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All India Management Association (AIMA) 2007 M.B.A Marketing Management Business Ethics

Friday, 01 February 2013 11:35Web
We also adhere to the UN Global Compact Programme.” To promote corporate social responsibility the company established a philanthropic foundation in 1996, which is mostly engaged in social, health and education programs in India.
Murthy is the chairman of the governing body of the Indian Institute of info Technology, Bangalore and the Indian Institute of Management, Ahmedabad. He was the Chairman of the Committee on Corporate Governance appointed by the Securities and Exchange Board of India (SEBI) in 2003. He is a member of the Board of Overseers of the University of Pennsylvania’s Wharton School; Cornell University Board of Trustees; Singapore Management University Board of Trustees; INSEAD’s Board of Directors and the Asian Institute of Management’s Board of Governors. He is also a member of the Advisory Boards and Councils of the William F. Achtmeyer Center for Global Leadership at the Tuck School of Business, the Corporate Governance initiative at the Harvard Business School, and the Yale University President’s Council on International Infosys Foundation, the philanthropic arm of Infosys Technologies Ltd., came into existence on fourth December 1996 with the objective of fulfilling the social responsibility of the company by supporting and encouraging the underprivileged parts of society. In a short span of time, the Foundation has implemented numerous projects in its chosen areas. The Foundation has undertaken different initiatives in providing medical facilities to remote rural areas, organizing novel pension schemes and in aiding orphans and street children. It has undertaken a large rural education program titled “A library for every school” under which 5500 libraries have been set up in government schools spread across many villages. Other activities include the reconstruction of old school buildings, setting up of rural Science Centers and schemes to give support to dying traditional art and culture forms.

END OF CASELET 1

Caselet 2
learn the caselet carefully and ans the subsequent questions:

3. Bribery, of course, is the most widespread form of corruption, and corporate strategies for dealing with bribe requests vary. With respect to the caselet, explain the strategies for saying no to bribe and discuss risks and costs abound for companies that succumb to the bribery game. ( 7 marks)

4. There’s no doubt that corruption, endemic in emerging economies around the world. explain the different unethical behaviors that constitute in business and their impact of corruption on market system. ( 8 marks)



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