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Business Values And Ethics(Dbmg 039) (Buss 031) Question Paper

Business Values And Ethics(Dbmg 039) (Buss 031)

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2012

TIME: 2 HOURS

INSTRUCTIONS:
Answer question one and any other two questions
Question One
Explain briefly on what you understand by:-
Business ethics
Values
Behaviour
(6 marks)
What is the significance of ethics knowledge for an organization?

(6 marks)
Highlight any four core business values.
(4 marks)
Explain any four individual factors that would influence the decisions made by an individual.
(10 marks)
As a manager of an organization of 40 employees, suggest ways you will put in place to ensure that unethical practices are minimized in your organization.
(4 marks)

Question Two
Briefly explain what is meant by Business Ethics Management.
(2 marks)
Explain the meaning of the following components of Business Ethics Management:
Mission or value statement
Codes of ethics
Risk analysis and management.
(9 marks)
Use any three examples of stakeholders and explain the ethical responsibility of each one of them.
(9 marks)

Question Three
Highlight two main reasons why some firms in Kenya engage in business malpractices.
(4 marks)
Explain the consequences of buch and other business malpractices in the long run for the firm.
(10 marks)
When is a decision considered to be ethical?
(6 marks)

Question Four
What is corporate social responsibility (CSR)?
(2 marks)
Explain any two situation factors that influences decision-making.
(4 marks)
State four functions of an ethics officer in an organization.
(4 marks)
Elaborate any five characteristics of an organization which encourages and practices business ethics.
(10 marks)

Question Five
Explain how an employee can resist unethical requests.
(6 marks)
Highlight any two ethical responsibilities of each of the following business stakeholders:
Customers
Shareholders
Community
(12 marks)
What is meant by ethical business?
(2 mark)

Business Values And Ethics(Dbmg 039) (Buss 031) Question Paper

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