_{NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Business: Ethics, Governance & Risk
Internal Assignment Applicable for June 2020 Examination}

1. Read up on the ICICI Bank-Videocon Loan Case from credible public sources (website,
newspaper, magazines) and answer the following questions. (Kindly mention only the
facts and not speculations or rumors). You can refer to chapters 9 & 10 to understand the
scope of the questions.

Explain the TWO ethical issues or concern in the ICICI Bank case and the negative
impacts of these issues on the bank?

2. In 2015 India’s food regulator had banned Maggi Noodles (of Nestle India) after tests
showed that it contained excessive lead and for alleged mislabelling over flavor
enhancer MSG. The product returned to stores after a court lifted the restriction. Nestlé
has since then removed the claim “No added MSG.” You can refer to chapter 4 and
answer the following question.

According to you, which all internal departments worked together to overcome the
allegation and relaunch the same product in a way that would earn the trust of its key
consumers and stakeholders? What contributions were made by each of these
departments while working together for this common business objective?

3. a. As an employee, if you become a whistleblower, are you being disloyal towards your
employer? Yes or No? What is/are the ethical reason/s for becoming a whistleblower?

3. b. Explain any two reasons to showcase that study and understanding of ethics make
for a better manager, good business and happy society? (5 Marks)