Beruflich Dokumente
Kultur Dokumente
MGT 6370
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Assessments
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Final examination
30%
Mid-trimester exam
20%
Case Analysis (Group)- Presentation+Report 20%
Analysis from Islamic Perspective (Group)- Presentation+Report
20%
Ethics Reflection (Individual)
10%
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Group Presentations
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Chapter 1
ETHICS AND
BUSINESS
McGraw-Hill/Irwin
CHAPTER OBJECTIVES
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The scandals and ruin experienced since the Enron collapse were
brought about by ethical failures.
We will discuss a decision-making model that can help individuals to
understand such failures and avoid future business and personal
tragedies.
The wider Houston community was also hurt by the loss of a major
employer and community benefactor.
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While the headlines are going to all the guys who are doing it
wrong, there is a very strong corps of people who are really
committed to doing it right. Part of doing it right is you're not doing
it to get headlines. You're doing it to really make a difference in the
lives of people.
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An ethics course will not change your capacity to think, but it could
stimulate your choices of what to think about.
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WHAT IS ETHICS?
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ETHICAL VALUES
Values =
Those beliefs that incline us to act or to choose in one way
rather than another.
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DISTINGUISHING VALUES
So, how are ethical values to be distinguished from these other types
of values? What ends are served by ethics?
Ethical values are those beliefs and principles that impartially promote
human well-being.
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ETHICAL THEORIES
There are guidelines that can provide direction and criteria for
ethical or responsible decisions
philosophical ethics- utilitarian, deontological and virtue ethics
Religious ethics- e.g. Islamic ethics
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REALITY CHECK
ETHICS IN THE CORPORATE WORLD
Just over one third of U.S.-based companies said they employ a dedicated
corporate responsibility officer.
But nearly two-thirds of European and Asian companies had such a position.
And about half of companies based in Canada did.
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