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Subject: Business Ethics principles and Practices

By:Daniel Albuquerque
Instructor; DR. AIJAZ KHOSO

Table of Contents
Part 1 Managers and Morals: Setting Ethical Standards
1 Ethics: Meaning, Definition, and Scope

Ethics and Morals


Evolution of Ethics
Classification of Ethics
Application
Business Ethics
Nature of Ethics as Moral Value
Law versus Ethics
Case Study: A Matter of Principle

2 Eastern and Western Ethical Thought and Business Practices

Universal Norms and Geographically Different Cultures


Suitability of Eastern Values to Western Business
Do Indian Values Hinder Business
Progressive Business Dharma
Case Study: Tipping Point of Ethics on the Glazier

3 Doctrines, Dogmas, and Business Management

Pragmatism and Ethics


Criticism of Socialism
Social Market Economy
Philosophy of Business
Case Study: Nandigram Massacre-Symbol of People's Resistance against
Acquisition of Property

4 Decision Making: Moral Reasoning and Its Application

Understanding Decision Making


Essence of Decision Making
Decision-making Process
Classification of Decision Making
Case Study: Kohlberg's Research Case

Part 2 Managers and Management Areas Application of Ethical Standards to


Business Disciplines
5 Manufacturing: Consumer, the Ultimate Stakeholder 107

Duties of the Manufacturer


Consumer Rights
Informed Consumer
Consumer Politics
Problems of Politics and Economics
Consumer Privacy
Ethical Consumption
Classification of Unethical Consumer Behaviour
Building Ethical Consumer Communities
Legal Business versus Moral Business
Case Study: The Giant Nano-Making History at Birth

6 In the Marketplace

Product Positioning and Competing


Packaging, Labelling, and Launching
Pricing and Its Consequences
Brand Management Imperatives
Business as Usual
Unusual Strategies: Integral Marketing Paradigm
Case Study: Lifebuoy-The Story of a Soap

7 On the Billboard

Advertising and Communication Decisions


Exploitative Nature of Advertising
Culture and Ad-Culture
Lessons from Nature
Serious Problems in Contemporary Advertising
Case Study: The Story of an Adman

8 Finance and Value 192


Early History of Financial Scams
Financial Accounting

Financial Standards
Responsibility of Financial Institutions
Capital Market and Its Regulator
Case Study: Satyameva Jayate-Truth Shall Prevail

Part 3 Managers and Workplaces: Managing People in the Organization


9 Workers and Morals

Rights and Duties of Employees


Personnel Policies and Procedures
Just Wages
Trade Unions
Case Study: Cool Dudes Bunking Work

10 The Workplace and the Individual

Need for Workplace Ethics


Professional versus Personal
Morality of Informed Consent
Workplace Surveillance versus Privacy
Health and Safety Hazards
Case Study: Consensual SEZ

11 The Contemporary Worker

Conflict of Interest
Whistleblowing
Abuse of Official Position
Bribe
Case Study: Dubey's Dream

12 On-the-Job Problems

Discrimination
Affirmative Action or Job Reservation
Sexual Harassment
Manners and Managers
Case Study: Vishaka

Part 4 Managers and Corporations: Corporate Citizens: Organizations in the


World

13 Corporate Governance

Corporation as a Moral Person


Corporate Governance
Corporate Governance Theories
Good Corporate Governance
Case Study: Trial of Warren Hastings

14 Institutionalization of Ethical Governance for Corporations

Emergence of Corporate Governance Code


Development of Indian Corporate Governance
Assumption of Best Practices
Failure of Corporate Governance
Case Study: Riddle of Reliance

15 Corporate Social Responsibility

Understanding
Moral Arguments for CSR
Issues in CSR
Development of Corporate Conscience as Moral Principle of CSR
Case Study: Wealth for the People

16 Corporations in the Geopolitical World

The Global Picture


Economic Justice
Failure to Provide Economic Services to Poor
Corporations as Service Organizations in a Globalized World Order
Case Study: The Shrinking Feeling

Part 5 Managers and the International Community: Challenges of the New


Age World

17 Challenges of Environment
Principles of Environmental Ethics
Environmental Challenges as Business Opportunities
Role of the Government
Multi-stakeholdership
Case Study: Goa

18 Challenges of Cyber Age


Information Technology and Its Moral Significance to Business

Data Identity and Security


Crime and Punishment
Intellectual Property Rights
Case Study: Indernet

19 Challenges of Violence

Understanding Global Business


Multinationals and Militaries
Business and Terrorism
Multinational Corporations and Multinational Responsibilities
Case Study: The Game

20 Challenges of Unsolved Problems

Food, Shelter, and Clothing Rights


Gender Rights
Human Rights
Animal Rights
Case Study: Fowl Industry
Select References
index 594

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