UNIT 1: Introduction Hours 4 Significance of moral values and ethics in conducting business. Differentiation between ‘compliance with laws and regulations’ and ‘ethical responsibilities’
UNIT 2: Concept and Indian ethos Hours 5 Concept of ethics and values in Eastern and Western cultures. Indian ethos in managing corporate business.
UNIT 3: Individual, Group and Corporate Ethics Hours 10 Individual ethical dilemmas- whistle blowing; Group ethics- group think; reinforcing behavior of group members towards ethical conduct at the workplace; Corporate ethics: Company philosophies, embedding value of ethical practices; Ethics in corporate strategy; Value clarification for future managers.
UNIT 4: Ethical Decision-making Frameworks Hours 11 Ethical decision-making frameworks: Kohleberg’s model of cognitive moral development; Trevino’s interactionist model; Ferrel and Gresham’s contingency framework; Synthesis model of ethical decision making; Resolving ethical issues by using framework of moral principles- utilitarianism, rights, distributive justice, ethics of care and virtue ethics.
UNIT 5: Ethical Practices in Business Management Hours 12 Applications in Marketing – issues in Market Research; advertising; Applications in Finance – Tax evasion, lack of transparency, preparing false financial statements; speculation and insider trading Application in HRM – issues in recruitment, selection, compensation and work-place harassment of employees. Ethical management practices in India and abroad.
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