MGS521 - Business Ethics and Values

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Last revision date Jun 3, 2019 12:43:14 AM
Last review date Jul 15, 2019 3:48:48 PM

Subject Title
Business Ethics and Values

Subject Description
This course encourages students to consider ethics in two ways. The first challenge is to understand ethics on a personal level. Students will consider their own values, dilemmas, the quality of their relationships, and the meaning of the choices made. Students will then examine business ethics and the highly complex ethical challenges which businesses and individual employees face. Students will consider how they, as an employee, might balance personal and corporate values. Case studies will illustrate how business success is often heavily impacted by the moral consequences of decisions and choices.  Ethical issues related to sustainability are also evaluated.

Credit Status
One credit.

Learning Outcomes
Upon successful completion of this subject the student will be able to:

  1. Attain heightened awareness of personal values and the importance of self awareness.
  2. Apply a critical lens to thinking regarding ethical issues and dilemmas in business.
  3. Understand and be able to apply ethical theory as a framework for evaluating ethical dilemmas.
  4. Exhibit skill in analysing "right-versus-right" dilemmas in a business context.
  5. Demonstrate an ability to apply decision making frameworks to ethical dilemmas.
  6. Evaluate corporate ethics codes.
  7. Understand potential conflicts between personal values and corporate values and culture.
  8. Consider his/her own role as an ethical consumer and corporate stakeholder.
  9. Understand and assess the ethical components of various aspects of an organization's business practices, including Corporate Social Responsibility, Environmental sustainability, Globalization, Advertising and Marketing.

Essential Employability Skills
Communicate clearly, concisely and correctly in the written, spoken and visual form that fulfils the purpose and meets the needs of the audience.

Respond to written, spoken, or visual messages in a manner that ensures effective communication.

Apply a systematic approach to solve problems.

Use a variety of thinking skills to anticipate and solve problems.

Show respect for diverse opinions, values, belief systems, and contributions of others.

Interact with others in groups or teams in ways that contribute to effective working relationships and the achievement of goals.

Manage the use of time and other resources to complete projects.

Take responsibility for one's own actions, decisions, and consequences.

Academic Integrity
Seneca upholds a learning community that values academic integrity, honesty, fairness, trust, respect, responsibility and courage. These values enhance Seneca's commitment to deliver high-quality education and teaching excellence, while supporting a positive learning environment. Ensure that you are aware of Seneca's Academic Integrity Policy which can be found at: Review section 2 of the policy for details regarding approaches to supporting integrity. Section 2.3 and Appendix B of the policy describe various sanctions that can be applied, if there is suspected academic misconduct (e.g., contract cheating, cheating, falsification, impersonation or plagiarism).

Please visit the Academic Integrity website to understand and learn more about how to prepare and submit work so that it supports academic integrity, and to avoid academic misconduct.

All students and employees have the right to study and work in an environment that is free from discrimination and/or harassment. Language or activities that defeat this objective violate the College Policy on Discrimination/Harassment and shall not be tolerated. Information and assistance are available from the Student Conduct Office at

Accommodation for Students with Disabilities
The College will provide reasonable accommodation to students with disabilities in order to promote academic success. If you require accommodation, contact the Counselling and Accessibility Services Office at ext. 22900 to initiate the process for documenting, assessing and implementing your individual accommodation needs.