Question: Note: Question# 1 is not important. Please must solve Q#2, Q#3 and Q#4. I will be thankful and rate you. REQUIRED Q 2, 3 &


Note: Question# 1 is not important. Please must solve Q#2, Q#3 and Q#4. I will be thankful and rate you.
REQUIRED Q 2, 3 & 4 Completely. Thanks
Section-1 Question 1:[5x1=5 marks] (State whether the following sentences are true or false) 1. An organization's obligation to maximize its positive impact on stakeholders and to minimize its negative impact is known as social responsiveness. [ ] 2. Stake holders are only interested in the increasing dividend of the shares of the company. ] 3. Industrial espionage is the process to ascertain the trade secret of the rival firm. [ ] 4. Whistle blowing for financial benefits is ethical.[ ] 5. CSR increases the profits of a company in long run.[ ] Question 2: [5 x 2=10 marks] Answer all the following questions: 1. What is CSR? List its advantages to corporations. 2. Discuss the philanthropic dimension of social responsibility. 3. Describe the different types of occupational crimes. 4. Explain about Work Place Ethics and unethical practices in HR. 5. What do you mean by global ethical issues? List global ethical issues mentioned in the Business Ethics. Section -2 Question 3:[5 x 1=5 marks] Critical Thinking Question: Do you think it is ethical to reduce the number of employees in the organization during the COVID pandemic? Many companies reduce the salary of employees also. Is it ethical? Give reasons for your answers based on the concepts that you studied in this course. Write some actions that can be taken by the organizations to deal with employees in this Pandemic situation. Question 4:[10 marks] Situation Analysis: Drug companies around the world make huge profits. Many of them have patented products which they sell for huge profits. In a study conducted in United States they found that the average profits of Pharma Companies are very high in comparison to the Fortune 500 companies. Drug companies say that this huge profits are utilized for their research purposes to find new vaccines, medicines etc. Sometimes in critical situations, the cost of these medicines especially lifesaving medicines are so high that common man cannot afford it. Questions 1. Do you think the pricing in Drug industry must be controlled? If yes or no give reasons. [3 Marks] 2. What are the changes required in drug industry according to you?[3 Marks] 3. Do you think the drug industries use or advise to use medicines for mild illness also to sell their medicines? If so give reasons? Is it ethical? [4 Marks]Step by Step Solution
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