Total Questions : 1
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Case Studies
As the Managing Director of ABC Pharma, renowned for its commitment to ethical business practices and groundbreaking solutions, You find yourself grappling with a significant financial crisis that threatens the very existence of ABC company. Despite its long-standing reputation for integrity and innovation, ABC Pharma is on the verge of collapsing.
Amidst this dire situation, an unexpected opportunity arises. XYZ Company has approached ABC with a lucrative business proposal. The XYZ company has a history of involvement in illicit activities such as the unlawful production of narcotic drugs and engaging in black market operations,
The acceptance of XYZ's offer has the potential to inject much-needed financial stability into ABC Pharma and pave the way for expansive growth opportunities in the market. Rejecting the offer may lead to the demise of ABC Pharma.
As the Managing Director, you’re caught between saving your company and upholding ethical values.
(a) What are the ethical dilemmas being faced by you as Managing Director?
(b) Identify the options available to you as MD of ABC company in attending to this situation.
GS Paper 4 Theoretical Questions
