Discover the factors that drive ethical business decisions.
Duration: 8 weeks
Studying how the effects of an organization’s functions’ impact the world beyond its own walls is at the core of this course. From employment policies and pricing to environmental impact and globalization, whether or not a company operates in an ethical fashion drives how a company performs and how it is perceived. Finding an economic balance while managing the relationships between stakeholders is a task that can challenge even the most experienced managers. Performance results in ethics and profits can often be at odds with each other. For instance, high profits made at the price of destroying ecology or loss of US jobs because it’s cheaper to make things overseas are real-life challenges you may need to solve.
You will consider whether corporate social responsibility promotes or inhibits success and examine the effects of government regulation on various industries. Constant advances in technology bring new challenges to an organization, ranging from pirating to privacy breaches and cybercrime. The concept of triple bottom line tasks managers to consider the financial, social and environmental performance measures of an organization while making ethical decisions that affect a company’s future.
What You Will Learn in MNGT 6401
Key to your baseline decision-making capabilities is your ability to learn the difference between making a decision based on your legal responsibility to a corporation versus what may appear to be a violation of ethics. You will analyze ethical dilemmas using four major types of reasoning: virtue ethics, utilitarian reasoning, rights reasoning and justice reasoning and how to apply them in the various environments your company functions within.
Throughout this course, you will research and write papers on topics such as pharmaceutical and product recalls, profit vs. water rights and more.
You’ll gain insight into ways businesses collaborate with governments to address globalized social and cultural issues, coming to understand the broader purpose of public policies that govern business, such as regulation and anti-trust laws. You will look at employees’ rights regarding privacy, substance abuse, honesty, and more as well as whether or not they have an ethical obligation to be “whistleblowers” in the face of an organization’s misconduct.
Throughout this course, weekly topics may include but are not limited to:
- Business in Society
- Business and Ethics
- Business in a Globalized World
- Business and Public Policy
- Business and Sustainability
- Business and Technology
- Business and its Stakeholders
- Business and its Employees
Course Learning Outcomes
Upon successful completion of MNGT 6401, you will be able to:
- Create awareness and clear understanding of the emerging business environment including the impact of globalization.
- Examine complex ethical issues experienced in today's business environment.
- Explore fundamental management and leadership principles.
- Examine methods of resolving moral dilemmas.
- Utilize critical strategic thinking necessary for effective case analysis.
- Demonstrate professional communication skills.
Request More Information Today
To learn more about the online Master of Business Administration curriculum from Benedictine University, including Leadership & Ethics in a Global Environment, call (866) 295-3104 to speak with a program manager or request more information.
Course content and outcomes may vary and are subject to change without notice.