June 2023 NIMS assignment help-You are a senior executive at a large corporation that has been struggling financially due to the COVID-19 pandemic. Your boss approaches you with a proposal: if you falsify the company’s financial statements
June 2023 NIMS assignment help-You are a senior executive at a large corporation that has been struggling financially due to the COVID-19 pandemic. Your boss approaches you with a proposal: if you falsify the company’s financial statements
Business Ethics & Corporate Governance
Q1. A mid-sized company that produces consumer goods is facing issues related to unethical behavior among its employees. There have been several cases of bribery, corruption, and environmental violations. The company’s management team wants to establish and promote a sustainable ethical culture to prevent these issues from recurring and to improve the company’s reputation. “What specific strategies and actions can an organization implement using the 7S model to establish and promote a sustainable ethical culture, and how can the effectiveness of these initiatives be measured?”. (10 Marks)
Q2. Sara is a financial advisor at a reputable firm. She has a client named John who is interested in investing his money in a certain company that Sara knows has a high potential for growth. However, Sara also has personal investments in that company and stands to gain financially if John invests. How might Sara’s conflict of interest impact her ability to promote John’s well-being in accordance with the PERMA model? (10 Marks)
Q3 a) You are a senior executive at a large corporation that has been struggling financially due to the COVID-19 pandemic. Your boss approaches you with a proposal: if you falsify the company’s financial statements to make it look like they are performing better than they actually are, you will receive a significant bonus and your job will be secure. What do you do? Discuss this answer on the basis of the Ethical temptation (The business ethics trade off framework can be considered. (5 Marks)
3b) You are a marketing manager for a well-known beauty brand that is launching a new line of skincare products. You have been instructed by your boss to use before-and-after photos that are not an accurate representation of the results the product actually delivers. Additionally, your boss wants to pay social media influencers to endorse the products without disclosing that they are being paid to do so. What unfair business practices are being used in this scenario? Discuss in detail (5 Marks)
June 2023 NIMS assignment help-You are a senior executive at a large corporation that has been struggling financially due to the COVID-19 pandemic. Your boss approaches you with a proposal: if you falsify the company’s financial statements
You are a senior executive at a large corporation that has been struggling financially due to the COVID-19 pandemic. Your boss approaches you with a proposal: if you falsify the company’s financial statements