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Course Syllabus: Business Ethics


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Course Description


Business ethics is an important part of any industry. Students or managers, unfamiliar with many ethical challenges, behaviors, or regulations will find themselves struggling in business industries that include finance, accounting or human resource management, marketing and retail.

 

Today's managers must necessarily concern themselves with ethical issues, because unethical behavior creates legal risks and damage to businesses as well as employees and consumers. Business ethics have become an integral part of business education in general. A student or manager who is well-versed in ethical behavior in practices, not only in the domestic market but internationally, will find him or herself better prepared to deal with issues or situations that may arise that don't always involve easy answers or decisions.

 

Each one of us, from the individual consumer to the CEO of an international corporation, is affected in some way by business ethics during the course of his or her life. Therefore, everyone has a stake in the ramifications resulting from unethical business decisions.

 

This business ethics course offers an introduction into the concept of values, morality, as well as cultural beliefs and upbringing in all areas of business, from consumer rights to corporate social responsibility. Decisions made by shift managers or corporate presidents may affect thousands of individuals or entire communities. Consumers today expect and demand integrity, honesty, and transparency in all levels of their environment. Understanding those expectations is the key to communicating core values and behavior not only to employees, but society in general.

Course Requirements

This course will not require you to have previous experience in any particular area but you should have a high school reading level. No books will be required.

Course Outline

 

Lesson 1: Introduction to Business Ethics

a.    Definition

b.    Role in various types of business structures

Lesson 2: Why are Ethics in Business Important?

a.    Define responsibilities and obligations

b.    Structure of business ethics

Lesson 3: Ethics in the Workplace

a.    Small Business Ethics

b.    Codes of Conduct

c.    Code of Ethics

Lesson 4: Corporate Responsibility

a.    Definition

b.    Case Study

Lesson 5: Corporate Compliance

a.    Definition

b.    Responsibility

c.    Laws and Regulations

Lesson 6: Social Responsibility

  1. Business accountability
  2. Ethical Values
  3. Environment

Lesson 7: Ethics' Positive Impact on Business

  1. Employee rights
  2. Productivity
  3. Legality Issues

Lesson 8: International Business Ethics

  1. Why is it necessary?
  2. Global Competition
  3. Corporate Integrity

Lesson 9: Consumer Rights

  1. Expectations vs. Reality
  2. A Bridge between Business and Society

Lesson 10: Business Ethics and the Financial World

a.    Various examples of Insider Trading, Junk Bonds and Leveraged Buyouts

Lesson 11: Final Thoughts on Business Ethics

  1. Where would we be without it?
  2. What If's?
  3. Conclusion

Course Materials

All course material will be provided in the lessons and netlinks. There are no required materials to purchase before taking the class.

Grading Policy

Each lesson will include a lesson review quiz along with one or two assignments. Students will successfully complete this course by mastering all learning outcomes with 70% or higher overall grade.

Learning Outcomes

By successfully completing this course, students will be able to:
  • Define ethics in business and why it is important.
  • Describe what ethics means in the workplace.
  • Define corporate responsibility.
  • Define corporate compliance.
  • Describe social responsibility.
  • Describe the impact of ethics in the business.
  • Compare differences in ethics in the international communities.
  • Describe consumer rights, and
  • Demonstrate mastery of lesson content at levels of 70% or higher.
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Assessment Guide

An Introduction5
Lesson 1: Business Ethics20
Quiz for Lesson 1: Introduction to Business Ethics9
Lesson 2: Ethics in Business25
Quiz for Lesson 2: Why Are Ethics in Business Important?7
Lesson 3: Ethics in the Workplace25
Quiz for Lesson 3: Ethics in the Workplace10
Lesson 4: United States Federal Sentencing Guidelines25
Quiz for Lesson 4: Corporate Responsibility10
Lesson 5: Department of Labor and Corporate Compliance25
Quiz for Lesson 5: Corporate Compliance10
Lesson 6: Community and Ethics25
Quiz for Lesson 6: Social Responsibility10
Lesson 7: Employee Rights25
Quiz for Lesson 7: The Positive Impact of Ethics in Business10
Lesson 8: International Business Ethics20
Quiz for Lesson 8: Going International9
Lesson 9: Expectations versus Reality25
Quiz for Lesson 9: Consumer Rights7
Lesson 10: Importance of Business Ethics20
Quiz for Lesson 10: Business Ethics and the Financial World9
Lesson 11: Significance of Business ethics20
Quiz for Lesson 11: Final Thoughts on Business Ethics10
The Final Exam51
Total Points:412
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