Recently, a social media storm has erupted against hindi film industry against nepotism and favouritism. However, many private institutions are also accused of this from time to time. In this light, analyse the ethical concerns in private and business enterprises.
Approach of the Answer
- Introduction: Introduce with the basic arrangement that is already in place in organisations.
- Body: Enumerate the ethical issues related to all the stakeholders.
- Conclusion: Conclude with a way forward.
Answer
Businesses and private institutions have in place a legal code of conduct for all the stakeholders. However, most of the times such a code is more procedural with greater emphasis on dispute resolution rather than catering to cultural and moral values. This arrangement in turn leads to many ethical issues in private sector as enumerated below.
Ethical Issues of Private Sector in General
- Conflict of interest and ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
General Studies Mains Questions And Answers
- 1 Digital transformation holds immense potential for bringing about rapid socio-economic development of rural India. Discuss.
- 2 Discuss the contribution of moderates in the Indian freedom movement by describing the various methods adopted by them.
- 3 Give an account of the evolution of the relationship between the British power and the Indian princely states during the British rule, mentioning the key developments.
- 4 Describing the importance of big dams in India, throw light on the problems associated with them. Discuss the efforts made for dam safety in the country.
- 5 Urbanization is a double-edged sword for women. Discuss the challenges faced by women in cities and describe the measures to overcome them.
- 6 What is the Model Code of Conduct? Describe the importance and challenges of Model Code of Conduct.
- 7 Discuss the functions and role of the Election Commission of India. How does the Election Commission ensure free and fair elections in India?
- 8 BIMSTEC is an important organization to strengthen India's position in South-East Asia. Mention the major obstacles to the integration of BIMSTEC.
- 9 India and the US have agreed to move forward in the field of space cooperation. Discuss the limiting factors in the path of space cooperation between the two countries and suggest ways to solve them.
- 10 The Nuclear Non-Proliferation Treaty is considered important to prevent the spread of nuclear weapons; yet India is opposed to this treaty. Explain.
