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Business Values And Ethics(Buss 031) Question Paper

Business Values And Ethics(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
According to Raymond C. Baumlast, "The ethics of business is the ethics of responsibility. The businessman must promise that he will not harm knowingly." Discuss.
(5 Marks)
Define the following terms:
Values.
(2 Marks)
Instrumental values.
(2 Marks)
Terminal values.
(2 Marks)

Business Ethics is the application of general ethical rules to business behavior. What are the characteristics of business Ethics as practiced in highly ethical organizations?
(10 Marks)

Why do you think business ethics is important in your organization?
(9 Marks)

Question Two
In describing their organizations, a lot of business leaders always talk about corporate culture as part of what makes these organizations successful. What is your understanding of the term especially in an organizational context?
(2 Marks)

According to N. K. Sethia and Mary Ann Von Glinow, there are four general types of organizational cultures. Elaborate.
(8 Marks)

"Ethics is a component of corporate culture." Discuss.
(5 Marks)
What do you understand by the following terms;
Differential Association.
(3 Marks)
Whistle blowing.
(2 Marks)

Question three
What are the basic principles of the Divine Command Theory?
(5 Marks)

The Divine Command Theory has been criticized by many scholars who study ethical theories. What are some of the most common criticisms put forward by detractors of this theory?
(5 Marks)
What do you understand by the terms;
Act utilitarianism.
(2 Marks)
Rule utilitarianism.
(2 Marks)
Psychological Egoism.
(2 Marks)
Ethical Egoism.
(2 Marks)
Hedonism.
(2 Marks)

Question Four
What is corporate social responsibility?
(2 Marks)

Why do many people in the corporate argue against businesses engaging in corporate social responsibility?
(14 Marks)

Howard R. Bowen is considered the father of corporate social responsibility. He stated that CSR rests on two premises. Explain.
(4 Marks)

Question Five
In general there are many areas where ethical dilemmas arise in business. Discuss the ethical dilemmas that arise in business when dealing with:
Human Resource issues.
(5 Marks)
Employee safety issues.
(5 Marks)
Customer confidence.
(5 Marks)
Use of corporate resources.
(5 Marks)

Business Values And Ethics(Buss 031) Question Paper

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