Indian Ethos & Business Ethics

Syllabus

                                            402: Indian Ethos & Business Ethics

UNIT-1

Indian Ethos and Values: Its Relevance at Workplace: Indian Ethos- Meaning, Features, Need, Evolution, Relevance, Principles Practiced by Indian Companies, Requisites, Elements, Role of Indian Ethos in Managerial Practices, Triguna Theory-OSHA Model. Work Ethos Meaning, Dimensions of Work Ethos. Values - Concepts, Values in Business, Value System in Work Culture, and Values of Indian Managers, Relevance of Value Based Management in Global Change; Impact of Values on Stakeholders; Trans-Cultural Human Values, Ethics v/s Ethos, Eastern Management v/s Western Management.                                                                                                                                        (8+1)

UNIT-2

Indian Model of Management: Concept of Indian Model of Management in the Indian Socio-Political Environment, Laws of Karma and its Relevance in Business Settings, Indian Heritage in Business-Management. Production and Consumption: Management Lessons from Indian Heritage Scriptures (like Mahabharata & Ramayana), Leadership Pointers from Kautilya’s Arthashastra, VEDA Model of Leadership, Corporate Rishi Model, Theory K, WE theory ( West- East Theory)                                                                                                                              (8+1)

UNIT-3

Business Ethics as Applied Ethics: Meaning, Characteristics of Business Ethics, Importance of Business Ethics (Long Term Growth, Cost reduction, Risk Mitigation, Limited Resources, etc.) Types of Business Ethics (Transactional Ethics, Participatory Ethics, Recognition Ethics), Factors Influencing Business Ethics. Categories of Ethics (Personal, Professional, Managerial) Business Code of Conduct), Approaches to Business Ethics: Consequentialist & Non- Consequentialist Theories of Ethics - Deontological Theory & Teleological Theory, Kohlberg Six Stage Moral Development.                                                                                                                                       (8+1)

UNIT-4

Ethical Decision Making in Business Matrix: Framework of Ethical Decision Making, Ethical Dilemmas in Different Functional Areas of Business (Finance, Marketing HRM and International Business), Intellectual Property Rights and Business Ethics, Ethical Challenges for Managers, Ethical Decision Making Process, it's Model-STEP Model, PLUS Filter Model.                                                                                                                                        (8+1)

UNIT-5

Applications of Ethical Principles to Contemporary, Moral and Ethical problems / Issues Related to Business: Contemporary Cases on Corporate Strategy and Climate Change, Corporate Strategy and Natural Resource Depletion, Corporate Social Responsibility, Transparency and Accountability, Social Media and
E-Platforms. Current Ethical Issues Like Bank Scams, Airlines etc.                                                     (8+1)