Integrity

You retired as a finance manager from a Public Sector Undertaking (PSU). After retirement you are offered a job in a private company as its finance head and you have accepted it. The company has a procurement contract with the PSU which you worked for. Now that contract is up for renewal through competitive bidding. You have been asked to lead the team responsible for bidding of this contract. While working in the PSU, you had an opportunity to work on areas relating to financial accounting, procurement, contracts and bids. You are concerned that you might breach the confidentiality if you accept the assignment in the present company. You also suspect that your knowledge and experience of working in the PSU were seen as good reasons for appointing you to the position in the present company. The loss of such a major contract would have a significant effect on the financial performance of Company. Evaluate the merits and demerits of each of the options given below and finally suggest what course of action you would like to take, providing adequate reasons. i. Do not accept the assignment as it will lead to breach of confidentiality. ii. Do not lead the team but guide them from outside. iii. Accept to lead the team and use your expertise in bidding for the contract. iv. Resign from the job. Suggest any other possible option(s). Evaluate all of them and suggest the best course of action, giving your reasons for it.

20 marks · 250 words · Answered by 1 topper · CSE 2015

Conflict of InterestIntegrity

You are the district officer responsible for implementing the government schemes in the district. One of the schemes is to provide financial assistance to poor students completing their Class XII so that they can join college comfortably. But, due to unexpectedly good results there arises a shortage of funds for the scheme. However, the funds are available in another scheme of housing which are unutilized, but need approval from senior officials and may take more than a month and by that time the admissions will be over. Given below are few options that you can take: 1. Send the request for funds diversion and pursue the case with the senior officials to get it done quickly. 2. Promise to deliver the rewards next month as you cannot do anything now. 3. Prepare some fictitious names that need a house & transfer the funds from housing scheme to this scheme considering the urgency of case and future of children. Suggest any other possible option(s). Evaluate all of them and suggest the best course of action, giving your reasons for it.

20 marks · 250 words · Answered by 1 topper · CSE 2015

Utilisation of Public FundsIntegrity