Students become more effective decision makers by examining the meaning and role of ethics in the business environment, and the social responsibility of business organizations. Merrill business ethics lecture honors the late paul d. Whatever is bound by the law, does not remain ethics any longer. Business ethics in the new policeperson on the block2. Business ethics please note that these notes are not comprehensive and therefore additional reading is recommended from diverse sources books ethics and mgmt by hosmer business ethics by shekher business ethics by chakrobarthy oxford publication syllabus 1. Social responsibility balance between whats right and whats profitable often no clearcut choices often shaped by the organizations ethical climate concern for ethical and societal issues. Business ethics, corporate social responsibility and. Business ethics wayne norman business ethics is a concise, but in many ways misleading, label for an interdis. Ghillyer is the former vice president of academic affairs for argosy university in tampa, florida, and is an adjunct instructor in. In an economic responsibility, business is expected to produce goods and services that are beneficial for society and. Students can download the study materials and pdf books and they can use them in their academic preparation. The course contents consist of an overview of business ethics ethical. Introduction to business ethics chapter summary and learning objectives. Social responsibilities of business and business ethics.
Apply a pragmatic and pluralistic approach to business ethics and csr. Lecture notes 15 corporate social responsibility studeersnel. Business ethics the study of business situations, activities and decisions where issues of right and wrong are addressed. Business ethics and corporate social responsibility.
Business ethics corporate social responsibility and. Aristotles lecture notes to his students on how to live the virtuous life and. Business ethics social responsibility adobe acrobat. Apr 22, 2019 iv development of social standard for business v relationship between social interest and business interest vi development of professional managerial class. Scientific management administrative principles bureaucratic organization figure 2. Being ethical is clearly not a matter of following ones feelings. The famous missionary physician and humanitarian albert schweitzer defined ethics as our concern for good behavior. Ethical theories and approaches, intellectual property rights like designs, patents, trade marks, copy rights. Lecture notes, business law and ethics course 112 studocu. There are no ethical companies, because they all break the ethical rules from time to time15. Business ethics, corporate social responsibility and corporate governance. Lately it has come into focus ever since the former prime minister atal bihari vajpayee pleaded for zero tolerance for. Merrill business ethics lecture university of new england.
Social responsibility strive to promote social good and prevent or mitigate social harms through research, public education, and advocacy. Business ethics and social responsibility bus 104 bmcc. Includes not only commercial business, but also government organisations, pressure groups, notforprofit organisations, charities, and others. Ethics are the principle of conduct governing an individual or a group. The business man must promise that he will not harm knowingly. Ethics relates to what is good or bad, and having to do with moral duty and obligation. Simply put, ethics involves learning what is right or wrong, and then doing the right thing but the right thing is not nearly as straightforward as conveyed in a great deal of business ethics literature. Ethical dilemmas, choices, and codes of ethics prof. Since then i have taught such courses as business ethics, communication ethics. It is the function performed not only by corporation president and the army general but also of the shop supervisors and the company commander. According to crane, business ethics is the study of business situations, activities, and decisions where issues of right and wrong are addressed. Note that workers report multiple observations of ethical misconduct.
Business ethics lecture notes man1090 surrey studocu. Lecture notes on business ethics and social responsibility. Other leading journals also date from this period, with business ethics quarterly appearing in 1991, and business ethics. Business ethics is a matter of the good guys preaching to the bad guys 24. Ghillyer is the former vice president of academic affairs for argosy university in tampa, florida, and is an adjunct instructor in all aspects of business ethics, management, and leadership. So, an ethical behaviour is the behaviour that conforms to moral standards. Download business ethics, corporate social responsibility, and governance notes for mba pdf.
Mar 17, 2017 relating business ethics and social responsibility. Une videos many of the lectures that une hosts can be viewed on our website as well as unes youtube channel. Ethics and social responsibility vtechworks virginia tech. Baumhart defines, the ethics of business is the ethics of responsibility. A business provides a good, either a good product or a good service, in exchange for something, e. Corporate social responsibility and business ethics. Corporate governance, corporate social responsibility, indian spiritual traditions, ethics in action, financial ethics, marketing ethics, ethics in human resource management indian management thought, indian management models. Business ethics on the other hand is about good and bad. The social responsibility of international business. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Social responsibility and business ethics introduction lecture by. This study views business ethics, the question of corporate social responsibility, and the. Specifically, they consider business ethics to lead to positive.
Furthermore, jones and wicks note that certain ethicists need no instrumental. Social responsibility and business ethics introduction. The comprehensive approach organisations take to meet or exceed the expectations of stakeholders beyond such measures as revenue, profit and legal obligations. Business analysis using financial statements lecture notes. Law of the land might change from time to time but ethics remain relatively constant over a fairly long period of time. This ebook was created on 6222011 and the contents originally appeared on my website, ethical realism.
Business ethics and corporate social responsibility 20 9 develop an ethics program. Corporate ethics, governance and social responsibility ethiopian. Reprinted from business horizons 34 julyaugust 1991, p. If youre looking for a free download links of business ethics. Ethical issues in capitalism and market systems, ethics and social responsibility, ethics and marketing, ethics in finance, ethics and human resource, ethics and information technology. Ethics and social responsibility is a growing and developing discipline. Incorporate the concept of business ethics and corporate social responsibility csr into business decisions. For registration please contact school of business and economics general program inquiries email. The paper addresses the concepts of business ethics and corporate social responsibility. Sustainability is part of the definition of an institution semipermanence, so financial sustainability is definitional but profit and growth are not.
Kinds of social responsibilities i economic responsibility. Corporate social responsibility lecture notes lectures. Apr 20, 2012 business ethics is superfluous it only asserts the obvious. Computer governance and corporate social responsibility chapter 3.
The course will be implemented as a combination of lectures, discussions. While emphasizing that the topic itself is hardly new, mcnulty and cheeks 1978, pp. Therefore, ethics set standards as to what is good or bad in organizational conduct and decision making sexty, 2011. Business ethics, corporate social responsibility, and. Pdf 2018s incomplete business ethics lecture notes. Social responsibility and business ethics introduction duration. Ethics are the regulations that examine moral standards of an individual or a society. Madhu bhatia, tutorials point india private limited. Business ethics is superfluous it only asserts the obvious. So, a business enterprise should do business and earn money in ways that fulfil the aspirations of the society. Deceptive marketing of credit card products citibank.
Introduction to business management lecture notes ch. Merrills lifelong vision of the role that good business practices play in the health of the community. Please note that these definitions are not being offered as official definitions. Business ethics lecture notes pdf ethics can be used to evaluate other peoples behaviour, for instance ethics. Jan 09, 2018 social responsibility and business ethics introduction lecture by. Ethics can be used to evaluate other peoples behaviour, for instance ethics. In 2010 it published seven volumes volumes 91 to 97 and 39 separate issues, each containing several articles. Business ethics refers to the conduct of parties in business. Business ethics and social responsibility are the same thing4.
Business ethics can be termed as a study of proper business policies and practices regarding potentially controversial issues, such as corporate governance, insider trading, bribery, discrimination, corporate social responsibility, and fiduciary responsibilities. Note that many people react that business ethics, with its continuing attention to doing the right thing, only asserts the obvious be good, dont lie, etc. Corporate social responsibility corporate social responsibility csr is the process by which businesses negotiate their role in society. Bring out the need for social responsibility of a business enterprise. Short notes social responsibilities of business and. Unitii ethical corporate behaviour, its development, ethical leadership. For many of us, these principles of the obvious can go right out the door during times of stress. Business ethics, corporate social responsibility, and governance notes for mba pdf. Justify the importance of ethics and csr to business and corporate organizations. It is useful at this stage to note that business is driven by values.
Ethics principles and standards in which you follow your principles and morals a. Evaluate how decisions are actually made in business ethics. Ethics are codes of values and principles that govern the action of a person, or a group of people regarding what is right versus what is wrong levine, 2011. Ethics, sustainability, and stakeholder management, 9th. Unitiii ethical decisionmaking, ethical dilemmas in organization, social responsibility. Ethics are what you have learnt from the society as right or wrong behaviour. Ethics and social responsibility, ethics and marketing, ethics in finance, ethics and human resource, ethics and information technology. Justice and business the business system ethics in the marketplace. Shaw has another business ethics book that was recently updated as well moral issues in business eleventh edition, 2009. Business ethics and corporate governance uniti ethics and business ethics, concepts values and ethics. Is there a difference between business ethics and social responsibility.
Business ethics apply to moral rights and wrongs, as they apply to business institutions and organizations. In essence, the key aim of this study is to identify the. Selected books find these books in our hard copy collections some are also available as ebooks. Ethics in marketing and consumers protection chapter 6. Business ethics the standards of conduct and moral values governing actions and decisions in the work environment. Business ethics, corporate social responsibility and corporate. Business ethics corporate social responsibility and governance lecture notes, study material and. From the perspectives of mba students and managers, it came out that business ethics and social responsibility are very important for organizational growth and success. Sep 04, 2011 mostly updates the book to include new statistics and studies. Instructors teaching this chapter help you pin down what exactly is meant by business ethics by first providing you. Theories that describe the right way to make a decision. Corporate social responsibility introduction the debate about corporate social responsibility csr began in the early 20th century, as concerns about large corporations and their power came to the fore. Business leaders and organizations can examine how their decisions relate to social responsibility, which is a general concept that can include social as well as cultural, economic and environmental issues. Unitiii ethical decisionmaking, ethical dilemmas in organization, social responsibility of business and corporate governance.
Business ethics lecture notes 1 business ethics lecture. Doing business ethically by harvard business school. Business ethics and social responsibility grace college. You can easily adapt the mba lecture notes, study materials, and books to take full advantage of the complete. Doc business ethics lecture notes samuel addo ohene. Characteristics of an entrepreneur, entrepreneurial traits, entrepreneurial decision process, role of entrepreneurship in economic development, ethics and social responsibility of entrepreneur, creating and starting the venture, scope and value of the business plan.
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