Online_MBA - Business Ethics & Corporate Governance

 What GHP Stand for

➤ Greatest Happiness Principle

 Which sort of thinking is where some people think there are such universal rules that
apply to everyone.
➤ Moral absolutism

 Which theory is also called as social contract theory

➤ CONTRACTARIANISM

 Ethical Egoism is usually based upon

➤ Psychological Egoism

 When the moral principles, standards of behaviour, or set of values that guide a
person’s actions in the workplace is known as
➤ work place ethics

 Which of the following is not one of the underlying principles of the corporate
governance combined code of practice?
➤ Acceptability

 What occurs when an employee exposes an employer's wrongdoing to outsiders?

➤ Whistleblowing

 When the Global Ethic issued by the Parliament of World Religions in

➤ Chicago

 How many children laborers aged between 5 and 17 years old globally.
➤ 215 Million

 Which one of the following is the major environmental issue?

➤ Use of resources

 What are the criteria required for a Profession?

➤ Knowledge

 Which of the following is not concerned with staffing?

➤ Publicity

 Under the Employees’ Provident Funds & Miscellaneous Provisions Act, 1952,
employees have the option to keep a part of their salary invested in
➤ EPF
 Which one of the following categories of Fundamental Rights incorporates ‘Abolition
of Untouchability’?
➤ Right to Equality

 _____________ is a document that outlines principles for doing business globally in

the areas of human rights, labor, the environment, and anticorruption
➤ The Global Compact

 Decentralization and diversity of power concentrations leads to

➤ a pluralistic society.

 According to _____ culture dependent approach to the concept of morality.

➤ Contemporary ethics

 Good ethics is a cornerstone of sustainable marketing

➤ True

 Laws protect society and prevent anarchy by regulating behavior

➤ True

 Personal ethics is the code of ethical guidelines that guide you in your personal and
professional life.
➤ True

Assignment 2

2. What were TechCorp's options when facing the ethical dilemma?

✅ Rush the product to market without addressing the safety issue.
✅ Delay the product launch to fix the safety issue.

3. What is the potential consequence of rushing the product to market without

addressing the safety issue?
✅ Legal consequences.
✅ Disappointing shareholders.
(Note: While financial losses may occur later, the immediate risk includes legal and
reputational damage.)

4. What ethical principle does delaying the product launch to fix the safety issue
uphold?
✅ Commitment to customer safety.
✅ Safety Concern.

5. What is the ethical concern with launching the product with a disclaimer?
✅ It potentially puts users at risk.
✅ It satisfies shareholders' interests.

6. Why is keeping the safety issue secret considered unethical?

✅ It knowingly exposes customers to potential harm.
✅ Violates trust.

Online_MBA - Foreign Exchange Management

1. What was established in the year 1957 by the Government of India to strengthen the export
promotion drive by covering the risk of exporting on credit?
✅ Export Credit Guarantee Corporation of India Limited (ECGC)

2. It has been decided to simplify the application process for issuance of the IEC number.
✅ Directorate General of Foreign Trade (DGFT)

3. Statement: "Promise by the Bank to make payment to seller (Beneficiary) in case of default
by buyer".
✅ Bank Guarantee

4. Defined as: "Activities concerned with Credit Analysis, Credit Terms, Financing of
Receivables, Credit Collection and Monitoring of Receivables".
✅ Receivables Management

5. Document: "Potential loss in a position over a given holding position at a given level of
certainty due to adverse movement in market variables".
✅ Value at Risk (VaR)

6. Risk that the firm might not be able to generate sufficient cash flow to meet its financial
obligations.
✅ Liquidity risk
7. Risk indicating exposure to a loss in cross-border lending caused by events in a particular
country.
✅ Country risk

8. Choice given to the option holder who has right to buy/sell a foreign currency but not an
obligation to do so.
✅ Option

9. Agreement to buy or sell an asset at a certain future time for a certain price.
✅ Forward contract

10. Instrument in writing containing an unconditional order signed by maker to a specific

person to make payment of a fixed amount.
✅ Bill of exchange

11. Rate charged only on the principal amount outstanding.

✅ Simple interest

12. Option which can be exercised only on the expiry date.

✅ European Option

13. Scheme that envisages additional benefits based on exporters’ performance.

✅ Gold Card Scheme

14. Shift in demand or supply of a commodity affecting its price.

✅ Market Risk

15. _______ means trade between countries of the world.

✅ Foreign Trade

16. All the foreign exchange transactions have to be routed through ________.
✅ Authorized Dealers

17. Law enforcement agency responsible for enforcing economic laws and fighting economic
crime in India.
✅ Directorate General of Economic Enforcement

18. Foreign exchange risk falls into one or more of three basic exposures.
✅ True

19. Exchange rates are dynamic and constantly changing.

✅ True

20. Exchange rate management is a delicate skill and affects company profitability.
✅ True
Assignments 2

2. In the context of the above case, identify one valid importance of Business
Environment:
✅ Enables a firm to identify opportunities and getting first mover advantage
✅ First entry in the market

3. Identify the feature of Business Environment which the Coca-Cola Company

managed to get in their favour:
✅ Specific
✅ General Forces
(Specific relates to direct forces like customers and competitors; General Forces like social
and cultural trends influenced Coke's positioning.)

4. Which business environment did Coca-Cola majorly tap into?

✅ Social environment
✅ Socio-Cultural environment
(They aligned their branding with social occasions and cultural events.)

5. Which of the following is not a product of Coca-Cola?

✅ Coca-Cola Avocado
✅ Coca-Cola Pineapple
(These are not official Coca-Cola variants.)

6. "The Coca-Cola Company has on occasion introduced other cola drinks under the
Coke name." Which importance of business environment is highlighted here?
✅ Enables a firm to identify opportunities and getting first mover advantage
✅ Tapping useful resources

Online_MBA - Insurance and Risk Management

1. What is the primary purpose of insurance in risk management?

✅ Provide financial protection against potential loss
2. Which of the following is a basic element of life insurance?
✅ Coverage of financial loss in case of death

3. Term insurance is an example of which type of insurance product?

✅ Pure risk coverage

4. Life insurance underwriting primarily involves:

✅ Evaluating the risk profile of the insured

5. Which of the following is NOT a channel of distribution for insurance products?

✅ Wholesale dealers

6. What is the primary objective of claims management in life insurance?

✅ To ensure prompt settlement of valid claims

7. The basic difference between life and general insurance is:

✅ Life insurance covers long-term risks, general insurance covers short-term risks

8. Which of the following is an example of a general insurance product?

✅ Health insurance

9. General insurance claims are typically related to:

✅ Damage or loss of property

10. Risk management in insurance involves:

✅ Transferring risks to an insurer

11. Which of the following is a non-insurance method of risk management?

✅ Risk avoidance

12. Reinsurance is primarily used by insurance companies to:

✅ Transfer part of their risk to another insurer

13. Government regulation of the insurance industry aims to:

✅ Protect policyholders and ensure industry stability

14. Business ethics in the insurance industry primarily focuses on:

✅ Ensuring fair and transparent practices

15. Life insurance provides financial protection to the policyholder's ________ in case of
their untimely death.
✅ Beneficiaries

16. General insurance covers the risk of loss or damage to ________.

✅ Assets
17. The process of transferring risk from one insurer to another insurer is known as
________.
✅ Reinsurance

18. Life insurance policies can only be purchased through agents.

✅ False

19. Risk avoidance is a common non-insurance method of risk management.

✅ True

20. Reinsurance helps insurance companies manage larger risks by spreading them
among multiple insurers.
✅ True

Assignments 2

2. What were the dominant hot beverages in the Indian market in the 1990s?
✅ Tea
✅ Coffee

3. Which brands dominated the bottled fruit beverage market in the 1990s?
✅ Maaza
✅ Slice

4. What were the challenges Tropicana faced when entering the Indian market?
✅ Taste mismatch with Indian consumers
✅ Higher pricing compared to competitors

5. Which brands were Tropicana’s main competitors in the premium juice market?
✅ Onjus
✅ Real

6. What strategy did Tropicana use to create awareness and acceptance in the Indian
market?
✅ Premium international imagery in advertisements
✅ Emphasizing 100% natural and pure juice