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Course Specifications
Fall - 2020
http://www.gcuf.edu.pk/
COURSE SPECIFICATIONS
Basic Information
Course Title: Business Ethics and Corporate Social Responsibility
Course Code: MGT-503
Course credits/week: Theory: 03 Lab: Nil Total: 03
Pre-requisite(s): NONE
Co-requisite(s):
Program(s) on which the course is given: BBA-5thSemester
Is the course major or minor element of the program: Major: Minor:
Department offering the program: Lyallpur Business School (LBS)
Department offering the course: Division of Management
Academic year/level: 3
Revision #: 1
Last revised on (date): 28.09.2020
Course Description:
This course provides an introduction to ethics and their application in the arena of
business. It is an exploration of ideas and concepts in the areas of moral philosophy and
corporate social responsibility as they were, and continue to be, presented, refined and
contested in the academic world, and put into practice in the business world with all the
attendant criticism and cynicism. The challenges posed by ethical dilemmas in real-
world situations will be encapsulated through the use of narratives and a few case
studies. A broad perspective on ethics and morality must include the role of religion and
culture, which becomes our point of departure for discussing the Islamic ethical
philosophy and prescriptions for business.
Course Objectives are:
The objective of this ethics course are to:
Develop an in-depth understanding of the “three-pillars” of the discipline, viz.
moral philosophy, ethical issues and dilemmas, and corporate social
responsibility
Strengthen students’ ability to anticipate, critically analyze and appropriately
respond to some of the critical ethical challenges which managers confront in the
business world
Enable students to appreciate the Islamic principles of ethical conduct in business
Learning Outcomes:
Business Ethics and Corporate Social Responsibility is a concept based and discussion-
driven course with application, thus the vast majority of our classes will be focused on
concept discussion and practical implications.
Our weekly class Instructions and discussions will follow this format:
3rd-4th Week
Chapter – 2: Ethical Principles in Business Introduction: Utilitarianism: Weighing
Social Costs and Benefits; Rights and Duties (Page 57 – 114) (Business Ethics: Concepts
and Cases by Manuel G. Velasquez, 8h Edition)
10th Week
Chapter – 5: Ethics and the Environment: The Dimensions of Pollution and Resource
Depletion; The Ethics of Pollution Control; The Ethics of Conserving Depletable
Resources. (Page 207 – 245)(Business Ethics: Concepts and Cases by Manuel G.
Velasquez, 8h Edition)
11th Week
Chapter – 6: The Ethics of Consumer Production and Marketing. (Page 259-280)
(Business Ethics: Concepts and Cases by Manuel G. Velasquez, 8h Edition)
12th Week
Chapter – 7: The Ethics of Job Discrimination. (Page 303 – 329) (Business Ethics:
Concepts and Cases by Manuel G. Velasquez, 8h Edition)
13th Week
Chapter – 8: Ethics and the Employee. (Page 349 – 373) (Business Ethics: Concepts and
Cases by Manuel G. Velasquez, 8h Edition)
Ethical Principles in Understand the four widely used bases for making
3-4
Business ethical decisions in various business contexts
The Business Appreciate the arguments for and against markets and
System: free trade
5-6 Government,
Markets, and
International Trade
Grading Criteria
Letter Grade Percentage Marks
A 80 -100 EXCELLENT
B 65-79.99 GOOD
C 50-64.99 SATISFACTORY
D 40-49.99 PASS
Instructor Responsibilities:
In keeping with the format of this class, I see myself as your immediate
supervisor. In that sense, I plan to mentor each of you so that you learn how to
make the best decisions possible, to understand and apply key marketing
concepts, and to prepare you to become productive employees upon graduation.
I will do my best to help each of you grow into the best marketer you choose to
become. Thus, besides class time -- where I will often put you on the spot -- I
expect there will be many times we will communicate outside of class, and I will
do my best to help you in a timely fashion.
Student Responsibilities:
You are expected to arrive to class on time, professionally dressed, and
prepared for the day. You should be fully prepared to discuss and debate the
course material assigned for that date. You are expected to participate at all
levels and offer objective praise and criticism of your classmates’ analyses and
conclusions. This course is not for the meek or timid. You must contribute to the
greater understanding of Consumer Behavior. This course is a combination of
doing (homework), thinking, and discussing.