C.M. 7 Business Ethics
- Definition of Philosophy, Ethics, Ethos, Culture, etc. - Structure of Ethics – The three components of Business: Economic, Legal and Ethical - Definition of Business Ethics – Importance of Business Ethics.
- Factors affecting the business ethics: Economics, Law, Environment, Technology, Development, High Finance, Human Resource, Consumers, Caste and Gender - Essence of Indian culture – Indian Vs. Western culture - Indian work ethos – Indian perspective of values for managers.
- Approaches: Teleological Approach, Deontological Approach and Utilitarian Approach- Approaches of Socrates, Plato, Aristotle, John Stuart Mill, Immanuel Kant, Jeremy Bentham, Karl Marx, etc. - Process of ethical decision-making in business – Lawrence Kohlberg’s theory on moral cognitive development – Whistle Blowing – Law Vs. Ethics – Relativism Vs. Universalism - For and against Business Ethics.
- Structure of ethics management: Ethics Committee, Ethics Officers, and the CEO –Communicating ethics: Communication Principles, Channels, Training programmes, and evaluation – Ethical Audit – Transparency International.
- Marketing Ethics – HRM Ethics – Ethics in IT – Ethics in Financial Management – Ethics in Production Management – Environmental Ethics – Gender Ethics
Text Books:
- A.C.Fernando, Business Ethics: An Indian Perspective, Pearson Education, First Edition(2009), New Delhi [for all the modules]
- John R.Boatright, Ethics and the Conduct of Business, Pearson Education, First IndianReprint(2003), New Delhi [for all the modules
References:
- Manuel G. Velasquez, Business Ethics: Concepts and Cases, Pearson Education(LPE), Fourth Impression(2008), New Delhi[for all the modules]
- S.K.Chakraborty, The Management and Ethics Omnibus, Oxford University Press, Third Impression (2003), New Delhi.
- R.C.Sekhar, Ethical Choices in Business, Response Books, A division of Sage Publication, Fifth Printing (2000), New Delhi.
- Oliver A. Johnson and Andrews Reath, Ethics, Thomson Wadsworth, Ninth Edition (2004), Belmont, USA. [for II module]
- Linda K.Trevino and Katherine A. Nelson, Managing Business Ethics, John Wiley & Sons, 1995 edition. [for III module]
- C.S.V.Murthy: Business Ethics, Text & Cases, Himalaya, Second Revised Edition 2006.