Question

1.Answer Any one of the following question in About 40-60 Words.....

(a). Ethics has become a buzzword in the business world? Explain briefly the Elements of business ethics with Examples.....


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Answer 1

Answer:

Ethics has become the buzzword in the corporate world because of both globalization and communications explosion. Globalization refers to the process of integration of world economies into a village economy.

Globalization – coupled with focus on cross-border trade, multinational enterprises and global supply chains — is increasingly raising CSR concerns related to human resource management practices, environmental protection, and health and safety, among other things.

Advances in communications technology, such as the Internet, cellular phones and personal digital assistants, are making it easier to track corporate activities and disseminate information about them. Non-governmental organizations now regularly draw attention through their websites to business practices they view as problematic.

Answer 2

Combustion, a chemical reaction between substances, usually including oxygen and usually accompanied by the generation of heat and light in the form of flame.....