MBA 7104

Business Ethics For Energy Industry

Course ID
MBA 7104
Campus
Muyenga
Level
Postgraduate
Instructor
Joseph Ntayi (PhD)
Credit
4 CU
Method
Lecture

Module Overview

Business ethics is the moral analysis of business activity and practices. In business ethics, we consider business actions and decisions in the light of moral principles and values, and ask whether ethical motives in business activity would make business better and more successful.

Among the considerations included in this course is the question about whether any ethical values are already implied in business and market activity, or whether introducing ethics into business will cause fundamental changes to business. In addition, we want to assess how business does and should affect our individual and social lives, and ask what role business and its values (could) play in our society as a whole. Further, we will examine issues and conflicts that typically arise in business that have moral aspects to them, such as the way employers treat their employees, employees their employers, and the ways businesses treat their competitors, their customers, their society, and even their environment. Finally, we will consider the practical question of whether a (morally) good life can be lived by those who wholehearted devote themselves to business success. These matters all centre on questions about human action and the good life.

Our principle focus in this course will be the understanding and appreciation of a way of life in which money and profits play an important but certainly not exclusive role. At times this course will engage in constructive criticism of business life and practices; however its predominant focus will not be business’ failures or evils, but rather its purposes and roles in society, the activities these purposes and roles define, the relationship these have and should have to our social community and to each of our lives.

Business ethics is the moral analysis of business activity and practices

Objectives

  • To examine the role and purpose of ethics in business
  • To present methods of moral reasoning, case analysis, and of resolving ethical dilemmas
  • To present the ethical values considered especially relevant to business activity—respect for human dignity, honesty, fairness, and the development of trust.
  • To present the concept of Corporate Social Responsibility, and explore its relevance to ethical business activity
  • To investigate the ethical obligations and ethical ideals present in the relationship between employers and employees
  • To investigate whether ethics sets any boundaries on competition, marketing, sales, and advertising
  • To consider any moral obligations of businesses to the environment and to people in other countries

Prerequisites

There are no formal prerequisites for Business Ethics, although students should have good reading and writing skills, and some ability and willingness to consider ethical issues and different sides of an issue. Skills to be developed in the course include analysis of argumentative texts, critical assessment of rational positions, reasoning and rational defense of views, and relating general ideas to particular situations. Business Ethics fulfills one of Uganda Christian University’s CORE requirements in philosophy. (Though fulfilling CORE requirements, Business Ethics was designed as part of the philosophy program, and fulfills requirements in that and other majors.

How you study

Lectures, Group discussions and Tutorials

Course Works – 60%
Written Examination – 40%
Total – 100%

Learning Outcomes

Students taking this course will learn to

• Identify the moral questions that oil and Gas extractive activity specifically creates
• Distinguish between ethical and other types of values in Oil and Gas industry
• Recognize ethical considerations and values relevant to Oil and gas industry.
• Evaluate common beliefs about ethics—especially common beliefs about the role of ethics in business
• Reflect on the nature of business, realize alternatives models for conducting business
• Apply moral reasoning to specific situations and defend the conclusions of that reasoning
• Evaluate the ethics of particular business decisions and general practices in business

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