Unit Guide BMO2004.docx

This unit introduces learners to the concept of

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This unit introduces learners to the concept of business ethics and the application of ethical values to business behaviour. As consumers become more ethically aware, explicitly ethical behaviour has increased. The topic applies to any aspect of business conduct, from boardroom strategies to how organisations treat their suppliers, to sales techniques, to accounting practices and to how they respond to wider issues of social concern such as sustainability. Ethics go beyond the legal requirements and are, therefore, discretionary. It is about how an organisation does its business and how it behaves intrinsically. Ethical behaviour shows that an organisation considers the moral dimensions of its activities and how it ought to be acting. This unit examines business ethics and how taking an ethical stance affects businesses both internally and externally, including the effects on Business Ethics unit study guide Page | 3
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stakeholders. Learners will explore the social implications of business ethics on a wide range of business activities that affect the organisation itself and the external environment. This will include the ethical stance behind topical issues such as whistle blowing, employment practices, advertising to children, environmental awareness and using new technologies such as genetic modification of food. The unit also explores the wider impact of ethical concerns about how business practices can have local, national and global implications. The pressure of communities and groups on business operations has raised awareness of ethical concerns as varied as environmental degradation, executive greed and the use of child labour in the developing world. As people become more aware of different business activities, and as global changes continue to happen, businesses will change how they operate. Prerequisites BMO1102 - MANAGEMENT AND ORGANISATION BEHAVIOUR NB: This is a third year subject with complex concepts & third year academic literacy is expected Co-requisites None Mode of delivery On-campus face-to-face Learning outcomes At the completion of this unit, students should be able to: 1. Critically review business ethics in organisations, including basic knowledge of ethical theories as relevant to local and multinational organisations 2. Critically analyse and adapt ethical theories and frameworks to address contemporary ethical problems arising in business situations. 3. Forecast the consequences of unethical conduct and its impact on local and global communities 4. Reflect critically on current issues to business ethics and justify and apply relevant frameworks of analysis to ethical decision making balancing individual and public good. 5. Propose creative resolutions, both collaboratively and individually using business ethics theories and concepts to current issues with responsibility and professional judgement.
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