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What is the central purpose of corporate governance?
What is the central purpose of corporate governance?
The central purpose of corporate governance is to find a balance between the interests of various stakeholders within an organization, including the board of directors, managers, employees, shareholders, customers, and the government, among others.
What are the key modules covered in the course 'Ethics and Governance'?
What are the key modules covered in the course 'Ethics and Governance'?
The key modules covered in the course 'Ethics and Governance' include: Module 1 - Introduction to ethics and business ethics, Module 2 - Ethics in marketing, finance, HRM, Module 3 - Corporate governance, and Module 4 - Corporate Social responsibility.
According to Prof. Gunjan D Sidhu, what is central to a Core Curriculum in developing a student's ethical awareness, reflection, and decision-making ability?
According to Prof. Gunjan D Sidhu, what is central to a Core Curriculum in developing a student's ethical awareness, reflection, and decision-making ability?
According to Prof. Gunjan D Sidhu, developing a student's ethical awareness, reflection, and decision-making ability is central to a Core Curriculum.
Define the concept of ethics as per the text.
Define the concept of ethics as per the text.
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Who are the various stakeholders within an organization according to the text?
Who are the various stakeholders within an organization according to the text?
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Study Notes
Central Purpose of Corporate Governance
- The central purpose of corporate governance is to ensure accountability and transparency in organizational decision-making and operations.
Course Modules: Ethics and Governance
- The course 'Ethics and Governance' covers key modules on:
- Governance
- Ethical issues in business
- Corporate social responsibility
- Role of stakeholders
- Ethical decision-making frameworks
Developing Ethical Awareness
- According to Prof. Gunjan D Sidhu, a Core Curriculum should focus on developing students' ethical awareness, reflection, and decision-making ability by:
- Encouraging critical thinking
- Fostering moral sensitivity
- Developing moral judgment
- Encouraging moral motivation
Concept of Ethics
- Ethics refers to the principles, norms, and standards that guide an individual's or organization's behavior and decision-making, involving moral values and principles.
Organizational Stakeholders
- Various stakeholders within an organization include:
- Shareholders
- Employees
- Customers
- Suppliers
- Government
- Community
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Description
Test your knowledge of ethics and governance with this quiz covering topics such as business ethics, marketing, finance, HRM, corporate governance, and corporate social responsibility. Evaluate your understanding of ethical awareness and decision-making in a business context.
