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Institute Of Management Sciences

Bahauddin Zakariya University, Multan

Course Title: Business Ethics & CSR Programme: MBA-4th Evening

Class Timings : Tues (3:05-4:05 pm) Thu & Friday(2:05-03:05 pm)

Course Instructor: Maria Faisal

Course Description

This course introduce ethical dilemmas and issues concerning various aspects of business and management, and

provides a foundation of ethical concepts and a wide range of perspectives that are relevant to resolving and

preventing such problems. It also aims to enhance insights into the planning, organizing, influencing & controllingof corporate social responsibility activities.

On completion of this course, student will be able to:

identify the moral questions that business activity specifically creates

distinguish between ethical and other types of values recognize ethical considerations and values relevant to business activity

evaluate common beliefs about ethicsespecially common beliefs about the role of ethics in business

reflect on the nature of business, realize alternatives models for conducting business

apply moral reasoning to specific situations and defend the conclusions of that reasoning

evaluate the ethics of particular business decisions and general practices in business

appreciate the role of ethics in business and social life

Understand what is CSR and how it correlates with Ethical Concepts

Course Objectives

The general goals of this course are:

To examine the role and purpose of ethics in business

To present methods of moral reasoning, case analysis, and of resolving ethical dilemmas

To present the ethical values considered especially relevant to business activityrespect for humandignity, honesty, fairness, and the development of trust.

To present the concept of Corporate Social Responsibility, and explore its relevance to ethical business

activity

To investigate the ethical obligations and ethical ideals present in the relationship between employers and

employees

To investigate whether ethics sets any boundaries on competition, marketing, sales, and advertising

To consider any moral obligations of businesses to the environment and to people in other countries

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Proposed Schedule

Lecture No. Topic Details References

Week No. 1 Business Ethics & CSR: An overview

1 Introduction to the course & requirements

Basic overview

[1] Chapter 12 Business ethics Defined, Social responsibility & Business ethics

3

Why study business ethics, difference between ethics and morality,

Framework for studying business ethics, Myths about business ethics

Week No. 2 Levels of Ethics

4 Impact of Ethical issues on stakeholders [1] Chapter 1

5 Levels of Business Ethics

6 Stages of moral development, Kohelberg study & business ethics, The

Heinz Dilemma a case study

Week No. 3 Ethical decision making & Principles

7 Moral philosophies defined, moral philosophies perspectives [1] Chapter 3

8 Chantale Leroux Vs. Avco Environmental Services: Real life Case Study

9 Theory of utilitarianism, its implications in business


10 Theory of Deontology, Kantian Ethics

[1] Chapter 311,12 Ethical Theories Copmared, Rosalind hursthouses Comparison(www.trinity.edu)


13 Virtue Ethics defined and relation to business [1] Chapter3,14 Theory of Rights,and Justice

15 How to create an Ethical Culture (www.knol.google.com) an introduction

Week No. 6 Development of an effective Ethics programme

16,17 Six steps to create an ethical workplace

18 Developing a Code of Ethics, how and why?Week No. 7 Value-based moral leadership, culture, strategy, and self regulation

19 Defining purpose, mission and values, failures of ethical leadership,ethical dimensions of leadership styles

[1] Chapter 5

20 Leading & managing strategy and structure, challenges and issues

21 Real life case study

MID-TERM EXAM

Week No. 8 Value-based moral leadership, culture, strategy, and self regulation

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22 [1] Chapter 5

23 Effective communication of ethical standards, establishing system to

monitor, audit, the influence of personal values in business ethics

24 Real life Case Study

Week No. 9 Value-based moral leadership, culture, strategy, and self regulation

25 The workforce in the Twenty-First Century, Issues & Implications ofWorkforce Changes, Generational value differences in the workplace,Moral Foundations of Employee rights

[1] Chapter 5& 6

26 The principle of balance in the Employee and employer social contract,Rights & Responsibilities between employees & employers

27 Whistle blowing versus organizational loyality, Managerial steps toprevent external whistle blowing

Week No. 10 Business Ethics and Coporate Social responsibility

28 The nature of corporate social responsibility, approaches to social

responsibility, areas of social responsibility, the social responsibility of

managers

[3] Chapter 3

29 Explain the relationship between business ethics and corporate socialresponsibility.

30 Real life case study

Week No. 11 Business Ethics and Coporate Social responsibility

31 Social responsibility activities and management functions, how societycan help business meet social obligations

[3] Chapter 3

32 CSR and different issues : environmental,political,consumer management

etc

33 Case study

Week No. 12 Ethics in the global environment

34 Globalization & the forces of change, issues with globalization [1] Chapter 7

35 Multinational enterprises as stakeholders, power of multinationalenterprises, host country perspectives

36 Multinational enterprises guidelines for managing morality

Week No. 13 Ethics in the global environment

37 Cross-cultural ethical decision making & negotiation methods [1] Chapter 7

38 Typical styles of international ethical decision making

39 Olympic Athlete drug testing: creating an anti-doping culture and faircompetition: Real life case study

Week No. 14

40

Project Presentations41

42

Week No. 15

43

Project Presentations44

45

Note: The schedule is approximate and may vary as circumstances dictate.

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Important Note: Relevant articles/research papers/ case studies will also be included during course

Recommended Books

[1] Joseph W.Weiss Business Ethics.. A stakeholers & issues managent approach, 4 th Edition.

[2] Manual G. Velasquez, business ethics.. concepts & cases, 6th Edition.

[3] David R. Hampton :Contemporary Managemnt.

Course Evaluation

Quizzes: 10% Assignments / Presentations: 10%

Mid-Term : 30% Final: 50%

General Rules and Procedures

No late comer will be allowed to attend the class.

All the assignments should be submitted within specified time, no late submission will be accepted.

Plagiarism/cheating will not be tolerated in any case.

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