BBA 6th sem

Define Business Ethics. Critically evaluate the implications of ethics on business and society.

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Define Business Ethics. Critically evaluate the implications of ethics on business and society.

Business ethics encompasses the moral principles and standards that govern the conduct of a business and its workforce. It involves the treatment of various stakeholders, including employees, customers, suppliers, and the community, while addressing critical issues such as fairness, transparency, corporate social responsibility (CSR), and environmental sustainability. Implications of Ethics on Business Reputation and Trust: … Read more

What are the major ethical issues that businesses face today? Make a comparison between society’s expectations of business ethics and actual business ethics

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Major Ethical Issues that businesses face today

Businesses today encounter a multitude of ethical issues, many of which arise from evolving societal norms, regulatory frameworks, and the increasing impact of global markets. Below are some prominent ethical issues: Corporate Social Responsibility (CSR) Expectation: Society anticipates that businesses will contribute positively to communities, endorse social initiatives, and mitigate adverse environmental effects.Reality: Although numerous … Read more

How do you evaluate the impact of ethics on Business and Society? Elucidate

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How do you evaluate the impact of ethics on Business and Society Elucidate

Assessing the influence of ethics on business and society requires an examination of how ethical practices shape organizational choices, public confidence, economic outcomes, and the overall social structure. The following is a comprehensive analysis: Corporate Reputation and Trust Business Impact: Ethical conduct fosters a favorable reputation for organizations, which in turn enhances customer loyalty, employee … Read more

Causes and Consequences of Ethical Problems & Suggestions for Nepalese Organizations

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Ethical Problems in Nepalese Organizations

Question: Explain the various causes and consequences of ethical problems in business. What are your suggestions to make ethics work in Nepalese organizations? Discuss. Answer: Ethical problems in business stem from a variety of factors and can have profound implications for organizations, their employees, and society at large. This discussion will explore the causes, consequences, … Read more

How Do Shareholder Value Theory and Stakeholder Theory Differ?

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Shareholder vs. Stakeholder Theory: Key Differences

QUESTION : Shareholders’ interest and stakeholders’ interest are always being a matter of discussion in business houses. In your opinion, how do shareholder’s value theory and stakeholder theory of the firm differ? Answer: The discourse surrounding the interests of shareholders versus those of stakeholders represents a significant aspect of corporate governance and business ethics. The … Read more

Define Corporate Social Responsibility. Explain and illustrate different models of Corporate Social Responsibility

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Define Corporate Social Responsibility. Explain and illustrate different models of Corporate Social Responsibility

Corporate Social Responsibility (CSR) denotes a corporation’s dedication to ethical business practices that foster economic growth, environmental stewardship, and social welfare. It transcends mere profit generation, emphasizing the extensive effects of business operations on society and the environment. Models of Corporate Social Responsibility (CSR) denote the frameworks or methodologies that assist businesses in meeting their … Read more

Define the ‘Sustainability’. Do you think of CSR as a means of Sustainability? Explain with a suitable example

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Define the ‘Sustainability’. Do you think of CSR as a means of Sustainability? Explain with a suitable example

Sustainability refers to the capacity to fulfill the needs of the current generation while ensuring that future generations can also meet their own needs. It emphasizes the importance of achieving a harmonious balance among economic development, environmental conservation, and social welfare. The concept of sustainability encompasses the responsible management of resources, minimizing waste, promoting social … Read more

Define Corporate Social Responsibility. Explain theories of Corporate Social Responsibility

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Define Corporate Social Responsibility. Explain theories of Corporate Social Responsibility

Corporate Social Responsibility (CSR) denotes a company’s dedication to conducting its operations in a manner that is economically, socially, and environmentally sustainable. This concept transcends mere profit generation, encompassing ethical business practices, engagement with stakeholders, and contributions to the welfare of society. CSR mandates that businesses take into account the repercussions of their actions on … Read more

What do you mean by Corporate Citizenship? Explain the five stages of developing Corporate Citizenship

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What do you mean by Corporate Citizenship? Explain the five stages of developing Corporate Citizenship

Corporate Citizenship encompasses a company’s obligation to make a positive impact on society, the environment, and the economy. This concept extends beyond mere legal adherence, emphasizing the importance of ethical business conduct, enhancing community welfare, and promoting sustainability initiatives. A company that embodies strong corporate citizenship incorporates social, environmental, and economic factors into its operations, … Read more

Explain the major reasons to follow CSR by business organizations

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Major Reasons for Businesses to Follow CSR

Corporate Social Responsibility (CSR) refers to the approach adopted by businesses to incorporate ethical, environmental, and social factors into their operational frameworks. Companies pursue CSR for several significant reasons: Improved Reputation and Brand Perception By implementing CSR initiatives, businesses can bolster their reputation and foster trust among stakeholders, including customers, employees, and investors. Consumers are … Read more