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Ethics & Future of Business (Lecture Notes & Summary Chapters & Articles, passed with a 9)

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Passed the exam with a 9. This document was my bible during the course, took notes during the lectures, complemented these with the lecture slides. When readings were more complicated I summarized those as well in the document. All required chapters of Crane are included and all relevant articles which are not clearly explained in the lectures.

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Ethics & the Future of Business

Lecture 1: Morals & Ethics 2

Preparation Lecture 1 10

Lecture 2: Behaviors & Actions 20

Preparation Lecture 2 25

Lecture 3: Strategies & Stakeholders 32

Preparation Lecture 3 39

Lecture 4: Challenges & Solutions 40

Preparation Lecture 4 46

, Lecture 1: Morals & Ethics

Course Objectives
1. Understand, evaluate, and criticize core ethical theories and models of ethical decision-
making
2. Re ect and improve their own decision-making towards value-based and stakeholder
approaches; explain and criticize leading concepts and theories within corporate
responsibility and sustainability;
3. learn and analyze key ethics and sustainability themes within your chosen specialization;
4. re ect and apply learned concepts and theories to social and environmental issues that
organizations face.


- 60% Exam -> 4x MC, 4x De nition, 1x Open
- 40% Assignment

Structure of the Course

1) Ethics: individual level
2) Responsibility: Organization level
3) Sustainability: Society




1) Introduction to Business Ethics

Morality, ethics and ethical theory
-Morality is humans’ ability to distinguish between right and wrong.
-Ethics is the systematic study of morality.
-Ethical theories are principles and rules that determine right and wrong in different situations.
-Today we focus on normative ethics -> how we ought to behave
-“Ethics rationalizes morality, to produce ethical theory that can be applied to any situation.
-Morality -> Ethics -> Ethical Theory -> Potential solutions to ethical problems

Ethics
- An on-going discussion about morality with a very long history
- Ethics typically examines right and wrong from the perspective of a human being
(anthropocentric), instead of, nature.
- Key questions include:




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Uploaded on
September 24, 2022
Number of pages
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Written in
2022/2023
Type
Summary
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