Institute Of Management Sciences Bahauddin Zakariya University, Multan Course Title: Business Ethics & CSR Programme: MBA-4th

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Class Timings : Tues (3:05-4:05 pm) Thu & Friday Course Instructor: Maria Faisal (2:05-03:05 pm) Course Description This course introduce ethical dilemmas and issues concerning various aspects of business and management, and provides a foundation of ethical concepts and a wide range of perspectives that are relevant to resolving and preventing such problems. It also aims to enhance insights into the planning, organizing, influencing & controlling of corporate social responsibility activities. On completion of this course, student will be able to:

identify the moral questions that business activity specifically creates distinguish between ethical and other types of values recognize ethical considerations and values relevant to business activity evaluate common beliefs about ethicsespecially common beliefs about the role of ethics in business reflect on the nature of business, realize alternatives models for conducting business apply moral reasoning to specific situations and defend the conclusions of that reasoning evaluate the ethics of particular business decisions and general practices in business appreciate the role of ethics in business and social life

Understand what is CSR and how it correlates with Ethical Concepts Course Objectives The general goals of this course are:

To examine the role and purpose of ethics in business To present methods of moral reasoning, case analysis, and of resolving ethical dilemmas To present the ethical values considered especially relevant to business activityrespect for human dignity, honesty, fairness, and the development of trust. To present the concept of Corporate Social Responsibility, and explore its relevance to ethical business activity To investigate the ethical obligations and ethical ideals present in the relationship between employers and employees To investigate whether ethics sets any boundaries on competition, marketing, sales, and advertising To consider any moral obligations of businesses to the environment and to people in other countries

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Proposed Schedule Lecture No. Topic Details Week No. 1 Business Ethics & CSR: An overview 1 Introduction to the course & requirements Basic overview 2 Business ethics Defined, Social responsibility & Business ethics Why study business ethics, difference between ethics and morality, 3 Framework for studying business ethics, Myths about business ethics Week No. 2 Levels of Ethics 4 Impact of Ethical issues on stakeholders 5 Levels of Business Ethics 6 Stages of moral development, Kohelberg study & business ethics, The Heinz Dilemma a case study Week No. 3 Ethical decision making & Principles 7 Moral philosophies defined, moral philosophies perspectives 8 Chantale Leroux Vs. Avco Environmental Services: Real life Case Study 9 Theory of utilitarianism, its implications in business Week No. 4 Ethical decision making & Principles 10 Theory of Deontology, Kantian Ethics 11,12 Ethical Theories Copmared, Rosalind hursthouses Comparison (www.trinity.edu) Week No. 5 Ethical decision making & Principles 13 Virtue Ethics defined and relation to business 14 Theory of Rights,and Justice 15 How to create an Ethical Culture (www.knol.google.com) an introduction Week No. 6 Development of an effective Ethics programme 16,17 Six steps to create an ethical workplace 18 Developing a Code of Ethics, how and why? Week No. 7 Value-based moral leadership, culture, strategy, and self regulation 19 Defining purpose, mission and values, failures of ethical leadership, ethical dimensions of leadership styles 20 Leading & managing strategy and structure, challenges and issues 21 Real life case study MID-TERM EXAM Week No. 8 Value-based moral leadership, culture, strategy, and self regulation References

[1] Chapter 1

[1] Chapter 1

[1] Chapter 3

[1] Chapter 3 [1] Chapter 3,

[1] Chapter 5

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Effective communication of ethical standards, establishing system to monitor, audit, the influence of personal values in business ethics 24 Real life Case Study Week No. 9 Value-based moral leadership, culture, strategy, and self regulation 25 The workforce in the Twenty-First Century, Issues & Implications of Workforce Changes, Generational value differences in the workplace, Moral Foundations of Employee rights 26 The principle of balance in the Employee and employer social contract, Rights & Responsibilities between employees & employers 27 Whistle blowing versus organizational loyality, Managerial steps to prevent external whistle blowing Week No. 10 Business Ethics and Coporate Social responsibility 28 The nature of corporate social responsibility, approaches to social responsibility, areas of social responsibility, the social responsibility of managers 29 Explain the relationship between business ethics and corporate social responsibility. 30 Real life case study Week No. 11 Business Ethics and Coporate Social responsibility 31 Social responsibility activities and management functions, how society can help business meet social obligations 32 CSR and different issues : environmental,political,consumer management etc 33 Case study Week No. 12 Ethics in the global environment 34 Globalization & the forces of change, issues with globalization 35 Multinational enterprises as stakeholders, power of multinational enterprises, host country perspectives 36 Multinational enterprises guidelines for managing morality Week No. 13 Ethics in the global environment 37 Cross-cultural ethical decision making & negotiation methods 38 Typical styles of international ethical decision making 39 Olympic Athlete drug testing: creating an anti-doping culture and fair competition: Real life case study Week No. 14 40 Project Presentations 41 42 Week No. 15 43 Project Presentations 44 45 Note: The schedule is approximate and may vary as circumstances dictate.

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[1] Chapter 5

[1] Chapter 5 &6

[3] Chapter 3

[3] Chapter 3

[1] Chapter 7

[1] Chapter 7

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Important Note: Relevant articles/research papers/ case studies will also be included during course Recommended Books [1] Joseph W.Weiss Business Ethics.. A stakeholers & issues managent approach, 4th Edition. [2] Manual G. Velasquez, business ethics.. concepts & cases, 6th Edition. [3] David R. Hampton :Contemporary Managemnt. Course Evaluation Quizzes: 10% Mid-Term : 30% General Rules and Procedures No late comer will be allowed to attend the class. All the assignments should be submitted within specified time, no late submission will be accepted. Plagiarism/cheating will not be tolerated in any case. Assignments / Presentations: 10% Final: 50%

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