CBVA021– COURSE NOTES CBVA021 MODULE 3: MACRO ETHICS HANDBOOKS: BUSINESS ETHICS (CHAPTER 2) CONTENT 1. Study objective 2. Importance of topic 3. Exam technique 4. Self-assessment questions 5. Sources 6. Class slides Page | 1 CBVA021– COURSE NOTES 1. STUDY OBJECTIVES On completion of this module, you should be able to do the following: - 2. Understand the relation between macro ethics and business conduct. Gain an insight on the moral questions that business activity specifically creates and recognise ethical considerations and values relevant to business activity. Understand the normative critique of capitalism. Understand the distinction between capitalism and statism. Understand the distinction between capitalism and statism. Recognise the key features of capitalism. Draw the link between capitalism and distributive justice. Recognise the theories of distributive justice. Acquire the knowledge or the skill of applying moral reasoning to specific situations and how to defend the conclusions of that reasoning. IMPORTANCE OF THE TOPIC To help you understand how macro-ethics affects countries. 3. EXAM TECHNIQUES The following methods should be used to improve your understanding of the topic: – Study the underlying concepts and principles from the course notes and the relevant chapter of Business Ethics. – Practice addressing the practical issues by working through the recommended case studies. You should attempt the case studies, compare your solutions to the suggested solutions and analyse why differences exist. 4. SELF-ASSESSMENT QUESTIONS 4.1 Explain/critically analyse the relation between macro ethics and business conduct. 4.2 Identify/evaluate/discuss/describe the ethical issues, ethical considerations and values that are studied on these activities. 4.3 Explain/discuss the normative critique of capitalism 4.4 Compare/distinguish capitalism to/from statism. 4.5 Discuss/explain the dynamic nature of capitalism. 4.6 Identify and explain the key features of capitalism. 4.7 Explain/describe/critically analyse the relation between capitalism and distributive justice. 4.8 Name/explain/discuss/critically analyse the theories of distributive justice and their relevance to business ethical issues. Page | 2 CBVA021– COURSE NOTES 4.9 Evaluate/discuss the selected, large-scale, socio-economic ethical issues relevant to the business world and approaches to business ethics in South Africa and internationally. 4.10 Evaluate the ethics of particular business decisions and general practices in business. 4.11 Apply the above competencies, ethical knowledge and theory with case studies. 4.12 Critically analyse case studies from the business world in relation to decision making and comparative and diversity ethics (where appropriate) and ethical theories, and to propose solutions to the ethical issues they involve. 5. SOURCES These course notes and lecture slides have been compiled from the following sources: Business Ethics (SIXTH Edition – Deon Rossouw). 6. LECTURE SLIDES [Attached] Page | 3