Organisation Management - Lesson 18 Navigating the Ethical Landscape of Businesses

This lesson In this course, learners will embark on a journey through the multifaceted domain of business ethics. The lesson starts with a definition and investigation into the meaning of ethics and philosophical value of ethics. It then moves into the discussion of the meaning, characteristics and strategies of business ethics. The lesson also explores the meaning, importance and challenges of global business ethics.

Learning Outcomes:

• Define ethics and explain its importance in the business context.
• Outline the philosophies and values that shape personal ethical standards.
• Identifying Ethical Dilemmas in Business: such as conflicts of interest, insider trading, bribery, and corporate social responsibility.
• Frameworks for Ethical Decision-Making: such as consequentialist and deontological approaches, stakeholder analysis, and the concept of corporate governance.
• The Impact of Business Ethics on Stakeholders: Discuss how ethical or unethical business practices affect different stakeholders, including employees, customers, suppliers, the community, and shareholders.
• Ethical Leadership and Organizational Culture
• Regulatory Environment and Ethics: laws and regulations governing ethical business practices, such as anti-corruption laws, consumer rights, and environmental regulations.
• Global Business Ethics: The challenges and considerations of ethics in the global business environment, including cultural differences, international laws, and global corporate citizenship.
• Strategies for integrating ethical practices, CSR initiatives criteria into business planning and operations.

These materials contain a mixture of topic information, examples, and activities/exercises for each topic in the specification for the learning outcomes. All lessons are suitable for about 1 hour of teaching time in which class exercises and homework are integrated into lessons where appropriate.

This course is suitable for candidates in Grade 5, 6 (A level and further education), university-level students, or those who wish to pursue a career in management or are interested in the issues. Whether it is beginners or professional managers, this course is designed to build on your interest and passion for management and provide essential information to explore the topic further.

We wish you all the best for the study, and should you have any further questions, please get in touch via email.