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Business Ethics Governance and Risk-NMIMS Dec-16

Business Ethics Governance and Risk-NMIMS Dec-16

Business Ethics Governance and Risk

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Q1. Arantia International Services prides itself on hiring minorities. One Asian candidate fully fits the job requirements for an open position in your division. However your boss is concerned that some of your customers will not understand the Asian candidate’s limited command of the English language. You are the manager to whom this candidate will report, if selected. What decision will you take and how will you explain/justify it to your boss? (10 marks)

 

Q2. A customer executive from Southeast Asia will visit your HQ facility and meet with your executive team. Your independent Southeast Asian agent requests that you reimburse the customer executive for his expenses, including expenses that could violate your company's policies. The agent will reimburse you. How do you proceed?

 

Q3. Monica Philip is the environmental compliance manager for a small plastics manufacturing company. She is currently faced with the decision whether or not to spend money on new technology that will reduce the level of a particular toxin in the wastewater that flows out the back of the factory and into a lake. The factory's emission levels are already within legal limits. However, Monica knows that environmental regulations for this particular toxin are lagging behind scientific evidence. In fact, a scientist from the university had been quoted in the newspaper recently, saying that if emission levels stayed at this level, the fish in the lakes and rivers in the area might soon have to be declared unsafe for human consumption. Further, if companies in the region don't engage in some self-regulation on this issue, there is reason to fear that the government — backed by public opinion — may force companies to begin using the new technology, and may also begin requiring monthly emission level reports (which would be both expensive and time consuming). But the company's environmental compliance budget is tight. Asking for this new technology to be installed would put Monica's department over-budget, and could jeopardize the company's ability to show a profit this year.

a. What motives would the company have to install the new technology that Monica can use to convince her seniors? (5 marks)

b. What motives would the company have to delay installing the new technology? (5 marks)

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