✓ The Student should submit this assignment in the handwritten form (not in the typed format)
✓ The Student should submit this assignment within the time specified by the exam dept
✓ Each Question mentioned in this assignment should be answered within the word limit specified corresponding to each question.
✓ The student should only use the Rule sheet papers for answering the questions.
✓ The student should attach this assignment paper with the answered papers.
✓ Failure to comply with the above Five instructions would lead to rejection of assignment.
✓ There are four Questions in this assignment. The student should answer all the four questions. Marks allotted 100.
✓ Each Question carries equal marks (25 marks) unless specified explicitly.
Q1-What in your opinion is Business Ethics and what is not? Do you think Business ethics builds in values for a Business to sustain itself in a world of grueling competition?
Business ethics are often guided by law, while other times provide a basic framework that businesses may choose to follow in order to gain public acceptance.
Business ethics (also corporate ethics) is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations.
The range and quantity of business ethical issues reflects the interaction of profit-maximizing behavior with non-economic concerns. Interest in business ethics accelerated dramatically during the 1980s and 1990s, both within major corporations and within academia. For example, today most major corporations promote their commitment to non-economic values under headings