D.C.

Singhal

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Business Ethics
D.C.Singhal

IIFT October 20, 2011 1

D.C.Singhal

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Contents
1. Introduction

2. Course Objectives
3. Methodology 4. Assignments 5. Text Book 6. Evaluation 7. Course Outline About the Instructor Contact Details

D.C.Singhal

Course Information

Business Ethics
1. Introduction
To be successful in business one needs to adopt certain strategies. But not all strategies adopted in business can be regarded as ethical. When mentioned that Tatas had not expanded as much in 1960 to 1970 as some other groups had done, JRD Tata firmly replied, If we had done some of

the things that some other groups have done, we would have been twice
as big as we are today. But we didn't, and I would not have it any other way." Later,his successor, Ratan Tata in an interview with McKinsey mentioned: What I feel most proud of is that we have been able to grow without compromising any of the values or ethical standards that we consider important. 3

D.C.Singhal

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In the present world, full of allurements and inducements, it is important that the managers are informed and equipped to be morally correct and ethically firm and not just conforming to the fine print of the law. This

course will introduce the students to concepts of moral and ethical

issues in business. It will facilitate them to acquire skills to identify and apply the concepts in decision making on ethical issues and will help them to effectively confront the dilemmas encountered in corporate working.

D.C.Singhal

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2. Course Objectives
To familiarize the students with concepts of business ethics and morals To acquire the skills to apply these concepts To identify the issues of ethics and morals in various business areas and deal with them effectively.

3. Methodology
The sessions would be interactive using a combination of lectures, individual and group discussions, presentations and introspection. Various techniques would be used to make the sessions interactive such as case studies and exercises . Short video clips will be shown where available 5

D.C.Singhal

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4. Assignments
Assignments will be given from time to time. Students are expected to work on them, prepare a write-up and come ready for class discussion or

presentation. Students will be divided in groups of four to six for this

purpose. Each group will be given different topic for assignment.

5. Text Book
Business Ethics by Andrew Crane and Dirk Matten (Oxford University Press)

Other Reference Books:

(1) Business Ethics-Concepts and Cases by Manual G Velasquez
(Pearson Education) (2) Moral Issues in Business by William H. Shaw and Vincent Barry (Wadsworth, Cengage Learning) ISBN 10-0-495-60470-4 6

D.C.Singhal

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6. Evaluation:
Assignment Case Studies

Marks
20% 20%

Tests/Quizzes
End Term Examination Total

20%
40% 100%

D.C.Singhal

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7. Course Outline
(Ten Sessions, Two Hours each) Session No. and Topic 1. Introduction and Overview 2. Ethical Principals in Business 3. Ethical Issues in HRM 4. Ethical Issues in Finance

5. Ethical Issues in Marketing and Advertising

6. Ethical Issues in Environment 7. Ethics and Globalization 8. Ethical Issues in Indian Business 9. (i) Corporate Social Responsibility (ii) Corporate Governance 10. Implementing an Ethics Programme 8

D.C.Singhal

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About the Instructor

D.C.Singhal is an aluminous of IIT Kharagpur and has over 35 years of work experience at Tata Steel in senior positions in engineering and management. He has worked on several major projects at Tata Steel and has published over 30 technical papers in Indian and foreign journals. Some of the items developed by him have been patented in India and abroad (USA, UK, France, Japan etc). He has been a visiting faculty at XLRI (Jamshedpur), IIM (Lucknow), IIFT (New Delhi & Kolkata), and IMT (Ghaziabad) etc. for MBA programmes. He has also conducted Management Programmes in prime organizations such as Tata Steel, NTPC, BHEL, Tata Power, Tata Motors etc. His areas of interest include project management, business negotiations, contracts and new product development. Contact Information: Email: dinesh.singhal@rediffmail.com Tel: (L/L) 0120-260 6194 (R) (M) 0-99585 99406

D.C.Singhal

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