Business Ethics

Korea University

Course Description

  • Course Name

    Business Ethics

  • Host University

    Korea University

  • Location

    Seoul, South Korea

  • Area of Study

    Business, Business Administration, Ethics

  • Language Level

    Taught In English

  • Course Level Recommendations

    Upper

    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • Credits

    3
  • Recommended U.S. Semester Credits
    3
  • Recommended U.S. Quarter Units
    4
  • Overview

    Course Description
    This course will provide students with an understanding of the relationship of organizations with their stakeholders (e.g., customers, employees, society, etc.) and provide both an exposure to and an understanding of both ethical and unethical behavior. By investigating organizations and their linkages with various environmental entities, students will have a better appreciation of what produces socially responsible behavior so as to expedite socially responsible actions and prevent irresponsible ones.

    Course Objectives
    • To become aware of some of the most controversial and popular ethics related issues
    • To be exposed to and understand the contrasting schools of thought on business ethics
    • To survey the environment of businesses and their relationship with organizations
    • To explore and analyze the controversial issues associated with such relationships between businesses and their environment
    • To appreciate the importance of ethical considerations in business today
    • To develop and cultivate the necessary analytical skills, intellectual capacities, and conceptual perspectives to deal intelligently with ethical issues
    • To understand some of the popular ways organizations foster an ethical culture
    • Ultimately, to become a better manager in terms of understanding business situations and their connections to ethics and social responsibility

    Class structure
    The class is structured so that you have the opportunity to apply the tools taught during lectures through case study analysis. Case studies provide you with real companies, situations, and problems they face. Careful case analysis will allow you to understand problems general managers face and how to deal with such problems.
    In analyzing case studies, you should understand the company's position, identify its key strength(s) and weaknesses, understand the industry the company is in, and prescribe an action plan grounded in facts of the case. Typically, you should be able to answer these questions: What is the history behind the company? How has the company developed and grown over time? What industry situation does the company face? Is it an attractive or unattractive industry? How are industry conditions changing? Who are the company's competitors? How does the company position itself vis-à-vis competitors? Are there other potential competitors? What are the company's strengths and weaknesses? How are the company's strengths and weaknesses changing? Can the company rely on existing strengths for the future or does it have to develop new ones? What does a SWOT analysis reveal? What is the company’s business-level strategy? What is the company's corporate level strategy? What should the company do? Answers to 'what should be done' are contained in an action plan. The action plan should provide answers to the following questions: What is the issue? What needs to be done? Who will do it? When will it be done? How will it be done?

    Required Textbook
    Parboteeah, K.P. and Cullen, J.B. 2018. Business Ethics (2nd edition). Routledge Publishing.

    Recommended Additional Readings
    Business Week, Wall Street Journal, Economist, Fortune, Harvard Business Review and other business periodicals.

Course Disclaimer

Courses and course hours of instruction are subject to change.