406 Ethical Issues in Management
This course explores the philosophical foundation of ethical theory and its recent applications to business situations. Professional codes of ethics, such as those promulgated by educational, managerial, engineering, scientific, medical and legal professional societies, are presented. Corporate policies relating to ethical concerns are illustrated as well. The application of ethical theory to ethical audits in the workplace concludes the lecture part of the course. Student teams of two or three are organized to present ethical tradeoff issues such as: workplace safety vs. gender discrimination; workplace safety vs. privacy; drug regulation vs. choice of risk; drug and medical treatment regulations vs. affordability to pay; downsizing vs. strategic repositioning; downsizing vs. shared sacrifice; employee ranking vs. job security; privacy vs. office romances; privacy vs. public safety; bribery vs. business acquisition; bribery vs. fee-for-service; freedom to innovate vs. conflicts of interest; personal development vs. conflicts of interest; volunteer activities vs. conflicts of interest. Each student will participate in one oral presentation. Each team will present one topic of interest which the team selects. Each team will research the topic, will apply an ethical audit to the issues, and will present their conclusions of how to resolve the issues.