MGF5020 Tutorial 1 Week 2

www.buseco.monash.edu

MGF5020Semester 2, 2015

Business Ethics in a Global Environment


Tutorial 1

Week 2

Introduction and Overview


Our Discussion Today•Introductions•Expectations•Learning objectives of the Unit•Assessment•Case Discussions

– Made in the USA—Dumped in Brazil, Africa, Iraq– Just Drop off the Key, Lee.

•Group Allocations


• Move around and find the person with most similarities with you.

• Time: 5 minutes• Introduce them to the class.

Lets get to know each other!!!


Your Tutor: Me

Miss Kirti Mishra

• PhD: Responses of the Australian Energy sector to impacts of Climate Change

• MBus (Advanced, UQ), BSc, Grad Dip Bus Mgmt• Teaching Commitments: MGF2351, MGX3100,

MGF1010• [email protected]• http://www.slideshare.net/kirtimishra11• 9903 4654,Room N5.33

Note: All slides will be uploaded on Thursday evening.

mailto:[email protected]

http://www.slideshare.net/kirtimishra11


• Turn off our phones, laptops and tablets (we don’t need them in class).

• RESPECT• On time and prepared for tutes. This is

not a lecture. Tutes are for critical thinking and discussion!

• Take ownership• Feedback

Expectations


Content Overview

Tutorial Case Presentations• major issues in business ( corruption, non-

disclosure, consumer safety trade-offs, unfair exploitation of labour, environmental damage)

• Interactive Discussion• Active Participation• Any questions that you have!


Assessment Assessment Task 1 (20%): Group Presentations in classPart A (15%): Group presentations but individual marksPart B (5%)Questions for presentations 5% Sunday before the week of eachpresentation/tutorialAssessment Task 2 (30%): Group Research Paper

- research groups to be formed by end of tutorial time in week 2 - research paper: due FRIDAY , 25TH SEPTEMBER, 4.00 PM. (in

marked boxes in N7 WITH MY NAME ON IT)REMEMBER: HARD COPY AS WELL AS SOFT COPY MOODLE SUBMISSIONS

Examination (50%):

- 3 hours, closed book- during exam period (see Exam Timetable)


Assessment (cont’d)Assessment Task 1: GROUP PRESENTATION Presentations will be organised from week 3 to week

8.Topics covered include lectures from week 2 to week 7. 45 minutes Use secondary sources Engaging and Interactive Presentations will be marked as individual tasks. Provide me with PPTs, 1 page summary of the presentation

and list of references. One question related to presentations’ topics must be

submitted per student on Moodle by the end of Sunday each week.


Assessment (cont’d)

Assessment Task 2 : Group Research PaperFriday, 25 September, 4pmBetween 2,500 and 3,000 wordsGroup Mark (peer evaluation)10 min academic references

• You are required to explore the ethical and business dimensions of a chosen issue falling under ONE of the topics addressed in the course.

• An exploration of the international/global/cross-cultural dimensions of the issue is also encouraged where applicable.


• The Nature of Morality• Normative Theories of Ethics• The Purpose and Objectives of a Business• The Problems that a Stakeholder Theory tries to solve• The Ethics of the Market• Are Sweatshops an inhumane business practice?• Ethical issues in Developing World• Commodification• Justice and Economic Distribution• Rawlsian Alternative• Virtue Ethics Alternative

Topic


Assessment (cont’d)Exam

Part A: Choose two out of four essay questions (25 marks each). These questions are designed to test your knowledge and understanding of given topics (from examinable material). Part B: ‘[Based on a first-sight scenario of a contemporary issue in business ethics], identify an ethical international business challenge with cross-cultural dimensions in this scenario, and provide a literature-justified solution.’ (50 marks)

Examinable material = prescribed readings and lecture notes


Resources

• Unit guide information is available in ‘Unit Guide’ (Under Unit Information) and ‘Assessment Requirements’ (in Moodle, under ‘Assessment’)

• Prescribed readings (for lectures and tutorials), in Library Readings list (MGF5020) or in Moodle

• Tutorial Guide on Moodle• Tutorial slides on Slideshare


• How are they similar, and in what ways are they different?

• Guide behaviour, social phenomenon• Morality deals with what we would classify as good

and evil behavior.• Ethics concerns itself with questions of right and

wrong behavior. • Morality transcends cultural norms while Ethics are

governed by professional and legal guidelines within a particular time and place.

Ethics vs Morals vs Laws


CASE STUDY DISCUSSION


• Made in the USA—Dumped in Brazil, Africa, Iraq…

• Main Issues– Dumping harmful products into overseas

markets


• DISCUSS:– Why do IB managers resort to Dumping?– Is Dumping a moral issue? Why?– Evaluate the effectiveness of the US

notification system?– Evaluate the validity of “loss of national

sovereignty argument?– How can dumping be resolved?

GROUP WORK


• This case raises moral issues for people who default on loans. It looks at whether it should be the individual’s responsibility to pay loans or should the banks be blamed when investments get devalued.

• Class Debate: Banks versus Customer: Whose responsibility is it anyway?

Just drop off the key, Lee


3 Members in a group

WEEK 3• Puffing Your Resume.

• The Investment Bankers and the Bachelor Party

WEEK 4• What Is Our Business?

• Health Care as a Business.

WEEK 5• PETCO Develops Successful Stakeholder Relationship.

WEEK 6• Sotherby’s and Christies’s: The No-Auction Prices.

WEEK 7• NIKE: Managing Ethical Missteps—Sweatshops to Leadership in Employment

Practices.

WEEK 8• Sacrificing for Microcredits • Banco Compartamos

Group Allocations


Starting Group Presentations.

Submit Questions online.

Group 3 submit assessment material.

Read: Puffing Your Resume.

The Investment Bankers and the Bachelor Party.

Preparation for next week


Thank you!

Have a good week