her contractors are paying adequate wages and providing good working conditions to their employees. This can help in not only rebuilding her own reputation and image of USD also re-attract donors. However, her financial team advises her against this move as it will involve substantial cost for the company. This can lead to a profitable brand turning into a loss-making brand. Further, it will also negatively impact the finances for USD which is already facing a resource crunch. Lack of resources can lead to closure of the shelter home and rehabilitation programme run by her NGO. Now, Ms. Anuradha is in a dilemma about her future course of action. a) Bring out and discuss various ethical dilemmas faced by Ms. Anuradha in this case. b) If you were in her position, how would you approach the problem and what would be your course of action? Justify your choices.

20 marks · 250 words · Answered by 1 topper · CSE 2022

Ethical Dilemmas in GovernmentCorporate Governance

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.

20 marks · 250 words · Answered by 1 topper · CSE 2022

Corporate GovernanceLaw and Morality

You have recently started working at your dream company. You have been hired in the strategies department along with two other new joiners. All of you have just graduated out of college. You have very friendly relations with your co-joiners. The three of you have been helping each other at work. The experience of working together has built strong camaraderie between the three of you. Your boss has publicly appreciated the strong team-spirit displayed by you and your colleagues. At the annual review, you have been given a higher pay raise, and a more lucrative job profile. The promotion doesn't come as a surprise to you. You have worked beyond office hours more as a rule rather than as an exception. The project you worked on was adjudged 'the best project of the year in business impact' at the annual corporate awards. One of your co-joiners remarks, in presumably good humor, that you should suggest to your boss to allocate similar high impact projects to your friends as well. You also perceive suggestions towards the shared surname being the reason for special affinity of your boss towards you, indicating the fact that your boss and you have the same caste. You feel hurt but you also try to think about the remarks with an open mind. You assess that the three of you have indeed worked hard with sincerity. One of your friends, in fact, worked very efficiently despite a personal tragedy at home. There was already a salary differential between you and your colleagues based on the pedigree of your college. The higher pay raise to you has expanded the differential pay structure further. You always considered the initial pay differential to be against the principle of equal pay for equal work. But now you feel your friends may not have been given equal opportunities as well. a) You are inclined to the belief that the efforts and talent of your colleagues have been under-appreciated and you start feeling guilty about your promotion. b) Based on the given information, discuss the options that are available to you for addressing the guilt. What are the merits and demerits of those choices? Which option would you choose? Justify.

20 marks · 250 words · Answered by 1 topper · CSE 2022

Corporate GovernanceIntegrity

Bring out the differences between the ethical issues faced by government and private institutions and the reasons therein.

10 marks · 150 words · Answered by 1 topper · CSE 2022

Ethical Dilemmas in GovernmentCorporate Governance

You are the Compliance Officer at GreenTech Industries, a company that manufactures eco-friendly products and believes in making positive environmental impacts. Your primary responsibility is to ensure that the company adheres to environmental laws and ethical standards. The Company recently developed a new product that promises significant ecological benefits but involves a manufacturing process that produces hazardous waste. During an internal audit, you discover that the hazardous waste from the new product's manufacturing process is being disposed of in a manner that technically meets legal standards but raises serious ethical concerns. While compliant with current laws, the disposal method poses potential risks to a local community's health and the environment in the long term. Legally, GreenTech Industries is not violating any regulations. The waste disposal method is within the permissible limits set by environmental laws. However, ethically, you are aware that continued use of this method could significantly harm the local community and ecosystem. You were left wondering, on the one hand, the Company was legally correct, but on the other, it was hypocritical about its avowed values of positively impacting the environment. As a conscientious professional, you are serious about taking action, but the challenge is its whats and hows. 1. What are the ethical issues and dilemmas that confront you in the above case? 2. Discuss the available options along with its merits and demerits. 3. What will be the chosen course of action? Why?

20 marks · 250 words · Answered by 1 topper · CSE 2022

Ethical Dilemmas in GovernmentCorporate Governance