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Business Ethics - Week 1 Introducation
Business Ethics - Week 1 Introducation
Business Ethics - Week 1 Introducation
Business Ethics - Week 1 Introducation
Business Ethics - Week 1 Introducation
Business Ethics - Week 1 Introducation
Business Ethics - Week 1 Introducation
Business Ethics - Week 1 Introducation
Business Ethics - Week 1 Introducation
Business Ethics - Week 1 Introducation
Business Ethics - Week 1 Introducation
Business Ethics - Week 1 Introducation
Business Ethics - Week 1 Introducation
Business Ethics - Week 1 Introducation
Business Ethics - Week 1 Introducation
Business Ethics - Week 1 Introducation
Business Ethics - Week 1 Introducation
Business Ethics - Week 1 Introducation
Business Ethics - Week 1 Introducation
Business Ethics - Week 1 Introducation
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Business Ethics - Week 1 Introducation

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Intro into Business Ethics

Intro into Business Ethics

Published in: Education, Spiritual, Technology
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  • 1. www.monash.edu.au MGX5020: Business ethics in a global environment Week 1: Law, values and ethics: Business and workplace contexts
  • 2. www.monash.edu.au 2 Your Tutor (me) Nathan Eva – nathan.eva@monash.edu – 9903 4065 – Building N Level 5 Room 14 – www.slideshare.net/nathaneva
  • 3. www.monash.edu.au 3 Your Tutor (me) Nathan Eva – PhD / B.Bus (Hons) / B.A > Management / Politics / Drama – Teaching > Ethics (Masters) / Leadership (3rd) / Organisational Change (3rd) / International Management (3rd) / Managerial Communication (1st) / Intro to Management (1st) – Consulting > Politics / Non-for-Profit / Youth Sector / Music Sector
  • 4. www.monash.edu.au 4 Business ethics in a global environment • Compulsory readings each week • Guided reading activities due to Cristina in lectures • Lectures are very important for this subject • Tutorials will be an interactive discussion of the material. You will need to have a solid grasp of the material when you enter.
  • 5. www.monash.edu.au 5 Assignment 1 • Guided Reading Activities • Weeks 2-11 • Worth 20% • Need to submit at least 8 of 10 • Handed in to Cristina • Cristina is the best person to speak to about this assignment as she marks it. • Info on Moodle
  • 6. www.monash.edu.au 6 Assignment 2 • Group Assignment (groups of 4) • Research Paper with subheadings • Week 8 Monday September 16 4pm > My pigeon hole Building N Level 5 (maybe tutes, tbc) • 3,000 words • Worth 30% • You are required to explore the ethical and business dimensions of a chosen issue falling under one of the topics in the assignment guide.
  • 7. www.monash.edu.au 7 Assignment 2 • Topics are: > Ethics and business corruption > Ethics and business leadership > Ethics and human resources management > Ethics and the natural environment > Ethics, religion and business practices > Any other topic that you get approval from me about • Speak to me when you have chosen a topic
  • 8. www.monash.edu.au 8 Assignment 2 • Introduction (10%) > Very clear this is the purpose, this is why it is important, this is what the paper will cover • Background (10%) > Literature review on what happened in the case you have chosen • Explanation (20%) > Why it happened – Explain the ethical issues and concept relevant used in class • Analysis and Evaluation (30%) > Applying the theories you just spoke on to the case at hand • Personal Reflections and Implications for business practice (10%) > Recommend ethical business practices from your own experiences and those of other businesses. Be specific and practical to the case. • Conclusion (10%) > Draw recommendations from the analysis and summarise the findings • Clarity and quality of expression (10%) > English and referencing (APA)
  • 9. www.monash.edu.au 9 Assignment 2 • Peer Rating Sheet > You need to fill out a peer rating sheet for each of your group members > A score of 0 (bad) – 10 (good) on each of the different categories > In my pigeon hole on the same day with your name on the top > You only need numbers – if you wish to write something that is fine too > This is used to moderate grades
  • 10. www.monash.edu.au 10 Starting to think • You have 15 minutes. • You have to learn one new thing about every person in this classroom • How you do it is up to you • Go
  • 11. www.monash.edu.au 11 To Begin • What is ethics? • How do we know the difference between right and wrong? > Culture (Family, Teachers) > Law (Of that country) > Religion (Beliefs you have about the world) • Each of these are from other people, your personal ethics are your own, albeit shaped by others.
  • 12. www.monash.edu.au 12 Getting to Know You • 30% of your mark is group work • Let’s start with nationalities > Who you are, your course, where you studied your undergrad > What ethical dilemmas are currently being experienced in your home country – i.e. Australia – Asylum seekers, drugs in sport, Aboriginal health, Kmart’s factories, overseas labour, workplace safety (Workcover). • One nationality per group > Who you are, your course, where you studied your undergrad > What are the ethical issues in doing business between your countries
  • 13. www.monash.edu.au 13 In Groups • Discuss the relationship between > Ethics and etiquette and custom > Ethics and prudence > Ethics and law • How are they similar • How are they different • Can you give me an example where they converge? • Can you give me an example where they diverge? > Ethics is xyz whereas law is abc. When doing business in China a differentiation between ethics and law can be apparent. An example is….
  • 14. www.monash.edu.au 14 In Groups • Ethics – Moral principles of the individual usually spoken of in relation to their conduct • Etiquette/Custom – The way of acting in a particular social situation • Prudence – Caution/care in actions • Law – An action established by a Government / judicial body
  • 15. www.monash.edu.au 15 New Groups • Based on the Solomon and Hansen article pick one of the 5 arguments below. Is it a strong argument to be unethical? Why / Why not? If not give me a counter argument. 1. Unethical business goes on all the time 2. I did what I was told to 3. In business you do whatever you need to survive 4. Think business make money 5. In the long run we’re all dead
  • 16. www.monash.edu.au 16 Enron “A fish rots from the head down” • Summarise the Enron Case • As a business student, how do you feel about what happened? • Does this align to your own personal ethics? • What would have you done in that situation?
  • 17. www.monash.edu.au 17 Enron • Did the actions taken conflict with etiquette and customs? • Did the actions taken conflict with prudence • Did the actions taken conflict with law • Did the actions taken conflict with ethics • Things to think about: – The deregulation of the industry was law. Wasn’t Enron entitled to create Special Purpose Entities? – Was the intent to deceive the public the point where it became unethical? – Doesn’t Fastow have a responsibility to LJM Cayman L.P. to maximise their profits? Wasn’t he doing that? – Was Arthur Ansersen unbiased with his advice? – Was it ethical for Lay and Skilling to sell stock and at the same time encourage their employees to invest?
  • 18. www.monash.edu.au 18 Next Week • Please have down Kohlberg Moral Reasoning • Have both articles read an annotated • We will be forming the groups so be ready to go with that
  • 19. www.monash.edu.au 19 Week 1 Lecture • Overview of the assignments and the class • However – make sure you read the lecture notes as not everything was covered.
  • 20. www.monash.edu.au 20 Week 2 Lecture • Kohlberg’s theory of moral development > Pre-conventional > Conventional > Post-conventional

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