To make effective business decisions, it is crucial that students use business strategies and frameworks to assist in their analysis and resolution of ethical problems. This subject examines the moral and ethical contexts that inform and frame decision-making in the world of business to enlighten students to the consequences of their decisions and actions. The subject calls on students to justify the bias, prejudice, vested interests, etc., that underpin behaviour and points of view in the world of business.
The subject aims at developing your ability to evaluate the relative arguments and the interests these stakeholders represent. Students will examine various moral frameworks that promote and lead to decisions, particularly business-related ones, including that of the perspective of all stakeholders to a decision. During this subject they will explore several ethical perspectives and their implications for a range of key business functions and contexts such as such as marketing, human resources, international business, and technology.
a) Assess the relationship between ethics, sustainability and profit.
b) Evaluate diverse moral and ethical theories in a strategic capacity.
c) Apply ethical analysis in a wide range of business sectors while considering the needs of multiple stakeholders.
d) Integrate ethics, sustainability and profit into business strategy.