Unit 1: Foundations of Human Values - Subjective Questions

MGN253 — Human Values And Business Ethics • Practice Questions with Detailed Answers

20 questions

1

Define human values and explain their essential nature and characteristics.

2

Describe the major sources from which human values are acquired and developed.

3

Classify human values and provide suitable examples of each major category.

4

Explain the relationship between values, attitudes, and behaviour. Why may a person's behaviour sometimes conflict with stated values?

5

Distinguish between values and ethics, and explain how they are related in personal and business life.

6

Define integrity and discuss its importance for managers and business organizations.

7

What is empathy? Explain its dimensions and its role in ethical managerial decision-making.

8

Explain the concept of Loksangrah and examine its relevance to contemporary business leadership.

9

Describe the four Brahmaviharas and show how they can improve workplace relationships.

10

Compare empathy, compassion, and equanimity as managerial values.

11

Discuss the values traditionally associated with Indian managers and evaluate their relevance in modern organizations.

12

Explain the concept and process of self-exploration in human values education.

13

What are the basic human aspirations? Explain the relationship between continuous happiness and prosperity.

14

Distinguish between happiness, pleasure, and prosperity in the context of basic human aspirations.

15

Analyze how self-exploration can help a manager resolve a conflict between personal gain and organizational responsibility.

16

Explain the meaning of cultural values and discuss how values may differ across cultures.

17

Examine the impact of globalization on human values and business ethics.

18

Compare cultural relativism and universalism in business ethics. How should a multinational manager respond when local customs conflict with fundamental ethical principles?

19

Describe the steps an organization can take to translate human values into consistent ethical behaviour.

20

A multinational company can reduce costs by using a supplier that follows local law but provides unsafe working conditions and very low wages. Analyze the case using integrity, empathy, Loksangrah, and cross-cultural ethical reasoning.