MGT 3020 Course Outline Feb2012_forSMS_3Feb2012

INTERNATIONAL ISLAMIC UNIVERSITY MALAYSIA

COURSE OUTLINE

Kulliyyah / Institute Kulliyyah of Economics and Management Sciences

Department / Centre Department of Business Administration

Programme Bachelor of Business Administration

Name of Course / Mode Business Ethics

Course Code MGT 3020

Name (s) of Academic staff / Instructor(s)

Suhaimi bin Mhd. Sarif BE1, BE2 Yusof bin Ismail BE3

Rationale for the inclusion of the course / module in the programme

The course trains students with conventional and Islamic ethical principles in making decisions in various business contexts.

Semester and Year Offered

Every semester

Status University required course

Level 3 (Undergraduate)

Proposed Start Date Ongoing, offered every semester

Batch of Student to be Affected

Intake of 2005/2006 onwards

Total Student Learning Time (SLT)

Face to Face

Total Guided and Independent Learning

42 0 0 88 130

Credit Value (hours) 3

Pre-requisites (if any) UNGS 2030 Islamic Worldview

1

MGT 2010 Principles and Practices of Management

Co-requisites (if any) None

Course Objectives

This course expects to provide students with the:

1- understanding of the influence of Islamic values in individual characters and business decisions;

2- ability to identify sources and ethical values from Islamic and non Muslim sources;

3- skills to apply ethical values in various business contexts.

Learning Outcomes

At the end of the course, students should be able to: 1- explain the importance of Islamic values and ethics in

business;2- identify principal ethical values in Islam and their

sources;3- identify principal ethical values/theories from non-

Muslim sources;4- make a comparison between Islamic and non-Muslim

ethics;5- demonstrate an understanding and appreciation of how

ethical reasoning develops and helps develop a person;

6- deduce the principles from moral and ethical values and theories to analyze ethical behavior in a business setting and various stakeholders.

Transferable Skills:

Skills and how they are developed and assessed, project and practical experience and internship1. Analytical skills; they are developed through research and

inquiry i.e. analysing ethical issues and problems, thinking critically for solution alternatives and disseminating the findings.

2. Communication and interpersonal skills; they are developed through oral, written and non-verbal; teamwork, leadership and networking via group case analysis and presentation, field visits, and case reports.

3. Identify problems and provide solutions; they are developed through project assignments.

Teaching-Learning /assessment strategy Type of Assessment Description

Lectures Co-operative learning

Peer assessmentStudents' oral reports on colleagues work.

Group workThree to four students to complete three group assignments about ethical issues and problems.

2

Class PresentationsOral reports on business ethics cases.

Projects Complete 1 major assignment

Course Synopsis

The course will discuss the significance of ethics in business setting, and highlight the obligation to pursue profits ethically and with responsibility. It will introduce principal values in Islamic ethics, and core ideas in established conventional ethical theories. It will also present the development of moral awareness and behavior in individuals. A section of the course details out business obligations towards its stakeholders. Next it will discuss approaches to solve ethical issues. Towards the end of the course it will expose how to make ethical decisions in various business contexts using ethical principles.

Mode of Delivery Lecture

Assessment Methods and Type/Course AssessmentState weightage of each type of assessment.

Mapping of course / module to the Programme Learning Outcomes

Learning Outcome of the course Programme Outcomes01 02 03 04 05 06 07 08 09

1.To explain the importance of Islamic values and ethics in business

√

2.To identify principal ethical values in Islam and their sources

√

3. To identify principal ethical values/t eories from non-Muslim

√

3

LO Method %1, 4, 5, 6 Learning/Book Review 51, 4, 5, 6 Group Assignments 15

1,2,3 Mid-semester Examination 15

1,2,4 Group Case Analysis and Oral presentation

10

2, 6 Group Project Paper 15

2, 3, 4, 6 End-of-semester Examination 40

TOTAL 100

sources √

4.To make a comparison between Islamic and non-Muslim ethics

√ √

5.

To demonstrate an understanding and appreciation of how ethical reasoning develops and helps develop a person.

√

6.

To deduce the principles from moral and ethical values and theories to analyze ethical behavior in a business setting and various stakeholders.

√

Content outline of the course / module and the SLT per topic

Weeks TopicsLearning

HoursTask/Reading

(author/page)

18-10/2/2012

Ethics and Business Explain why ethics is important in the business

environment; Explain the nature of business ethics as an

academic discipline; Distinguish the ethics of personal integrity from

the ethics of social responsibility; Distinguish ethical norms and values from other

business-related norms and values; Distinguish legal responsibilities from ethical

responsibilities; Explain why ethical responsibilities go beyond

legal compliance; Distinguish ethical decision-making from other

practical decision situations.

5

Hartman & DesJardins

(2011)Chapter 1,

pp.1-44

213-17/2/2012

Ethical Decision Making: Personal and Professional Contexts

Describe a process for ethically responsible decision-making;

Apply this model to ethical decision points; Explain the reasons why “good” people might

engage in unethical behavior; Explore the impact of managerial roles on the

nature of our decision-making.

8


(2011)Chapter 2, pp.45-94

4

320-24/2/2012 Universal Guidelines on Ethical Decision Making

Describe Islamic Law (Shari’ah) criteria for measuring actions;

Explain Objectives of Islamic Law (Maqasid al-Shari’ah);

Explain Principles of Jurisprudence (Qawaid al-Fiqhiah).

Islamic Values and Perspectives

Explain the meaning of Tawhid (Unity of God) and Al-akhirah (the Hereafter) and their implications;

Describe the core values - Justice (‘adl) and trust (amanah);

Discuss the concept of promoting goodness (ma’ruf) and preventing evil (munkar);

Explain the concept of goodness (khair, birr) and sharr;

Explain the concept of ajr and ithm; Explain the concept of lawful (halal) and

prohibited (haram); Describe the relationship between conscience,

intention (niyyah), rationality, and action (‘aml).

8

Ashur (2006), pp.XXIV, 1-5,

190-199,

Nyazee (2006), pp. 195-203,

pp.231-267

Beekun (1997), pp.1-

67

427/2/2012-

2/3/2012

Philosophical Ethics and Business Explain the ethical tradition of utilitarianism; Describe how utilitarian thinking underlies much

economic and business decision-making; Explain how free markets might serve the

utilitarian goal of maximizing the overall good; Explain strengths and weaknesses of utilitarian

decision-making; Explain principle-based, or deontological, ethical

traditions; Explain the concept of moral rights; Distinguish moral rights from legal rights; Explain the Rawlsian theory of justice as fairness; Describe and explain virtue-based theories of

ethical character.

8


(2011)Chapter 3, pp.95-142

5

55-9/3/2012

The Corporate Culture—Impact and Implications Define corporate culture; Explain how corporate culture impacts ethical

decision-making; Discuss the differences between a compliance

culture and a values-based culture; Discuss the role of corporate leadership in

establishing the culture; Explain the difference between effective leaders

and ethical leaders; Discuss the role of mission statements and codes

in creating an ethical corporate culture; Explain how various reporting mechanisms such

as ethics hotlines and ombudsman can help integrate ethics within a firm;

Discuss the role of assessment, monitoring, and auditing of the culture and ethics program;

Explain how culture can be enforced via governmental regulation.

8


(2011)Chapter 4, pp.143-201

612-16/3/2012

Corporate Social Responsibility Define corporate social responsibility (CSR); Discuss the three models of CSR; Discuss the challenge in identifying the object of

a corporation’s responsibility; Distinguish key components or elements of the

term “responsibility”; Explain the role of reputation as one possible

motivation behind CSR; and Evaluate the claims that CSR is “good” for

business.

10Hartman & DesJardins

(2011)Chapter 5, pp.203-247

6

719-26/3/2012

Mid Sem Exam

23/3/2012 (Friday)

Ch.1-5 + Islamic

Perspectives

Mid Sem Break

27/3/2012 – 1/4/2012

Ethical Decision Making: Employer Responsibilities and Employee Rights

Discuss the two distinct perspectives on the ethics of workplace relationships;

Explain the concept of due process in the workplace;

Define “employment at will” and its ethical rationale;

Describe the costs of an EAW environment; Explain how due process relates to performance

appraisals; Discuss whether it is possible to downsize in an

ethical manner; Explain the difference between intrinsic and

instrumental value in terms of health and safety; Describe the “acceptable risk” approach to health

and safety in the workplace; Explain the basic arguments for and against

regulation of the global labour environment; Describe the argument for a market-based

resolution to workplace discrimination; Define diversity as it applies to the workplace; Explain the benefits and challenges of diversity

for the workplace; Define affirmative action and explain the three

ways in which affirmative action may be legally permissible;

Articulate the basic guidelines for affirmative actions programs.

15


(2011)Chapter 6, pp.249-332

7

8 & 92-6/4/2012

9-13/4/2012

Ethical Decision Making: Technology and Privacy in the Workplace

Explain and distinguish the two definitions of privacy;

Describe the ethical sources of privacy as a fundamental value;

Identify the three legal sources of privacy protection;

Discuss the concept of a “reasonable expectation of privacy”;

Discuss recent developments in connection with employee monitoring;

Explain the risks involved in a failure to understand the implications of technology and its use;

Identify additional ethical challenges posed by technology use;

Articulate the manner in which employee monitoring works;

Enumerate the reasons why employers choose to monitor employees’ work;

Explain why monitoring might also pose some costs for the employer and for the employee;

Discuss the elements of a monitoring program that might balance the interests of the employee and the employer;

Discuss the ethics of monitoring as it applies to drug testing;

Discuss the ethics of monitoring as it applies to polygraphs, genetic testing and other forms of surveillance;

Explain the interests of an employer in regulating an employee’s activities outside of work.

20


(2011)Chapter 7, pp.333-402

8

10 & 11

16-20/4/2012

23-27/4/2012

Ethics and Marketing Understand the application of the ethical

decision-making framework to ethical issues in marketing;

Describe the three key concerns of ethical analysis of marketing issues;

Describe three interpretations of responsibility and apply them to the topic of product safety;

Explain contractual standards for establishing business’ responsibilities for safe products;

Articulate the tort standards for establishing business’ responsibilities for safe products;

Analyze the ethical arguments for and against strict product liability;

Discuss how to evaluate both ethical and unethical means by which to influence people through advertising;

Explain the ethical justification for advertising; Trace debates about advertising’s influence on

consumer autonomy; Distinguish ethical from unethical target

marketing, using marketing to vulnerable populations as an example;

Discuss business’ responsibilities for the activities of its supply chain.

18Hartman & DesJardins

(2011)Chapter 8, pp.403-477

1230/4/2012- 4/5/2012

Submission of Project

Paper

4/5/2012

5pm

Business, The Environment, and Sustainability Describe a range of values that play a role in

environmental decision-making; Explain the difference between market and

regulatory-based environmental policies; Describe business’ environmental responsibilities

that would flow from each approach; Identify the inadequacies of sole reliance on a

market-based approach; Identify the inadequacies of regulatory-based

environmental policies; Define and describe sustainable development and

sustainable business; Highlight the business opportunities associated

with a move towards sustainability; Describe the sustainable principles of eco-

efficiency, biomimicry, and service.

10


(2011)Chapter 9, pp.479-525

9

13 & 14

7-11/5/2012

14-18/5/2012

Revision

21-23/5/2012

Final Exam

24/5- 9/6/2012

Ethical Decision Making: Corporate Governance, Accounting, and Finance

Describe the environment for corporate governance prior;

Explain the role of accountants and other professionals as “gatekeepers”;

Describe how conflicts of interests can arise for business professionals;

Define the Control Environment and the means by which it can be impacted through ethics and culture;

Discuss the legal obligations of a member of a board of directors;

Explore the obligations of an ethical member of a board of directors;

Highlight conflicts of interests in financial markets and discuss the ways in which they may be alleviated;

Describe conflicts of interest in governance created by excessive executive compensation;

Define insider trading and evaluate its potential for unethical behavior.

20


(2011)Chapter 10, pp.527-589

Required references supporting the courseThe reference lists shall be presented in accordance with APA bibliographic practices and in alphabetical order.

Hartman, L.P. & DesJardins, J. (2011) (2nd edition). Business ethics: Decision-making for personal integrity & social responsibility. New York: McGraw-Hill/Irwin.

Recommended references supporting the course

Ashur, I (2006). Treatise on Maqasid al-Shari’ah. The International Institute of Islamic Thought. Translated by Mohamed el-Tahir el-Mesawi. Selangor: Islamic Book Trust.

Beekun R.I. (1997). Islamic Business Ethics. Herndon, Virginia: IIIT.

Ghillyer, A.W. (2010). Business ethics: A real world approach (2nd ed.). New York: McGraw-Hill.

Hasan, S. (2007). Philanthropy and social justice in Islamic principles, prospects, and practices: K.Lumpur: A.S.Noordeen.

Hartman, L.P. & DesJardins, J. (2011) (2nd edition). Business ethics: Decision-making for personal integrity & social responsibility. New York: McGraw-Hill/Irwin.

Ismail, Y. (2004). Mengurus secara Islam: model dan prinsip-prinsip pengurusan Islam bagi individu dan Organisasi (2nd edition). Kuala Lumpur: A. S. Noordeen

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Ismail, Y. & Sarif, S.M. (2011). A monograph on business ethics from a Tawheedic perspective: promoting goodness and preventing evil. Unpublished monograph.

Sarif, S.M. & Ismail, Y. (2011). Spirituality in Business Ethics from an Islamic PerspectiveSuhaimi Mhd Sarif and Yusof Ismail. In AAhad M. Osman-Gani & Suhaimi Mhd Sarif,

Spirituality in Management from Islamic Perspective, IIUM Press, Malaysia.

Maududi, S.A.A. (U.d.). Ethical viewpoints in Islam. Lahore: Islamic Publications Pvt. Ltd.

Mejelle, The. (1967). (An English translation of Majjallahel-Ahkam-i-Adliya…), Law Publishing Company, Katchery Road, Lahore, Pakistan.

Nyazee, I.A. (2006). Theories of Islamic law: The methodology of Ijtihad. New Delhi: Adam Publishers and Distributors.

Qaradawi, Y. (2003). Wealth and economy in Islam. Translated by Samir Al Taqy.Cairo, Egypt: Islamic Inc.

Qaradawi, Y. (1980). The lawful and the prohibited in Islam (al-Halal wa-al-haram fi-al-Islam), translated by Kamal el-Helbawy, M. Moinuddin Siddiqui, Syed Shukry; translation reviewed by Ahmad Zaki Hammad, Indianapolis: American Trust.

Sikandar, S.H. (2005). Ethics and fiqh for daily life: An Islamic outline. Kuala Lumpur: IIUM Press.

Umaruddin, M. (2003). The Ethical philosophy of Al-Ghazali. Kuala Lumpur: AS Noordeen.

Prepared by:

_______________________Suhaimi Mhd. Sarif

Assistant ProfessorDepartment of Business

Administration Kulliyyah of Economics and

Management Sciences

Checked by:

_______________________Emeritus Prof. Dr.

Mohamed Sulaiman Head

Department of Business Administration

Kulliyyah of Economics and Management Sciences

Approved by:

_______________________Prof. Dr. Khaliq Ahmad

Dean Kulliyyah of Economics and

Management Sciences

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At the end of the programme, students are able to:

1. Demonstrate familiarity with established knowledge in the field of business management and awareness of current development therein.

Knowledge

2. Use relevant skills learnt in this business management area for professional and personal development. Practical Skills

3. Cooperate with others and apply knowledge in a socially responsible manner for the progress of the nation and the ummah.

Social skills and Responsibilities

4.Demonstrate commitment to ethics, autonomy and professionalism in the workplace and everyday life.

Value, Attitudes and Professionalism

5. Communicate with people from a diverse range of backgrounds with empathy, showing leadership qualities. Communication,

6.Analyse issues and demonstrate skilfulness in planning, executing and evaluating strategies and action plans.

Problem Solving and Scientific Skills

7. Use the necessary learning skills in information management and apply effective strategies for lifelong self-improvement.

Information Management and Lifelong Learning

Skills

8.Apply basic managerial and entrepreneurial skills in relevant fields.

Managerial and Entrepreneurial Skills

9. Understand the different type of leadership styles and the demonstration of interpersonal skills when leading in a group situation

Leadership and Team Skills

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Notes

Learning Review (5%)Students are required to record and review their learning from the textbook and lectures in a log book. The top most of the sheet should contain: Matric. No., Full Name, BE-Section, and Date of class. This log book must be written and updated at the end of each lecture. Each class will attempt to reserve the last five minutes to enable you to update our logbook. The instructor may ask students to submit the log book on a periodical basis. If you use one A4 for each class then you will have 28 sheets of A4 for 14 weeks of classes. A day’s record should not exceed one A4 sheet; write in only ONE SIDE of the A4. Towards the end of the semester, you will be reminded to compile your entries. You need to focus on only ONE idea or item: The log book should include the following items:

Learning objective: What is one of the learning objectives? Textbook learning: What have you learned from the textbook? Lecture learning: What have you learned from the lecture? Spiritual learning: What have you learned about spirituality, values, or Islamic perspectives? Gap in textbook and lecture: What did you expect to learn but not available in both textbook and

lecture? Discovery learning: What did you learn that is not available in the textbook and lecture?

The assessment of this assignment is based on the completion of learning review i.e. at least 80% of the total lectures and all the chapters from the textbook.

Group Assignments (15%)Students will be given business ethics assignments on continual basis. The number of the assignments is not fixed, but they have to be done in group. The scope of the assignments is within the learning objectives and learning outcomes of business ethics.

Mid Semester Examination (15%)There are two parts: (a) multiple choice and (b) short essay. The coverage of the examination is based on the textbook and lectures from Week 1 until Week 6 (or from Chapter 1 until Chapter 5 of the textbook and Islamic perspectives of Business Ethics). The duration of the examination is between one and two hours.

Group Case Analysis and Oral Presentation (10%)This assignment is to be executed in group (comprising four members). Each group will be assigned two cases. Each group must submit case analysis report for the two cases assigned to them, but they are required to present only one of the cases in the class. The instructor will determine which case to be presented in the class. The assessment is divided into two parts: case analysis report (6%) and oral presentation (4%). For the case report, all group members will share the marks equally. However, for the oral presentation, each member will be evaluated individually. Therefore, during the oral presentation, it is very important for each member to introduce his/her name so that the lecturer can give oral presentation mark. If the student fails to introduce his/her name, no mark will be given. The duration of the oral presentation is approximately 10-15 minutes per group to be confirmed in class. However, the lecturer has the discretion to shorten the duration of the presentation.

Group Project Paper (15%)This assignment requires student to write an edited book with the big title called Qur’anic Guided Business Ethics and a small title based on the Surah assigned (e.g. Qur’anic Guided Business Ethics: Lessons from Surah Al Baqarah). Each group must produce minimum 10 chapters that are co-authored by the group members with students from other Kulliyyah within IIUM or other universities. Students can use the existing topics of Business Ethics as stated in the required textbook or other textbooks as a guide or perhaps based on the themes in the assigned Surah. The length of each chapter should be 15-20 pages, with

13

single line spacing on A4 size and Times New Roman 12 point. Each chapter should have the following headings: CHAPTER FORMAT

Title (14 point, Bold, Centre, Capital/Upper Case All Words) Authors and Affiliation (11 point, Centre, Capital Each Word) Abstract (10 point, italic, sentence, justified, maximum 300 words)

Format: Objective, methodology, up to three major findings, conclusion. Keywords (3-5) Introduction Contents Discussion Recommendation Conclusion

The book must have the following contents: Book cover page with creative design Table of contents

See Chapter Format above. If a book has ten chapters then the titles of the ten chapters will be listed here.

Preface (objectives of the book and critical review of all chapters) Contents (Chapter 1-Chapter 10)

Each of the ten completed chapters will be compiled here.Chapter 1Chapter 2...

Biography of contributors (100 words for each contributor) Index (5 keywords from each chapter) Synopsis (summary) of the book (at the back of book) ‘Campaign’

Not exceeding 100 words, write to attract people to read your ‘proposed book’.It should be honest and related to the actual content of your proposed book.

14

Sample Chapter

CHAPTER 3

BELIEF IN UNSEEN (Al Ghaib) AND BUSINESS ETHICAL DECISION MAKING

Suhaimi Mhd SarifKulliyyah of Economics and Management Sciences, IIUM

Yusof IsmailKulliyyah of Economics and Management Sciences, IIUM.

Hishamuddin DahalanCollege of Business, Universiti Utara Malaysia

Mohd Anuar ArshadSchool of Management, Universiti Sains Malaysia

ABSTRACTThis chapter explores the Quranic theme from Surah al Baqarah from verse 1-5 belief in unseen (al ghaib) and business ethical decision making. The study used the commentaries made in Tafsir Ibn Kathir and a few lectures on Surah al Baqarah verses 1-5 based on the commentaries of Tafsir Ibn Kathir. There are five lessons from the belief in unseen, namely (a) subscribe fully to the Qur’anic guidance without reservation, (b) always seek guidance (al huda) from God, (c) nurture the God-fearing attitude (al taqwa), (d) steadfast (al istiqamah) in prayers, and (e) always perform audit (al Muhasabah). The study matches the five lessons from the Qur’an with the rational approach of ethical decision making process used by Hartman and Desjardin (2011). We found that the rational approach has serious implications of belief in unseen or spirituality aspects in terms of guidance (al huda), God-fearing (al taqwa), steadfast (al istiqamah) and audit (al Muhasabah). We discussed the findings with a scholar specialised in Qur’anic studies and another scholar specialised in Hadith from IIUM on how to operationalize the four terms: guidance (al huda), God-fearing (al taqwa), steadfast (al istiqamah) and audit (al Muhasabah) into business ethical decision making. The result of the discussion is presented in this chapter. We find the study is not conclusive due to lack of rigorous analysis. For future studies, we suggest for more robust and rigorous analysis to include more scholars both from Islamic and conventional studies. (242 words).

Keywords: Belief in unseen, Ethical decision making, Islam, Qur’anic guidance, Tafsir.

INTRODUCTIONThis chapter discusses about.....(It is composed after you have written you Conclusions)

Sub IntroductionThis sub explain...

CONTENT 1This chapter discusses.....

Sub Content 1This sub-chapter explains.....

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DISCUSSIONThis section argues that.....

RECOMMENDATIONThis section offers recommendation.....

CONCLUSIONThe study concludes that...

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MGT 3020 Course Outline Feb2012_forSMS_3Feb2012