JUNE 2020 MAIN EXAMINATION

TAKE HOME ASSESSMENT QUESTION & ANSWER BOOKLET

PROGRAMME ADVANCED DIPLOMA IN FINANCIAL MANAGEMENT

MODULE BUSINESS ETHICS AND CORPORATE GOVERNANCE

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INSTRUCTIONS TO CANDIDATES:
1. This is an official assessment of REGENT Business School and only bona-fide students are entitled to write the
assessment for the modules they are registered for.
2. Students are required to type in the answers in the question & answer booklet below each question.
3. No hand written submissions will be processed.
4. The completed assessment must be submitted within the stipulated timeframe.
5. Students are reminded to submit their work as their own – no group work is permitted.
6. Students are reminded to convert their completed assessment to PDF before uploading onto the student portal.
7. Candidates are required to answer ALL questions.
8. This is an open book examination.

DATE: 19 June 2020 TIME: 13h30 – 18h30

DURATION: 5 hours MARKS: 100

S Rehman K Kharsany
EXAMINER: MODERATOR:

FOR OFFICIAL USE ONLY

QUESTIONS 1 2 3 4 5 6 7 8 9 10

EXAMINER

MODERATOR

QA

This question paper consists of Three (3) typed pages excluding the cover page
QUESTION ONE [40]

Read the following case study and answer the questions that follow:

Intern Serves Social Responsibility Role at Dunkin’ Donuts

Coffee isn’t the only thing brewing at Dunkin’ Donuts.

Social responsibility initiatives are a part of the central operation that oversees more than 11,500
Dunkin’ and 7,600 Baskin Robbins restaurants spread across nearly 60 nations. And, that stirred the
interest of Ariana Scurti ’17 (CLAS) who gained experience with the parent company as an intern
this summer.

The social responsibility office at Dunkin’ Brands Group is charged with analysing how the company
best serves its customers, treats its employees and business partners, and how the company
impacts the planet and local communities.

“It’s really interesting to see how interconnected everything is,” Scurti says.

As one of 29 interns at the headquarters in Canton, Mass., Scurti researched a variety of topics—
from eggs to diversity in the workplace. In addition to the day-to-day tasks, each student was
assigned a summer project based on the needs or business goals of their department, says Kristin
Reynolds, the company’s human resources senior specialist.

Scurti’s project was to look for trends in the way data is reported across the industry, helping the
Dunkin’ Brands Group prepare for its next biannual corporate social responsibility report.

“The goal of the Dunkin’ Brands summer internship program is to create meaningful work
experience and resume building opportunities for the students,” Reynolds says. “Also, the summer
program provides leadership and mentoring experience to employees.

“We believe internship experience is very important and sets candidates apart when hiring for our
entry level opportunities.”

Scurti also benefited from the many meetings she attended. As her team discussed various
strategies and how they would be implemented, Scurti witnessed how corporate meetings are run
and was amazed to see how many people it takes to complete a project.

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Scurti’s paid internship opportunity wasn’t easy to find. With her graduation from UConn only one
year away, 21-year-old Scurti had attended several career fairs, but never felt she had any viable
options given her unique course of study. She is pursuing a double major: an individualised major in
international relations with a focus in human rights and development, and Spanish. She is also
earning a minor in economics.

In a final attempt to secure an internship, Scurti attended an information session held by the UConn
Center for Career Development and learned of a few online search engines that could help her.
Savvy searching led her to the Dunkin’ Brands Group, which is conveniently located near her
hometown of Easton, Mass. “The rest is history,” Scurti says. “It’s been a good fit.”

The internship changed how she looks at different industries. Many people view corporations as evil
and the enemy, but they really work toward sustainability, she says.

“I had no idea how much is being done in the corporate social responsibility world,” Scurti says.
“Companies like Dunkin’ Brands are making a serious commitment to be social responsible.”

She had to learn to pace herself throughout each work day, taking short breaks when possible.
That’s when the free Baskin Robbins ice cream came in handy, she says. Free coffee and donuts
were also options.

“It’s a great perk,” says Scurti, who favours the cookie dough ice cream.

(Adapted from: http://today.uconn.edu/2016/08/intern-serves-social-responsibility-role-dunkin-

donuts/)

Questions:
1.1. “The social responsibility office at Dunkin’ Brands Group is charged with analysing how the
company best serves its customers, treats its employees and business partners, and how
the company impacts the planet and local communities.”
Critically analyse the concept of social responsibility in business and comment on the extent
to which Dunkin’s Brands Group is successful in this. (20)

1.2. According to Ariana, “Many people view corporations as evil and the enemy, but they really
work toward sustainability”. Why do you think Ariana make that comment and what did she
refer to? What in your view is the relation between this observation and the sustainability
goals of a business, observed by Ariana? (10)

1.3. Explain the concept of sustainability in corporations. (10)

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QUESTION TWO [20]
2.1 Analyse the ethical theory of utilitarianism. Include examples of utilitarianism in your
answer. (10)
2.2 Distinguish between the terms Cultural Relativism and Cultural Imperialism. (10)

QUESTION THREE [20]

A code of ethics document may outline the mission and values of the business or organisation,
how professionals are supposed to approach problems, the ethical principles based on the
organisation's core values and the standards to which the professional is held.

3.1. Outline the benefits of a code of ethics. (10)

3.2. Describe the issue of bribery in global business. (10)

QUESTION FOUR [20]

4.1. Explain the notion of business and technology. (10)
4.2. Evaluate the issue of bribery in global business. (10)

END OF QUESTION PAPER