Question
Download Solution PDFThe following statements relate to value based organisations. Choose the correct code for the statements being correct or incorrect.
Statement I: People differ in their choice of values, the enforcement of one group's value on an individual is an ethical issue. Still there is a good deal of commonality in the values that businesses hold.
Statement II : Ethical codes are statements of the norms and beliefs of an organisation which are proposed, discussed and defined by the management of the firm which is then published and distributed.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Both statements I and II are correct.
- a shared set of basic principles among all employees that is alive and well. A culture that is shaped by unambiguous norms that serve as a foundation and guiding principles for activity, decision-making, and a feeling of value.
- Values are suggested, discussed, and defined by the management in a value-based organisation while taking human involvement and ethical values into account. People's perspectives on the ideals of organisations are therefore very similar, and success may be attained with ease.
Hence the correct answer is Both statements I and II are correct.
Last updated on Jun 12, 2025
-> The UGC NET June 2025 exam will be conducted from 25th to 29th June 2025.
-> The UGC-NET exam takes place for 85 subjects, to determine the eligibility for 'Junior Research Fellowship’ and ‘Assistant Professor’ posts, as well as for PhD. admissions.
-> The exam is conducted bi-annually - in June and December cycles.
-> The exam comprises two papers - Paper I and Paper II. Paper I consists of 50 questions and Paper II consists of 100 questions.
-> The candidates who are preparing for the exam can check the UGC NET Previous Year Papers and UGC NET Test Series to boost their preparations.