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:
flfl
fi