UNIVERSITY OF SOUTHERN INDIANA Romain College of Business Management Department Dr. Nancy Kovanic MNGT 361 Business Environmental Factors Dr. Nancy Kovanic, Ph.D. (Business Ethics) Spring 2015 Monday/Wednesday/Friday BE3028 nkovanic@usi.edu INTRODUCTION This course builds on the introductory courses in Management and Marketing to provide students with a broader view of the business organization. The primary objectives of the course are to enhance students’ awareness of the various stakeholders of an organization and increase students’ understanding of ethics and social responsibility in organizational decision-making. “If the challenge for executives in the 1990s was to transform corporate behemoths into nimble competitors, the challenge in the coming years will be to create corporate cultures that encourage and reward integrity as much as creativity and entrepreneurship” (Business Week Special Report, “The Crisis in Corporate Governance,” May 6, 2002). How can an organization create such a culture? Note: MNGT 201: Survey of Management or MNGT 305: Management of Organizational Behavior and MKTG 201: Introduction to Marketing or MKTG 305: Principles of Marketing, are prerequisites for this course. READINGS/MATERIALS Students should obtain the following book/material: Peter Stanwick, Sarah Stanwick. Understanding Business Ethics, 2 nd Edition. Publications, Thousand Oaks, California. ISBN: 9781452256559 Sage The instructor will supply the following book free of charge: Kovanic, N., Johnson, K. Lies and Truths: Leadership Ethics in the 21st Century. (Rule of Thumb Publishing, 2005). Supplemental Readings Much of the information about trends in management that you will obtain as a manager will come from business periodicals, such as the Wall Street Journal, Business Week, and Fortune. It is important to learn how to read these sources quickly and critically. As you do so, you should keep in mind the following questions: (1) What is the “story” that the article is telling? And (2) What kind of evidence does the article use (should we believe the article’s conclusions)? All supplemental readings are intended to reinforce, elaborate upon, or provide additional examples of material contained in the text and lecture. Wall Street Journal Students are encouraged to purchase a subscription to the Wall Street Journal. Students can subscribe at www.wsj.com/student. The cost of a 15 week subscription is approximately $29.95. COURSE REQUIREMENTS, METHODS OF EVALUATION, AND RESPONSIBILITIES In addition to the required reading, there will be three exams and a number of individual and group exercises. Any assignments turned in late will receive zero points. Students are not permitted to email assignments to the professor. All assignments are due in-class or by submission through the Blackboard course site. C0NDUCT No electronic devices such as cell phones or any other devices are permitted in the classroom. Absolutely no texting during class is allowed. Laptop usage is only for class related lectures and activities. Anyone wishing to use a laptop computer is required to be seated in front rows/aisle in full view of the instructor and with prior instructor permission. Food and drinks are allowed in the classroom. Personal discussion is distracting and disrespectful and is not permitted during lectures or other times of instruction. Late to Class: It is expected that students will be on-time for class. Assignments are due at the beginning of class, which is at the designated class start time as posted in the USI Bulletin. Any student who is late for class will receive zero points for the assignment/attendance/participation. In-class activities – In order to receive full points for an in-class activity, discussion, or assignment, students must actively engage. A student who uses a laptop or cell phone during an in-class activity will automatically receive zero points. During an in-class activity, a student who is late (activity has begun) or leaves early (while the activity is being conducted) will receive zero points. Written Assignments All assignments due in-class should be typed and double spaced. The name of the student, course number, and description of the assignment should appear at the top left corner of the first page for those assignments required to be submitted in-class. Written assignments are due at the beginning of the class. Those students, who are late to class, therefore submitting an assignment after the beginning of the class, will receive zero points. There are no make-up assignments for missed classes. The instructor will not accept assignments by email. In order to receive full points for written assignments, students should write clear, detailed responses. For those questions that have a yes/no response, a simple yes/no is not acceptable. Students should write in detail, enough that the instructor has a full understanding of the answer. For example, a response of one to two sentences is inadequate and will result in a reduction of points. Students must identify the item number/letter and type each question, followed by a response. Inclement Weather/Cancelled class If USI is closed due to weather conditions, the instructor will notify students by email and/or post information on the course website. Students will be provided a make-up assignment/other, if applicable and detailed information will be posted on the Blackboard course website. In the event the instructor may need to cancel a class due to an emergency, students will be notified via email and/or information regarding the class should be posted under announcements on the Blackboard course site. Method of Evaluation Grades will be assigned as follows: A 900-1000 POINTS B+ 880-899 POINTS B 800-879 POINTS C+ 780-799 POINTS Description C D+ D F 700-779 POINTS 680-699 POINTS 600-679 POINTS LESS THAN 600 POINTS Points Introspective Personal Ethics (in-class & written assignments)…………….……. 100 Exam #1 ……………………………………………………………………………. 100 Exam #2 ……………………………………………………………………………… 100 Exam #3 ……………………………………………………………………………… 100 Attendance, Participation………………………………………………………….. 100 Assignments/Activities Quizzes………………………….…………………....…… 300 Final Exam…………………………………………………………………………… 100 -------TOTAL 1000 Tentative Outline Management 361 Session/Date Chapter/Assignments/Exams 1/12 Course Introduction/Syllabus Review 1/14 Introspective Personal Ethics: In-class Activity What is Business Ethics? Personal Values What is Business Ethics? 1/16 Spring 2015 1/19 1/21 1/23 No Class – Martin Luther King Day How Values are Formed Introspective Personal Ethics 1/26 1/26 1/30 Introspective Personal Ethics Introspective Personal Ethics Introspective Personal Ethics 2/2 2/4 2/6 Chapter 1 – Understanding Business Ethics Chapter 1 – Understanding Business Ethics Current Ethical Issues in Business 2/9 2/10 2/13 Chapter 2 – Understanding Business Ethics Chapter 2 – Understanding Business Ethics Chapter 2 Quiz online Exam information posted in Blackboard 2/16 2/18 2/20 Exam Review Exam #1 Chapter 3 – Stakeholders & Corporate Social Responsibility 2/23 2/25 2/27 Chapter 4 – Ethics & Financial Reporting Chapter 4 – Ethics & Financial Reporting Current Ethical Issues in Business 3/2 3/4 3/6 Chapter 4 Online Activity Chapter 5 – Ethical Leadership & Corporate Governance 3/9 3/11 3/13 No class – Spring Break No class – Spring Break No class – Spring Break 3/16 Chapter 5 – Ethical Leadership & Corporate Governance 3/18 3/20 Current Ethical Issues in Business Chapter 5 – Ethical Leadership & Corporate Governance & Exam Review #2 Chapters 3, 4, & 5 3/23 3/25 3/27 Exam #2 Chapters 3, 4, & 5 Understanding Business Ethics Current Ethical Issues in Business Chapter 6 – Strategic Planning 3/30 4/1 4/3 Chapter 6 – Corporate Culture/Compliance Current Ethical Issues in Business No class – University Closed 4/6 4/8 4/10 Chapter 7 Chapter 7 Current Ethical Issues in Business + Exam Review 4/13 4/15 4/17 Exam #3 Chapters 6 & 7 Understanding Business Ethics Chapter 8 Current Ethical Issues in Business 4/20 4/22 4/24 Current Ethical Issues in Business Chapter 9 Chapter 9 4/27 4/29 4/30-5/6 Chapter 9 and Final Exam Review No Class – Study Day FINAL EXAM – According to USI schedule