Business and Society

Term: 
Fall
Credits: 
2.0
ECTS credits: 
4.0
Status: 
Elective
Course Description: 

This is the key module aimed at discussing the importance of ethical behavior and the responsibility of modern corporations to society in the transnational business environment in which leaders and firms operate. Students will develop skills to link leadership issues to ethical problems and critically appraise the contributions and limitations of business to society. The course will help students to supplement their own analysis of the common business problems by ethical considerations, and arrive to conclusions more relevant to modern businesses in a globalized world. The course is based on a range of  interactive teaching styles (lecture, seminar discussion, case study analysis, small team debating, and simulation games) to highlight the key issues. Case study analysis is the central part of the course work in order to facilitate appreciation and understanding of ethical issues within a specific and applied context.

Learning Outcomes: 

 

 

Interpersonal  Communication Skills

Students will be required to explain and interpret their viewpoints in a critical personal and small group environment.

Technology Skills

Students will hone their skills in making professional oral presentations

Cultural Sensitivity and Diversity

Students will have increased understanding and acceptance of ethical and integrity- related standpoints in ethical decision-making processes.     

Quantitative Reasoning

In addition to qualitative case analyses, quantitative tools will be introduced to analyze cross-cultural data.

Critical Thinking

Students will be encouraged to question the applicability of theoretical models in particular with reference to ethical dilemmas, personal and organizational integrity questions.

Ethics and Responsibility

Students will be motivated to consider the ethical limitations of management in particular when dealing with lack of integrity or risk of corruption.

Management Knowledge and Skills

The course will develop a number of strategic leadership and management models by referring to integrity and ethical practices.

 

Assessment: 

Active Course Participation (15%)

The course focuses on the development of socio-cultural sensitivity to management. In order to pursue this goal all topics will be first introduced with relevant state-of-the-art concepts and, afterwards, by applying such thinking to case studies and examples based on field research in both emerging and advanced markets.

Criteria for assessing course participation

1)               During the course only one absence per student is allowed provided that certification or adequate explanation is given with 24 hours’ notice to the instructor. Two absences will lead to Academic Failure (AF).

2)               Students’ participation will be evaluated on the basis of their active involvement in class discussion, communication strength, ability to engage with, summarize and analyze the topics being discussed. 

Simulation Game (35%)

Student will be divided in groups and will participate in the development of a simulation game for the management of integrity in emerging markets.  Further details will be provided during the class.

Grading criteria for simulation game are:

1)               True understanding of the issues

2)               Clarity and persuasiveness of analysis

3)               Originality of game

4)               Good handling of questions and critiques

5)               Relevance of arguments for a comparative discussion of integrity in management

Individual writing assignment (50%)

Each student will, at the end of the course, develop a short case study (length: about 6 pages, figures and tabs excluded) in which he/she will indicate one issue, encountered in the course of his executive tasks, that is directly related to integrity and leadership. The theme of the assignment needs to be discussed in advance with the instructor.

Students are required to discuss the selected topic with the teacher before the submission deadline. The final deadline for the submission is the day of the last session of the course.

Grading criteria for individual assignment are presentation groups are:

1)   Relevance of content
2) Originality of content
3) Clarity of exposition and analysis
4) Ability to produce a lesson for real-life cases

Prerequisites: 

None