BUSINESS ETHICS
PGDBM -I (2013 - 2015) TERM-III
(16 December, 2013 -29 March, 2014)
Faculty: Dr.B.P.Patra, XIM, Bhubaneswar, E-mail:bibhu@ximb.ac.in
Mob: 9438303194; Phone: 0674-6647835(O)/6647869(R)
SESSION PLAN |
SessionsTopic/ActivityProject Milestones |
Adam Smith to Milton Friedman (Why Friedman was rejected?) Reading: Ethics and Conduct of Business-Chapter.-1PROJECT-RELATED GUIDELINES (Collect list of suggested topics.) |
Sessionion-2 The Myth of Amoral Business Are profits and ethics truly related? Surviving and Thriving in Business. [Video-The Eagle’s Secret, by: David McNeil] Quiz related to the video |
Session-3 (Student participation through case presentation Business ethics in practice Some affirmative cases: Case discussion by students (Groups 1,2 & 3) 1. Johnson & Johnson and the Tylenol Affair, 2. Malden Mills and 3.Infosys Technologies |
Session-4 (Student participation through case presentationBusiness ethics in practice Some vicious cases: Case discussion by students (Groups 4,5 & 6) 1. The rise and fall of Arthur Andersen, 2. Enron and 3. Satyam Computer (negative cases) |
Session-5&6 [Lecture] Nature and scope of ethics., understanding moral conduct concepts e.g. Fact and Value, Moral and Non-Moral Value Judgment, Morality and Law Milestone-1 (Project abstract submission) |
Moral Development (Lawrence Kohlberg) |
Understanding Ethical issues, dilemmas: Reading (prior to class): Difficulty of being Good by: Gurucharan Das Video (in class): The Mahabharata–(From Bharat Ek Khoj Discovery of India, by:Jawaharlal Nehru Ethical insight-1 and 2 (Class discussion following the video clip. It is expected that students will come prepared for meaningful discussion in the class.) |
Session-7 (Lecture plus 2 case presentations by students) The Individual within the Organization Values, principles and virtues in human action: The Socratic Dictum The Man in the Glass By: Dale Wimbro Case discussion by students (Introductory Case:The Parable of the Sadhu) Case: Why Good Managers Make Bad Ethical Choices? [Three caselets and four rationalizations: Manville Corporation, Continental Illinois Bank and E.F.Hutton] (Groups 7 & 8) |
[Lecture]An overview of mainstream ethical theories and their application Practical rationality: Deontology, Immanuel Kant [ ET-1] The Principle of Utility Teleology, J.Bentham and J.S.Mill[ET-2] Ethical insight-3 & 4 |
Session-10&11 An overview of mainstream ethical theories and their application The foundation of human character :Virtue Theory, Aristotle[ET-3] Video - Character is Destiny |
Business within the market economy: Justice and the Market System Free and Perfect market, fare competition and Market regulations, Ethics in practice: Case: 1.Marketing Infant Food Formula in LDCS Case:2.ToyWars (Danner’s dilemma) (Groups 9 & 10) |
Session-12 &13 Frequent Ethical Violations in Business: Morality of bribery and extortion Business contracts, misappropriation and fraud; Conflicts of interest Case:1-2G Spectrum Scam; 2-HLL Insider Trading,3-Ford and Firestone (Groups 11 & 12)Milestone-2 (Mid-course review of projects. Deliverables: 2-page status report highlighting the work in progress) |
Session-14 Individual right and duty inside the firm: Whistle blowing Responsibility, accountability and reliability Judgments in Business (Clear conscience key to one’s moral strength), Cases: Cynthia F. Cooper(WorldCom), Satyendra Dubey and S. Manjunath, [Students could be selected randomly for presenting these cases] |
Session-15 Ethical Leadership- The firm as a community of persons: Moral character in leadership: Wisdom from leading organizations HBR Article: Level 5 of Leadership [HBR-January-2001], Insight: Parable of Leadership |
Session-16 On Trust and Cooperation: Student presentations on HBR Article Milestone-3 (Packaged deliverables before final presentation Final report (6-10 pages); Presentation material including videos in CDs. |
Session-17 CSR &Environmental Ethics: Student presentations on HBR Article |
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Sessions-20 Review and Discussion |