|Module / ECTS / Path / Specialisation||Module :Ethics and Management in controversial Industries : 3 ECTS.|
|Open for visitors||yes (3 ECTS)|
|Working language :||English|
|Volume of contact hours :||24 h|
|Workload to be expected by the student :||72 h|
Track : Attendance
|LEARNING GOAL 1 : Students will master state-of-the-art knowledge and tools in management fields in general, as well as in areas specific to the specialized field of management.|
|Students will identify a business organization’s operational and managerial challenges in a complex and evolving environment.|
|Students will understand state-of-the-art management concepts and tools and use them appropriately.|
|LEARNING GOAL 2 : Students will develop advanced-level managerial skills.|
|Students will work collaboratively in a team.|
|Students will participate in a decision-making process in a critical way.|
|Students will communicate ideas effectively, both orally and in writing, in a business context.|
|LEARNING GOAL 3 : Students will demonstrate their understanding of practices reflecting ethical, diversity and sustainable development values in business organizations.|
|Students will identify and analyze issues relating to diversity, ethics and sustainable development in their business context.|
When business people are formulating and implementing potential "strategies" for their organizations, they need to deal with two environments, namely the internal and the external. In viewing their internal environment, managers need to evaluate the markets and economic structure of the markets in which their businesses compete. How businesspeople deal with this is the subject matter for what has traditionally been called by economists, Industrial Policy.
There is also an external environment, i.e., those political and social forces that play in formulating the strategy of the firm. These political and social forces shape a firm's relationships with its various stakeholders that include all those individuals and institutions which have a vested interest in the performance of the firm both financially and socially. Usually, the stakeholders include the local community, regional community, Government (at all levels and branches) unions, stockholders, employees, etc..
The purpose of this course is to examine how the business (internal environment) and public policy (external environment) processes interact. The first part of the course will examine the “economics” of these controversial industries: Cigarettes, Alcohol and Gambling. We will analyze how these firms in these industries compete as well the structure of these industries.
The second part of the course will analyze how public policy makers view these industries.
Methodology: Since variety is the spice of life, class will consist of a combination of lecture and case analysis, Normally class will consist of a lecture of some aspect of industrial or political analysis followed by a case to illustrate these concepts.
- Identify ethical issues in a business context
- Recognize the various ethical theories such teleological and deontological.
- Apply these ethical concepts to business situations.
- Examine the external dimension of firms, i.e political and social forces
- Examine how ethical thinking impacts the business and public policy processes.
- Appraise topical issues such as gambling, alcohol, tobacco and marijuana and other controversial industries.
- Describe how public and business policy are formulated.
Readings/Case: Packet of Readings and Cases that is available at the bookstore. Every session I will have an assignment sheet for you along with questions for the case or reading.
January 6&7 Introduction to the Ethics and Ethical Public Policy
Reading: “A Model to Evaluate Values and Public Policy”
January 8 The Alcohol Industry
Reading: “A Brief History of the American Alcohol Industry
Case: A-B vs. SAB in China
January 9 The Tobacco Industry
Reading: Smoking and Health
Case: China, Japan and Singapore Cigarette Markets
January 10 The Gambling Industry
Reading: What’s in a Name: Gambling to Gaming
Future Issues: Legalization of Marijuana
An interest in how business deals with Ethical issues and the public policy process.
Such behaviors as...
... may lead to expulsion from classes.