Thursday, November 15, 2012
ENG301 Fall 2012 Assignment No. 1 Solution
MGT610 GDB Solution Fall 2012
Saturday, April 14, 2012
Mgt610 VU Current Assignment No. 1 Spring 2012 Solution
“Is it compulsion or persuasion to implement ethical
practices in business? Take a position and support
with relevant facts
Idea solution:
In organization, while working its necessary to follow the ethic’s rules and persuade
them in day to day work by employees. Compulsion in implementing ethical
practices will help business to grow. People feel responsible when they compelled to
follow the ethics and it will be good for the business as well in following :
1. Improve customers' confidence : Business ethics are needed to improve the
customers' confidence about the quality, quantity, price, etc. of the products.
The customers have more trust and confidence in the businessmen who
follow ethical rules. They feel that such businessmen will not cheat them.
2. Survival of business : Business ethics are mandatory for the survival of
business. The businessmen who do not follow it will have short-term success,
but they will fail in the long run. This is because they can cheat a consumer
only once. After that, the consumer will not buy goods from that
businessman. He will also tell others not to buy from that businessman. So
this will defame his image and provoke a negative publicity. This will result
in failure of the business. Therefore, if the businessmen do not follow ethical
rules, he will fail in the market. So, it is always better to follow appropriate
code of conduct to survive in the market.
3. Safeguarding consumers' rights : The consumer has many rights such as
right to health and safety, right to be informed, right to choose, right to be
heard, right to redress, etc. But many businessmen do not respect and
protect these rights. Business ethics are must to safeguard these rights of the
consumers.
4. Protecting employees and shareholders : Business ethics are required to
protect the interest of employees, shareholders, competitors, dealers,
suppliers, etc. It protects them from exploitation through unfair trade
practices.
5. Develops good relations : Business ethics are important to develop good and
friendly relations between business and society. This will result in a regular
supply of good quality goods and services at low prices to the society. It will
also result in profits for the businesses thereby resulting in growth of
economy.
6. Creates good image : Business ethics create a good image for the business
and businessmen. If the businessmen follow all ethical rules, then they will be
fully accepted and not criticised by the society. The society will always
support those businessmen who follow this necessary code of conduct.
7. Smooth functioning : If the business follows all the business ethics, then the
employees, shareholders, consumers, dealers and suppliers will all be happy.
So they will give full cooperation to the business. This will result in smooth
functioning of the business. So, the business will grow, expand and diversify
easily and quickly. It will have more sales and more profits.
8. Consumer movement : Business ethics are gaining importance because of the
growth of the consumer movement. Today, the consumers are aware of their
rights. Now they are more organised and hence cannot be cheated easily.
They take actions against those businessmen who indulge in bad business
practices. They boycott poor quality, harmful, high-priced and counterfeit
(duplicate) goods. Therefore, the only way to survive in business is to be
honest and fair.
9. Consumer satisfaction : Today, the consumer is the king of the market. Any
business simply cannot survive without the consumers. Therefore, the main
aim or objective of business is consumer satisfaction. If the consumer is not
satisfied, then there will be no sales and thus no profits too. Consumer will be
satisfied only if the business follows all the business ethics, and hence are
highly needed.
10. Importance of labour : Labour, i.e. employees or workers play a very crucial
role in the success of a business. Therefore, business must use business ethics
while dealing with the employees. The business must give them proper wages
and salaries and provide them with better working conditions. There must be
good relations between employer and employees. The employees must also be
given proper welfare facilities.
11. Healthy competition : The business must use business ethics while dealing
with the competitors. They must have healthy competition with the
competitors. They must not do cut-throat competition. Similarly, they must
give equal opportunities to small-scale business. They must avoid monopoly.
This is because a monopoly is harmful to the consumers.
Some more are:
• Enhanced reputations and good will
• Reduced risks and costs
• Protection from their own employees and agents
• Stronger competitive positions
• Expanded access to capital, credit, and foreign investment
• Increased profits
• Sustained long-term growth
• International respect for enterprises and emerging markets
Mgt111 GDB No. 1 solution Spring 2012
The values of freedom, respect for human rights and the principle of holding periodic and genuine elections by universal suffrage are essential elements of democracy. In turn, democracy provides the natural environment for the protection and effective realization of human rights. Background (Preamble): Issues: 1. Violation of Human Rights in Pakistan. 2. No Fair election. 3. Dictatorship. 4. Now State of emergency to save political power. 5.Ban of Media. Today the top politicians of Pakistan are busy in saving democracy. What one wonders is which democracy are they engrossed in saving. Democracy is defined as a form of government in which all citizens of the state have an equal say in the decisions that affect their daily lives. Abraham Lincoln defined democracy as ‘by the people, of the people, for the people’. Here in Pakistan whenever elections are held, the party that loses immediately starts saying that the elections were rigged. Those voted into power are generally clueless about governance and statesmanship. If the political leaders fear that the army will take over the country how do they propose to save democracy and which democracy will they have saved. Whenever there has been a military coup we have never seen the citizens taking to the streets in protest. In fact they have heaved a sigh of relief. Living in palatial residences, being nurtured into politics by military despots does not breed leaders. There are hardly any political leaders in this country who don’t have skeletons in their cupboards. And they are so scared of any establishment baring these skeletons that they stick to their well versed mantras. A democratic country generally has two major political parties in the parliament, one in power, and the other in the opposition. It’s the work of the opposition to ensure that the party in power delivers good governance and works for the welfare of the citizens. In which democracy has the term ‘friendly opposition’ been used to describe the working of the opposition? Pakistan has sunk to the bottom among the nations of the world while the politicians have been busy in ‘saving democracy’. Nobody wants to come here, let alone invest over here. Inflation has crossed all limits and the citizens for whom democracy is being saved are living from hand to mouth. There is no hope in sight, light at the end of the tunnel that the nation can see or hope to see that will alter their lives. Lives can be changed; the nation can be pulled out from its misery if we can find honest leaders. Leaders who will work relentlessly for the people; deal with a firm hand to end corruption; not get busy in amassing their own wealth. If a nation prospers and it has honest hard working leaders who put the needs of their citizens above everything else; democracy will not have to be saved. It will flourish and bloom on its own.
Another Solution
FUNDAMENTAL RIGHTS AND PRINCIPLES OF POLICIES
Constitution 1973
ANSWER:
Pakistani government and civil society have take steps towards the implementation of universal human rights over recent years. The quality and characteristics of democracy is slowly improving now. Pakistan has entered in many of key human rights treaties with other such institutions and recently accepted the UN Covenant on Civil and Political Rights and the UN Conventional against Torture.
Judiciary is more independent than before. Media become free to dispose and criticize the government matters and actions and become progressed so fast.
Human rights are an indivisible part of our foreign policy.
Pakistani Parliament become so powerful and had a first female speaker.
There is particularly high rate of violence against women but now government is taking steps for providing the fundamental rights to the women and children.
The 1973 Constitution contains
Fundamental Rights and Principles of Policies which give basic rights to citizens. Some of the articles pertaining to human dignity and respect given in constitution are as follows:-
- Security of a person,
- Safeguards as to arrest and detention
- Slavery, forced labor prohibited
- Inviolability of dignity of man: privacy of home shall be inviolable and safe.
- Freedom of movement: Every citizen have right to move freely and reside and settle at any place in Pakistan.
- Freedom of assembly: Every citizen shall have right to assemble peacefully.
- Every citizen shall have freedom of trade, business or any other profession but these must be lawful.
- Every citizen have right to freedom of speech and expression, but it must be within lawful limit.
- Every citizen has a right to freedom to announce his religion and to manage religious institution.
- No person shall be taxed for the income that he spent for his religious propagation and maintenance.
- Safeguard as to Educational Institution in Respect of Religion. The principle of secularism, as opposed to religious extremism, violence and terrorism. All citizens are equal before law and all are protected equally by law.
- Democratic pluralism and equal rights for all without discrimination on the basis of race, religion, ethnicity, gender and political belief, sex, place of birth.