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Question

Arrange the following steps to ensure that museum's collecting activities follow ICOM code of Ethics principles :

 A. Ensure transparency in decision-making and communicate with stakeholders.

 B. Uphold public trust by collecting for the benefit of society. 

C. Avoid conflict of interest, respecting legal and cultural restrictions. 

D. Maintain complete and accessible record of acquisition and disposals.

 E. Conduct periodic review and audit of collection. 

Choose the correct answer from the options given below :

The correct answer is
B, C, A, D, E

Ethical Museum Collecting Order

To align museum collecting activities with ICOM Code of Ethics principles, the steps should be arranged logically, starting with the fundamental purpose and progressing through due diligence, process, documentation, and ongoing management.

Step-by-Step Ethical Collection Process

  1. B. Uphold public trust by collecting for the benefit of society.
    This establishes the core ethical foundation for all collecting activities, emphasizing the museum's responsibility to the public.
  2. C. Avoid conflict of interest, respecting legal and cultural restrictions.
    This step ensures integrity and compliance by addressing potential conflicts and adhering to relevant laws and cultural sensitivities before acquisition.
  3. A. Ensure transparency in decision-making and communicate with stakeholders.
    Openness in the acquisition process and communication with interested parties builds trust and accountability.
  4. D. Maintain complete and accessible record of acquisition and disposals.
    Accurate and accessible documentation is crucial for provenance, management, and legal compliance regarding the collection.
  5. E. Conduct periodic review and audit of collection.
    Regular evaluation ensures the collection remains relevant, ethically managed, and properly documented throughout its lifecycle.

This sequence ensures that collecting activities are principled, transparent, legally sound, well-documented, and responsibly managed, reflecting the core tenets of museum ethics.

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Important Questions from Corporate governance and business ethics

  1. Corporations are controlled and directed by which one of the following?

  2. As per the Anglo-Saxon Model of Corporate Governance, the authority lies with the following. Arrange these in decreasing order of authority.

    A. Board of Directors

    B. Managers

    C. Shareholders

    D. Employees (Company)

    E. Trade unions

    Choose the correct  sequence from the options given below

  3. Assertion (A) : Corporate governance is an important instrument of investor protection.

    Reason (R) :  Strong corporate governance is indispensable to resilient and vibrant capital markets.

    Which one of the following options is correct?

  4. Which among the following is not a correct statement with regard to Corporate Governance in India ?

  5. List out from the given statements the important ethical principles that a business should follow:

    a) To take the necessary action for the development of the concerned industry or business.

    b) Pay taxes and discharge other obligations promptly.

    c) To ensure the best utilisation of the human resources.

    d) Refrain from secret kickbacks or pay-offs to customers, suppliers, administrators, etc.

    e) Ensure payment of fair wages and fair treatment of employees.

    Choose the correct answer from the options given below:

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