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Business Ethics and Value Clarity
Business Ethics and Value Clarity
Business Ethics and Value Clarity
Course Outline
The course focuses on the importance of business ethics in relation with the business environment. The
changing business environment of current times has increased the need for business managers to deal,
negotiate and function along with other stakeholders in society. While the shareholders’ interests are
crucial for a business, this course aims to provide the students with an understanding of stakeholders and
examine different ways in which businesses interact with them and the moral dilemmas involved therein.
The course will discuss the values based on which capitalist corporations’ function and how it might
affect the performance of ethical and moral values within business practices. In light of the discussion on
capitalist values and the moral and ethical dilemmas it creates, the course will also explore alternative
ways of organizing and building innovative enterprises centred on values that ensure the interests of
business stakeholders in a better manner.
The course would engage with modernist ethical theories, like utilitarianism, ethics of duty, and rights
and justice will be discussed to equip students with the conceptual tools required for ethical leadership
and decision-making using examples from real business situations. Today’s managers face business
situations where individual ethics may conflict with those of organizations. The course not only gives an
understanding of business ethics but also focuses on how to identify and analyze ethical dilemmas.
The assessments will remain the same in offline and online mode of delivery. The course grade will be
determined based on:
Description of Assessments:
A1 – Class Participation
Class Participation maybe captured variously in multiple sessions and formats, including guest lectures.
For e.g., writing in chat box, verbal in class, audio or video clips. Students will be marked for their quality
of arguments on various topics of discussion and raising relevant questions in class throughout the course.
Average of their top 3 marks among the various instances on which a student contributes to class
discussion will be considered to get the final marks. The participation marks in each class will be marked
on a scale of 0-10.
A2 – Midterm
A3 – Group Project
Each team will turn in a maximum 10 pages report (1 spaced, 12 point font, Times New Roman; exhibits
extra) and submit over UMS on or before the due date. This project report submissions are only in
MSWORD format. Students are not permitted to copy from websites and they will be penalized if found
copying/lifting from the website (There will be a plagiarism check). However they can quote the source
and accession at the end of the text. All word documents should be in standard report formats with
required headings to make for easy reading. They should be as per the above guidelines and on a A4
paper with 1-inch default margin. In general appendices and tables do not count towards the page limit.
Please use the tables and appendices judiciously and only where appropriate. Topics for the project will
be announced later.
CP Marks Total
Does not contribute at all 0
Provides information that is mostly accurate supported by evidence 5
Contributes to the class discussion with insightful reflections relevant to the current 10
discussion supported with evidence and shows respects and interest in viewpoints of
others
Teaching Method
The course will have a judicious mix of lectures and case discussions covering all the relevant subjects.
Here the onus of learning will be with the student and the instructor will be a facilitator. Instead of
learning ‘what to do’, the readings and cases will also be used as examples of real-world phenomenon
where a particular issue or set of issues arises and good and bad practices are seen. The key to learning
this way is to see many examples and many situations and learning inductively from the different
experiences of student managers. The core readings will constitute the minimum required reading.
Additional articles, videos and news items will be shared as the class progresses.
In addition to the textbook, there are other supporting articles for each session. These materials are
available publicly and/or in the library. The required readings in the class schedule is provided below . I
will assume that you have done those readings when you come to the class. The discussions will take the
book material as a starting point and probe deeper into the issues. If something in the material is not clear
to you, please do not hesitate to ask.
Guest Lectures
Sessions 3 Evaluating Business Ethics: Normative Ethical Theories and PLO- 1-4
and 4 Justice and Economic Distribution
Objective of By the end of this session, you will have an understanding of the
the Session role of normative ethical theory for ethical decision-making in
business, the international differences in perspectives on
normative ethical theory, applicability of Western modernist
ethical theories, i.e. utilitarianism, ethics of duty, and rights and
justice. You will also be able to appreciate the Indian concept of
Dharma on ethics. You should be able to understand and apply
alternative ethical theories, i.e. virtue ethics, feminist ethics,
discourse ethics, and postmodernism and conduct a pluralist
business ethics evaluation
Subtopics to Teleological, deontological and alternative ethical theories
be covered
Readings Chapter 3 of the textbook (TB 1)
Chapter 2 & 3 of textbook (TB 2)
Caselets from the textbooks
Case title and NA
Number
Pedagogy Lecture and case discussion
Disability Support
JGU endeavours to make all its courses accessible to students. The Disability Support Committee (DSC)
has identified conditions that could hinder a student's overall wellbeing. These include physical and
mobility-related difficulties, visual impairment, hearing impairment, mental health conditions, and
intellectual/learning difficulties, e.g., dyslexia and dyscalculia. Students with any
known disability needing academic and other support are required to register with the Disability Support
Committee (DSC) by following the procedure specified at https://jgu.edu.in/disability-support-
committee/
Students who need support may register any time during the semester up until a month before the end
semester exam begins. Those students who wish to continue receiving support from the previous
semester, must re-register within the first month of a semester. Last-minute registrations and support
might not be possible as sufficient time is required to make the arrangements for support.
The DSC maintains strict confidentiality about the identity of the student and the nature of
their disability and the same is requested from faculty members and staff as well. The DSC takes a strong
stance against in-class and out-of-class references made about a student's disability without their consent
and disrespectful comments referring to a student's disability.
All general queries are to be addressed to disabilitysupportcommittee@jgu.edu.in