12 May WHY SOME THINGS SHOULD NOT BE FOR SALE, SATZ (AVAILABLE IN THE BOOKSTORE)
BUSINESS ETHICS – Undergraduate Syllabus
Department of Management & Global Business
Rutgers Business School – Newark & New Brunswick
Syllabus – Fall 2015
Note: This syllabus is subject to change
Professor Christopher Young
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Office: 1WP, Room 1022
Office hours: 12:30-1:30pm on Tuesday and Thursday in Newark, or scheduled appointment
Courses: 33:522:334
Section 01 – BRR 5101 1:40-3:00
Section 02 – BRR 5109 3:20-4:40
Section 04 – BRR 1071 6:40-9:30
Course website: http://blackboard.newark.rutgers.edu/
Phone: 347-522-0480
Email: chris.young@rutgers.edu
COURSE OVERVIEW & OBJECTIVES
Overview:
This course provides a multidisciplinary, interactive study of business ethics and social responsibility in business organizations; raises awareness of difficult ethical conflicts and dilemmas in business; and explores the application of multiple frameworks and decision-making tools. Further, the course features an overview of foundational concepts such as virtue theory, rights, justice, utilitarianism, stakeholder management and social contract theory as well as a review of relevant psychological and sociological influences in decision-making and policy-making. These concepts will be applied to business cases that depict dilemmas faced by managers working in various business roles and industries. The core concepts are applied to the international marketplace, where issues grow more complex because of factors such as religion, culture, national sovereignty, and stages of economic development, as well as the absence of authoritative political and regulatory institutions. Disciplinary perspectives include professional and applied ethics, law, and management. At the end of the course, students should possess a richer understanding of their own position on ethical issues in business and a broader sense of the available approaches to resolving such issues.
This course will provide you with core knowledge of major topics in business ethics, and will assist you in integrating these major topics with other core areas in the curriculum, and skills in writing, presentation, analysis, and advocacy. Areas of concentration in Business Ethics will be:
• Major normative approaches to ethics—deontology, utilitarianism, virtue ethics, others
• Ethics in different cultures—relativism and other responses to differences in ethics
• The relationship between business and government
• Ethics and markets
• Moral development—Haidt
• The role of the corporation—shareholder primacy, stakeholder management
• Corporate citizenship and corporate social responsibility
• The relationship of business ethics to finance, accounting, supply chain, management, marketing, information systems, and international business (around half the course will be devoted inter-subjective material)
Management often involves making value-laden judgments under conditions of uncertainty. Business Ethics is designed to develop your skills in dealing with such managerial situations. In particular, you should gain:
• Greater ability to make clear, logically sound, and factually well-supported arguments as to what should be done to resolve business issues with an ethical dimension
• Enhanced skills in identifying, articulating, refining, and deepening their own ethical perspectives and relating them to business practice
• Better knowledge of the relevant ethical approaches for dealing with business issues
• Greater strength in being able to understand the position of “the other side,” to state that position, and to appreciate its value
• Better skills in writing and presenting on issues in business that involve value-laden judgment under conditions of uncertainty
• Enhanced ability to analyze and take reasoned positions on current business topics in the news
• A better sense of the skills involved in interdisciplinary, cross-functional, and general management
• A stronger foundation for acting ethically as a manager
Course Objectives:
1. Gain knowledge of major normative approaches to business ethics and their relationship to practice.
2. Develop skills in identifying, analyzing, and resolving ethical issues in a wide variety of business domains.
3. Clarify, refine, and deepen your perspective on ethical issues in business and increase your ability to contribute constructively to the resolution of these issues.
REQUIRED READING MATERIALS
The Moral Life: An Introductory Reader in Ethics and Literature, Pojman (Available in bookstore)
Morality, Competition and the Firm, Heath (Available in the bookstore)
Why Some Things Should Not Be For Sale, Satz (Available in the bookstore)
Wall Street Values: Business Ethics and the Global Financial Crisis, Santoro (Available in the bookstore)
Harvard cases. Go To: https://cb.hbsp.harvard.edu/cbmp/access/39742375 [Register at the site, purchase the cases]
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