This course is designed to equip students with the ethical frameworks and critical-thinking skills needed to make high-quality business decisions that promote long-term success. It provides an in-depth understanding of the ethical dilemmas, moral philosophies, and concepts of social responsibility that define modern business practice.
Prerequisites
None.
1. Critically evaluate major ethical theories and concepts, and assess their relevance and application to the business environment.
2. Differentiate between various types of ethical dilemmas, such as conflicts of interest and issues of transparency, across different business functions.
3. Use established ethical frameworks (e.g., utilitarianism, deontology) to analyze and evaluate potential solutions to ethical issues in case study scenarios.
4. Assess a company's corporate social responsibility (CSR) initiatives and their impact on stakeholders, including customers, employees, and the community.
5. Develop and apply a systematic process for making ethical decisions, considering all relevant stakeholders and potential outcomes.
6. Explain how an organization's culture and leadership affect ethical behavior and decision-making among employees.
7. Recognize potential ethical conflicts and power dynamics in business relationships and develop strategies for effective resolution.
8. Create a comprehensive ethics program for a business, including a code of conduct, training components, and an enforcement mechanism.
9. Discuss the ethical challenges posed by cultural differences and varying legal standards within a global economy.
10. Evaluate the relationship between ethical business practices and organizational performance, including reputation, profitability, and employee retention.