Explain do you agree or disagree with Professor Prem Sikka statement that ‘Unchecked, corporate power will result in abuses, scandals and the destruction of the economy’.

‘Unchecked, corporate power will result in abuses, scandals and the destruction of the economy’. Professor Prem Sikka.Do you agree or disagree with this statement? Provide reasons and evidence for your answer.

http://www.bbc.co.uk/iplayer/episode/b04vs348/panorama-apples-broken-promises

Answers must refer to actual examples which support the strengths of the proposed arguments. These examples could be of specific companies, or particular incidents and episodes where businesses have behaved morally or immorally. In preparing the answer to this question students should consider examples of good and of bad business practice in relation to some (not necessarily all) of the following areas – international supply chains; employment rights and working conditions; production of harmful commodities; business impacts on particular communities; evidence of discrimination against particular groups; creation of hazardous externalities, such as pollution or other negative impact on the environment, etc.

Answers which make appropriate use of other relevant sources will be awarded additional marks. For example, answers could refer to some of the issues and examples raised by issues discussed after having seen the BBC Panorama video about Apple’s supply chain


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