Business Ethics

Paper Code: 
BSG 117
Objective: 

This course aims at helping students think about some of the important ethical implications of the day-to-day happenings and practices of Indian industry and business.

9.00
Unit I: 

Business Ethics: Definition, Meaning

Business Ethics and Stakeholders

Utilitarian, Moral Rights, and Justice models of business Ethics

Sources of Organization’s code of Ethics: Societal Ethics, Professional Ethics, Individual Ethics and values

9.00
Unit II: 

Ethical Behaviors

Ethical Dilemmas: Reasons of Unethical Behavior,

Reasons for Ethical behavior

Social Responsibility: Definition, meaning

Forms of Socially Responsible Behavior

9.00
Unit III: 

Approaches to Social responsibility: Obstructionist Approach, Defensive approach, Accommodative approach, Proactive Approach

Reasons for Social Responsibility

Social Audit

Techniques for promoting Ethics and Social Responsibility: ethical Control systems (ethics ombudsman), Developing Ethical Culture

9.00
Unit IV: 

Managing Diverse Workforce:

Diversity (meaning), Sources of diversity.

Ethical principles for managing Diversity:

Distributive justice, procedural justice

Advantages of effectively managing diversity

Reasons for unfair treatment of Diverse employees

Techniques for managing diversity effectively: increasing diversity awareness, increasing diversity skills

Sexual Harassment meaning, Forms of Sexual Harassment

Techniques for eradication of Sexual Harassment

9.00
Unit V: 

Global ethical issues: Environmental ethics, Ethics in Multinational businesses, Social and ethical issues in genetic engineering,

Ethical concerns in Marketing: Advertising, Sales Promotion, Public relations, Publicity

Essential Readings: 
  1. Jones, Gareth R. and George, Jennifer M., Contemporary Management, McGraw-Hill College, New Delhi, January 2007. 
  2. De George, Richard T., Business Ethics. Prentice Hall of India, New Delhi
  3. Sherlekar, S. A., Ethics in Management, Himalaya Publishing House, Mumbai, 2005, 5th ed.
  4. Rituparna, Raj, A Study in Business Ethics, Himalaya Publishing House, Mumbai, 2005, 5th ed.
References: 
  1. Hartman, Laura, Perspectives in Business Ethics, , Burr Ridge, IL: McGraw-Hill, 2004
  2. Weiss, Business Ethics, Thomson Learning, USA, 2004, 3rd ed.
  3. Harman, Laura P., Perspectives in Business Ethics, McGraw-Hill International
Academic Year: 
2018-2019
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