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TRANSCRIPT
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Business Ethics
D.C.Singhal
IIFTOctober 20, 2011
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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
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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, andI 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 compromisingany of the values or ethical standards that we
consider important.
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In the present world, full ofallurements 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 toconcepts 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 helpthem to effectively confront the dilemmas encountered in corporate
working.
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2. Course Objectives
Tofamiliarizethe students with concepts of business ethics and morals
Toacquirethe skills to apply these concepts
Toidentifythe issues of ethics and morals in various business areas and
dealwith them effectively.
3. Methodology
The sessions would be interactive using a combination of lectures,
individual and group discussions, presentations and introspection.
Varioustechniques would be used to make the sessions interactive such
as case studies and exercises . Short video clips will be shown where
available
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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
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6. Evaluation: Marks
Assignment 20%Case Studies 20%
Tests/Quizzes 20%
End Term Examination 40%
Total 100%
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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
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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 organizationssuch as Tata Steel, NTPC, BHEL, Tata Power, Tata Motors etc. His areas
of interest include project management, business negotiations, contractsand new product development.
Contact Information:
Email: [email protected]: (L/L) 0120-260 6194 (R)
(M) 0-99585 99406
D.C.Singhal is an aluminous of IIT Kharagpur and has over
35 years of work experience at Tata Steel in senior positionsin engineering and management.
He has worked on several major projects at Tata Steel andhas 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).
About the Instructor
mailto:[email protected]:[email protected] -
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