Business Ethics SYLLABUS Spring 2010 Instructor: Office: Phone: Email: Web Page: Credit: Prerequisites: Ed Sentell MCC 420 601-925-3418 sentel1@mc.edu www.mc.edu/~Sentell 3 semester hours Senior Standing Course Description: A practical approach to business ethics. Emphasis on identifying, analyzing, and resolving ethical issues in the workplace. Rationale for Course: The application of ethical principles in a business setting is an essential and critical skill for a business manager. This is a course which gives students an overview of the fundamental concepts and principles of ethics, as well as practical approaches to recognizing and solving ethical dilemmas. The purpose of this course is to strengthen the student’s ability to anticipate, critically analyze, appropriately respond to, and provide leadership regarding ethical issues that students will confront as employees and eventually as managers of people, projects, and enterprises. In addition to an introduction to basic ethical definitions and principles, students will be presented with both hypothetical and real examples of unethical behavior and given the opportunity to resolve them. This course will help students understand how ethical issues emerge at all levels of a business organization and give students the tools to make sound ethical decision. Instructor: Most of my career (35 years) has been spent working in corporate law, where I dealt with many ethical issues in the workplace. I retired as Senior Vice President and General Counsel of Southern Farm Bureau Life in 1998. I taught part-time for 20 years. I have taught full-time at Mississippi College for the past ten years. Learning Objectives: Upon completion of this course, students should be able to: • • • • • • • Explain how corporate culture influences ethical decision making. Explain why ethics is important in business and why ethical responsibilities go beyond compliance with laws and regulations. Have a basic knowledge of the fundamental concepts and principles of business ethics. Analyze an ethical organizational culture and apply the analysis to thinking about organizations students may wish to join. Recognize and address the common ethical dilemmas occurring at all levels of a business organization. Identify their own values in making ethical decisions. Have a sense of confidence in their ability to recognize, analyze and resolve ethical dilemmas. Text: Managing Business Ethics: Straight Talk about How to Do it Right, Trevino and Nelson, 4th Edition, John Wiley Publishing Company. Student Responsibilities: Come to class prepared. That is, read the assigned material. During class each student is expected to be prepared to discuss assigned material if called upon to do so. Complete assignments, quizzes, and homework ON TIME. LATE ASSIGNMENTS WILL NOT BE ACCEPTED. IT IS YOUR RESPONSIBILITY TO FIND OUT ABOUT ANY ASSIGNMENTS MISSED BECAUSE OF AN ABSENCE AND TO TURN THEM IN ON TIME. Take all tests and quizzes on time. If you are having difficulties with material, come to see me as early as possible during the semester. I am available to you for any questions and for help. See Rules of Class which are attached to this syllabus. Grading Scale: 100-90 89-80 79-70 69-64 63- A B C D F Honesty and Integrity: MC students bring the very highest ethical standards into the classroom. If you have any questions regarding those standards, you may refer to the Mississippi College Undergraduate Bulletin for specific prohibited practices and the resulting punishments. Please also feel free to raise ethical questions of student or faculty behavior in the classroom, or I will gladly speak to you on a confidential basis. Attendance: Do NOT miss class. Each student should make every effort to attend class and BE ON TIME. Good class attendance will help you in a situation where you are borderline between grades. For example, if you have an 89 average and you have perfect attendance, then I will give you an A for the course since you have had good attendance. On the other hand, if you have an 89 average and poor attendance, then I will give the grade as it is and give you a B. If a student is absent, he/she is responsible for missed assignments. You are encouraged to attend every class because missing classes usually results in less understanding of the course material covered. Methods of Instruction: Primarily lecture with discussion. Tests: There will be one major test in this course which will count as 1/3 of the final grade. The tests will have true/false short answer, discussion, cases, multiple choice, and definitions. Most of the test questions will come out of the material we cover in class. It is important that you attend class and review material in the textbook PRIOR to class. Make-up Test Policy: Make-up tests are given only with a valid excuse. These make-up tests, if justified, will be given toward the end of the semester. Assignments: The remainder of your grade is based on two outside assignments. Each will count as 1/3 of the final grade. Assignment 1: This assignment requires you to develop an individual case study in ethics drawing on your personal work experience. Assignment 2: Students will choose between two live case assignments for the second outside assignment. Both include independent research, a report (a minimum of 5 pages, not including references), and a 10 minute presentation. Option 1. This live case assignment requires you to select a company in your industry that interests you. After selecting a company, you will conduct independent research to write a report and prepare a presentation. This option is preferred. Option 2. This live case assignment requires you to choose from a list of companies who are viewed by the press, public or courts to have undertaken unethical or illegal activities. After selecting a company, you will conduct independent research to write a report and prepare a presentation. The following chapters will be covered. Chapter 1: Introducing Straight Talk about Managing Business Ethics Chapter 2: Why be Ethical? Chapter 3: Common Ethical Problems Chapter 6: Ethical Problems of Managers Chapter 7: Managing for Ethical Conduct Chapter 8: Ethical Problems in Organization [case studies] Chapter 9: Ethics as Organizational Culture – How to Set the Tone. This chapter discusses codes of conduct. This chapter also discusses an “ethical culture audit.” Chapter 10: Managing Ethics and Legal Compliance