PAF – Karachi Institute of Economics and Technology

Course: Business Ethics

Faculty: Dr.Abdul Wahab Suri
Class ID:
Examination: final (spring ) Date:

Total Marks: 50 Max. Time:

Hr.03

Instructions: 1) Students are requested to attempt paper as per the conditions of SOPs prescribed.

2) Submit your answer scripts on this email address { wsuri400exampaper@gmail.com }

3) No paper will be acceptable other than this email.

4) Upload your same answer script to your LMS also as per SOPs.

5) Download your question paper from zoom chat also for your record.

6) In the subject of your email mention class id , then student id and date of exam.

Note: Attempt all the followings.

Q1) Differentiate different structures of economy and explain which structure of economy is

closed to the principles of Islamic Economics? Also identify the limitations of these principles

with respect to the contemporary business conditions? ------------------- marks 10

Q2) Critically discuss the following case study from the Deontological perspective? Also work

out the moral implication of this case? ---------------------------------------------marks 15

Business Ethics and Environmental issues in Pakistani Law

1. BUSINESS EHTICS AND EVIRONMENTAL ISSUES AND PAKISTANI LAWS

2. INTRODUCTION Business, Ethics and the Environment explores the public policy debate
surrounding the issue of business and its role in environmental matters. A variety of questions
are addressed by the contributors, including: Are businesses obligated to protect the
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environment? Should private enterprises take an active and leading role in solving a national
problem? Should the solution be entirely a matter of public policy, involving business only to
the extent that businesses are bound by law?
3. ENVIRONMENT OF PAKISTAN The problems pertaining to environment have
continuously been swelling in Pakistan. There is a catalog of never-ending issues which are
spreading like epidemic, effecting the development and economy of the country. Failure of
economic policies and lack of planning has brought Pakistan to this brink of environmental
collapse.
4. We shall further discuss the top three environmental issues encroach on the country.
ENVIRONMENTAL ISSUES: • Pollution and its types 1. Air pollution 2. Water pollution 3. Land/
Soil pollution 4. Marine pollution 5. Noise pollution • Resource depletion
5. PAKISTAN AND ENVIRONMENTAL POLLUTION:- Some of the major problems faced by
the common citizens are: Water and sanitation problem
6. Laws regarding environmental protection • Pakistan Environmental Protection Act, 1997 •
The Pollution Charge For Industry (Calculations and Collections) Rules, 2001 •Provincial
Sustainable Development Fund (Utilization) Rules, Env2003. • Self-Monitoring and Reporting
by Industries Rules, 2001- Amended • The Punjab Wildlife (Protection, Preservation,
Conservation And Management) Act, 1974 • The Sindh Wildlife Protection Ordinance, 1972 •
Environmental Samples Rules, 2001. • Hazardous Substance rules. 2003 • Self Monitoring And
Reporting by Industry Rule, 2001 • Environmental Laborateries Certification Regulation
7. Case Study The Sindh Industrial Trading Estate (henceforth SITE) was designated as an
Industrial Area in 1963. S.I.T.E is one of the oldest and the largest industrial areas of
Pakistan. around January- February 2006, a factory in the SITE area of Karachi allegedly
dumped hazardous chemical waste in an empty plot (F620-621) within the vicinity of SITE
Town. The dumping of this waste subsequently led to several serious and minor injuries of
young boys who are residents of the surrounding areas. Over a period of three months, a
total of 20 such cases have been recorded where mainly children from the nearby areas
have been seriously injured in the hazardous waste material.
8. One child, Iftikhar, also died (28th April 2006) due to the severity of his burns, while
another has had both his legs amputated and has lost his fingers as well and rest got serious
wounds. A social worker from the community, Alam Zeb Tanoli, got in touch with a private
T.V channel ‘Geo’ and apprised them of the toxic waste and resulting accidents and death.
The Geo team promptly visited the locality and aired a news item on the issue; soon after
which almost all the print and electronic medias were carrying this news. Only after the
incident had received media publicity did the governmental agencies take notice and spring
into action. The police soon recorded statements from the affected families and formally
filed a report. Except for Iftikhar’s father who refused to take the money, cheques ranging

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 from Rs.50,000 to Rs.10,000 were disbursed amongst the affected families; this was done
with the help of SSAC.
9. Iftikhar’s father and other concerned families on the whole have been disappointed with the
reaction of the state towards their plight. Their contention is that no state agency or official
bothered to provide any help while their children were still in the hospital. It was only in
reaction to Iftikhar’s death and the publicity that the incident got in the media did they bother
to visit and offer any help. However, as yet there has been no official monetary help provided
by the state. Newspapers have carried claims made by city government and provincial
government officials that the affected families would be provided relief; the families have
neither seen nor heard anything of it so far

Q3) Read the following case study and answer the following
questions : ----------------------------------------------------- marks 15

Case Study:

The University needed to purchase a networking system. Tim pressed hard for the 3-
COM network which Tiddley endorsed and supported. C.G. made an excellent point
that Novell was the system used in the industry as a standard. When Tim learned that
Tiddley could bid Novell, he agreed and bids were let for Novell's Netware.

Three very high priced bids came back from companies C.G. had never heard of;
Tiddley bid $46,000 and BIG BYTE bid $20,000. Tim suggested that the low bid be
thrown out as low bids often are. C.G. was frustrated, claiming the hardware shouldn't
cost more than $14,000 - $15,000 at the most, proved it with ad prices, but Tiddley
got the bid, this time through Cripple Creek franchise's new salesman, Jim (J.R.'s son).

A clause in the bid required the equipment to be operational in thirty days. Three
months later the Tiddley installers contacted C.G. asking for help. C.G. found that
Tiddley would have to develop special drives. C.G. reported this to the CCVU
purchasing agent who called Tiddley Corporate Office (about the 30-day clause), they
sent out 2 reps and fired the Cripple Creek store manager on the spot. J.R. put his arm
around the store manager, escorted him to CCVU personnel office, informed the
personnel officer that Computer Services had a new employee. The personnel officer
questioned the hiring; he soon left the University. The former Cripple Creek Tiddley
franchise manager remained with the University. The system finally came on line, but
has had many problems during its operation.

Questions:

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1. Does the information presented raise questions about J.R.'s ethical philosophy?
2. If so, who should be concerned?
3. Tim was apparently between a rock and a hard place. Should he have acted
differently?
4. What has CCVU taught C.G. Farnsworth about ethics?
5. What should C.G. do?
6. What was the ethical thing for the personnel officer to do?

Q4) What is the meaning of your life? And how your moral life is being affected by the choice you

are making to make you life meaningful? Discuss with appropriate examples ----------- marks 10

Good Luck

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