Podcast
Questions and Answers
What percentage of the total grade is attributed to continuous assessment?
What percentage of the total grade is attributed to continuous assessment?
- 15%
- 50% (correct)
- 25%
- 35%
Which of the following is NOT a component of the grading criteria?
Which of the following is NOT a component of the grading criteria?
- Midterm exam
- Final exam
- Group project presentation
- Participation in discussions (correct)
What is the primary objective of the group project presentation?
What is the primary objective of the group project presentation?
- To complete the course requirements
- To ensure group coherence in arguments
- To apply course concepts to real-world ethical problems (correct)
- To assess team members' individual performance
How many people can form a group for the project presentation?
How many people can form a group for the project presentation?
What is the total percentage covered by the midterm exam?
What is the total percentage covered by the midterm exam?
Which topic is NOT covered in the first half of the sessions?
Which topic is NOT covered in the first half of the sessions?
What do students need to diagnose in their group project?
What do students need to diagnose in their group project?
Which session covers 'Business and its internal constituents'?
Which session covers 'Business and its internal constituents'?
What is the main focus of the course on Business Ethics?
What is the main focus of the course on Business Ethics?
Which philosophical approach is emphasized in the Business Ethics course?
Which philosophical approach is emphasized in the Business Ethics course?
Which of the following objectives is NOT included in the course?
Which of the following objectives is NOT included in the course?
What is the expected outcome concerning ethical dilemmas in the workplace?
What is the expected outcome concerning ethical dilemmas in the workplace?
Which topic is NOT covered in the initial sessions of the course?
Which topic is NOT covered in the initial sessions of the course?
How does the course suggest students should view corporate social responsibility?
How does the course suggest students should view corporate social responsibility?
What background do students need to effectively engage in the course material?
What background do students need to effectively engage in the course material?
What is the nature of the course's grading policy?
What is the nature of the course's grading policy?
What has been identified as a significant market segment for Shein?
What has been identified as a significant market segment for Shein?
What was a key finding of the investigation conducted by Public Eye regarding Shein's suppliers?
What was a key finding of the investigation conducted by Public Eye regarding Shein's suppliers?
How many new items did Shein introduce in 2020, according to the report?
How many new items did Shein introduce in 2020, according to the report?
What type of pressure did David Hachfeld of Public Eye claim staff experienced?
What type of pressure did David Hachfeld of Public Eye claim staff experienced?
What is the primary focus of business ethics?
What is the primary focus of business ethics?
What is suggested as a reason for long working hours at Shein's suppliers?
What is suggested as a reason for long working hours at Shein's suppliers?
What is one potential benefit for a company from unethical behavior, as discussed?
What is one potential benefit for a company from unethical behavior, as discussed?
Which characteristic is NOT associated with moral standards?
Which characteristic is NOT associated with moral standards?
How do humans begin to distinguish moral from nonmoral norms?
How do humans begin to distinguish moral from nonmoral norms?
What is one argument against the necessity of business ethics?
What is one argument against the necessity of business ethics?
What is the maximum working week set by local labor laws that Shein's suppliers are violating?
What is the maximum working week set by local labor laws that Shein's suppliers are violating?
Which of the following was the reaction of Shein to the findings from the Public Eye report?
Which of the following was the reaction of Shein to the findings from the Public Eye report?
What type of ethical question addresses the societal systems within which companies operate?
What type of ethical question addresses the societal systems within which companies operate?
According to one view, who holds the primary moral responsibility for corporate actions?
According to one view, who holds the primary moral responsibility for corporate actions?
What is ethical relativism in the context of business ethics?
What is ethical relativism in the context of business ethics?
Which of the following statements about morality is true?
Which of the following statements about morality is true?
What is a supporting argument for the relevance of business ethics?
What is a supporting argument for the relevance of business ethics?
What distinguishes business ethics from general ethics?
What distinguishes business ethics from general ethics?
Which of these statements reflects a common perception about the relationship between ethics and profits?
Which of these statements reflects a common perception about the relationship between ethics and profits?
Which aspect of ethics refers to the personal decisions and behavior of an individual?
Which aspect of ethics refers to the personal decisions and behavior of an individual?
What was Shein's revenue in 2022?
What was Shein's revenue in 2022?
Study Notes
Course Overview
- Dr. Antonina Lisovskaia holds a Post-doctorate from the University of Barcelona and a PhD in Economics.
- Course focus: Business ethics, grading policy, and participation valued for discussions.
Session Topics
- Introduce ethics and business, exploring moral decision-making approaches and government-market interactions.
- Discuss ecological considerations, consumer relations, employee issues, and CSR conceptual bases.
- Conclude with a course summary and group presentations.
Course Objectives
- Understand ethics' role in business, including moral values and issues within organizational environments.
- Evaluate corporate social responsibility (CSR) relevance to ethical business practices.
Learning Outcomes
- Recognize importance of ethical theories and frameworks in business.
- Enhance skills to address ethical dilemmas in workplace settings.
Grading Policy
- Continuous assessment accounts for 50%, midterm exam 35%, group presentation 15%, with a total of 100% for the course.
- Midterm designed to test comprehension of readings and class discussions.
Group Assignment
- Teams (up to 8) analyze ethical problems in a chosen organization, using various secondary sources for information.
- Focus on diagnosing underlying issues causing ethical concerns.
Understanding Ethics
- Ethics involves principles that define right and wrong behavior.
- Moral standards are characterized by significant impacts, independence from authority, and impartiality.
- Distinction between morality and law highlighted by moral norms being innate human understandings.
Business Ethics
- Specifically examines moral standards within business settings, judging their implications for operations and conduct.
Ethical Questions
- Systemic ethical inquiries target social, political, and economic business contexts.
- Corporate ethical issues focus on specific organizational policies and impacts.
- Individual ethical considerations address personal decisions and character.
Case Study: Shein
- Shein, a fast-fashion brand, reached $22.7 billion in revenue in 2022, with significant online engagement.
- Investigations revealed poor working conditions, including workers doing excessive overtime under immense pressure.
Business and Ethics Perspectives
- Ethical perspectives on corporations range from viewing them as responsible entities to questioning the attribution of ethical qualities.
- Arguments against business ethics suggest profit maximization supersedes ethical considerations and legal compliance suffices.
- Support for business ethics includes its essential role in human activities, sustainable business practices, and the correlation between ethics and profitability.
Important Concepts
- Ethical relativism claims no universal ethical standards exist across societies, stressing the subjective nature of ethics in business.
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Description
Explore the fundamental concepts of business ethics and its importance in organizational behavior. This quiz covers various aspects of ethical decision-making in the workplace. Perfect for students and professionals aiming to enhance their understanding of ethical practices.
