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MGT610 : Business Ethics

Course Overview

Course Synopsis

Business ethics is applied ethics. It is the application of our understanding of what is good and right to that assortment of institutions, technologies transactions, activities, and pursuits that we call Business. The primary aims of the course are: What business ethics is in general? Several specific approaches to business ethics, which together furnish a basis for analyzing ethical issues in business. The morality of the market system as a whole: how is it justified and what are its strengths and weaknesses form an ethical point of view? The ethics of various market practices. There the emphasis is no longer on the ethics of the market system considered as a whole, but on the ethics of particular practices within the market system: price fixing, manipulation of supply, price discrimination, bribery, and market concentration. The two basic problems related to the natural environment: pollution and resource depletion combined with the several consumer issues, including product quality and advertising. The issue of job discrimination and the issue of conflicts between the individual and the organization.

Course Learning Outcomes

At the end of the course, you should be able to:

  • Know the ethical concepts that are relevant to resolving moral issues in business.
  • To impart the reasoning and analytical skills needed to apply ethical concepts to business decisions
  • To identify the moral issues involved in the management of specific problem areas in business
  • Understand the social technological and natural environments within which moral issues in business arise
  • To solve the actual moral dilemmas faced by businesses

Course Calendar

Theory of ethical relativism3Handouts7-8
Moral developments and Moral reasoning4Handouts9-11
Moral Reasoning5Handouts10-14
Quiz 01
Universalizability & reversibility9Handouts27-29
Egalitarians’ view10Handouts30-33
The ethics of care12Handouts36-38
Quiz 02
Morality in international contexts14Handouts42-43
Free market & planned economy15Handouts44-45
Law of nature16Handouts46-49
Free markets and utility: Adam Smith17Handouts50-51
Free market economy19Handouts55-56
Competition and the market20Handouts57-58
Mid Term Examination
Oligopolies and Public Policy24Handouts65
Forests and Biodiversity26Handouts71
Ethics and The Environment27Handouts73
The Ethics of Pollution Control29Handouts81
Quiz 03
Ethics of Care31Handouts85
The Ethics of Consumer Production and Marketing33Handouts93
Consumer and Information34Handouts98
The Contract View of Business’ Duties to Consumer35Handouts100
The Due Care Theory36Handouts104
The Social Costs View of The Manufacturer’s Duties37Handouts106
Advertising Ethics38Handouts108
Quiz 04
Advertising and Self-Regulation43Handouts125
Consumer Privacy44Handouts134
The Ethics of Job Discrimination45Handouts137
Final Term Examination
**** This is a tentetive schedule any changes will be intimated via Announcement
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