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1-1Copyright © Houghton Mifflin Company Business Ethics Business Ethics: Ethical Decision Making and Cases 4 th Edition Ferrell, Fraedrich, Ferrell Presented by: Yousef Y. Alyazji (MBA)
1-2 Copyright © Houghton Mifflin Company1-2 Course Description
1-3Copyright © Houghton Mifflin Company Business Ethics... Introduction Business ethics is one of the most important concerns in the world of business. It deals with questions about whether specific business practices are acceptable. For example: should a salesperson omit facts about a product’s poor safety record in a sales presentation to a client? The field of business ethics is controversial, and there is no universally accepted approach for resolving its questions.
1-4Copyright © Houghton Mifflin Company Philosophy of the course: Philosophy of the course is based on that: I.Business ethics requires support and leadership from top management, purposeful actions that include planning and implementation of standards of appropriate conduct, as well as openness and continuous effort to improve the organization’s ethical performance.
1-5Copyright © Houghton Mifflin Company Philosophy of the course (Cont.): II.-Although personal values are important in ethical decision making, they are only one of the components that guide the decisions, actions, and policies of organizations. -The burden of ethical behavior relates to the organization’s values and traditions, not just the individuals who make the decisions and carry them out. III.What constitutes an ethical issue is often difficult.
1-6Copyright © Houghton Mifflin Company Purpose of this course: The purpose of this course is to help students : improve their ability to make ethical decisions in business by providing them with a framework that they can use to identify, analyze, and control ethical issues in business decision making. understand how to cope with conflicts between their personal values and those of the organization.
1-7Copyright © Houghton Mifflin Company Purpose of this course: (Cont) This course: - don’t moralize by indicating what to do in a specific situation. -don’t prescribe any one philosophy or process as best or most ethical. -will not make you more ethical, nor will it tell you how to judge the ethical behavior of others.
1-8Copyright © Houghton Mifflin Company Purpose of this course: (Cont) -Rather, its goal is to help understand and use your current values and convictions in making business decisions. -encourage you to think about the effects of your decisions on business and society. -help you learn to recognize and resolve ethical issues within business organization. -improve ethical decision making by identifying ethical issues and recognizing the approaches available to resolve them.
1-9Copyright © Houghton Mifflin Company Personal Morals & Ethical Business Reflects acceptable conduct based on social, cultural, political, and legal environment at a point in time. (Short- term) Business decisions involve complex managerial and social considerations. Reflects deeper and more continuing philosophies about life. (Long-term) Truthfulness, honesty, fairness, and openness are often assumed to be obvious and easy to apply. Business ethicsPersonal Ethics
1-10Copyright © Houghton Mifflin Company Is training for business ethics limited to some people? Some business ethical perspectives assume that ethics training is for people who have unacceptable personal development, but that is not the case. Since organizations are culturally diverse and personal values must be respected, a collective agreement on organizational ethics is as vital as other managerial divisions.
1-11Copyright © Houghton Mifflin Company SYLLABUS COURSE:...... : Business Ethics BBGD3107 DATE / TIME: Saturday 2:00 – 3:30 p.m. Tuesday 2:00 – 3:30 p.m. TEXT: Business Ethics: Ethical Decision Making and Cases (4th Edition) O.C. Ferrell, John Fraedrich, and Linda Ferrell SUPPLEMENTAL WEBSITE: http://www.e- businessethics.com INSTRUCTOR: Yousef Alyazji E-MAIL: firstname.lastname@example.org
1-12Copyright © Houghton Mifflin Company SYLLABUS...( Cont.) COURSE DESCRIPTION: Through research, case studies, and class Presentations, students will be introduced to the contemporary issues of ethics, morality and social responsibility that face the business community.
1-13Copyright © Houghton Mifflin Company SYLLABUS...( Cont.) COURSE OBJECTIVES: Students completing this course will be able to: Provide you a clear understanding of the difference between personal and business ethics in organizations. Appreciate the importance of ethics in attaining business success. Better recognize common business ethics issues Understand the organizational mechanisms to support ethical decision-making. Allow you to evaluate the implications of the legal pressure for ethical behavior in organizations.
1-14Copyright © Houghton Mifflin Company SYLLABUS...( Cont.) Be aware of current ethic training practices and techniques. Enhance your problem solving skills in identifying and managing ethical dilemmas within a business organization. Effectively identify and utilize key outside resources in supporting case analysis and class discussion. Gain exposure to organizational ethics experts providing a diversity of perspectives & experiences. Develop a cultural awareness and understand the role of ethics and social responsibility in business, finance, operations, planning, and strategy
1-15Copyright © Houghton Mifflin Company SYLLABUS...( Cont.) COURSE REQUIREMENTS/DEADLINES: Students are expected to 1. Attend class regularly and on time. 2. Demonstrate knowledge of all learning outcomes as determined and approved by the instructor. 3. Read all materials and do all work on time and with acceptable quality as dictated by the group and/or by the instructor. 4. Take responsibility for their own learning processes. 5. Cooperate freely with other students.
1-16Copyright © Houghton Mifflin Company SYLLABUS...( Cont.) COURSE WORK and GRADING: Midterm Exam 25% Final Exam 35% Class Presentation 20% Assignment 10% Class Participation 10%
1-17Copyright © Houghton Mifflin Company SYLLABUS...( Cont.) OTHER IMPORTANT INFORMATION: PARTICIPATION. Participation in class will be based on the instructor’s assessment of your contribution to class discussion, being prepared for class (i.e., doing the reading, preparing for assignments), being on time, not continually leaving early, and giving thoughtful feedback to others. You are expected to notify the instructor prior to class if you are going to be late or absent.
1-18Copyright © Houghton Mifflin Company SYLLABUS...( Cont.) LATE ASSIGNMENTS. No late work is accepted unless due to an absence and arranged with the instructor. WRITING REQUIREMENTS. All assignments will be typewritten utilizing 12-point Times New Roman font and one-inch margins. Research papers will be edited using APA style.
1-19Copyright © Houghton Mifflin Company SYLLABUS...( Cont.) Week 1: First Day of Class—Orientation and Introductions Week 2: Chapter 1 – An Overview of Business Ethics Week 3: Chapter 2 – Ethical Issues in Business Week 4: Chapter 3 – Applying Moral Philosophies to Business Ethics Week 5: Chapter 4 – Social Responsibility
1-20Copyright © Houghton Mifflin Company SYLLABUS...( Cont.) Week 6: Chapter 5 –Understanding Ethical Decision Making and Corporate Week 7: Midterm Week 8: Chapter 6 – Organizational Culture and Ethical Decision Making Week 9: Chapter 7 – Organizational Relationships and Conflicts in Ethical Decision Making Week 10: Chapter 8 – Development of an Effective Ethics Program Week 11: Chapter 9 – Business Ethics in a Global Economy Week 12: Chapter 10- Business Ethics and Organizational Performance Week 13: Week 14: Week 15: Final Exam Week 16: Final Exam
1-21Copyright © Houghton Mifflin Company SYLLABUS...( Cont.) Note: Class assignment schedule subject to change!
1-22Copyright © Houghton Mifflin Company Thank you..
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