About this Course
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Global business ethics is the study and analysis of how ethics and global business are connected. How we should treat each other and our organizations in global and local contexts is the topic of this course. Business ethics and corporate responsibility are inherent in global commerce. Commerce is about markets, and markets entail exchanges between people and groups of people. So commerce is about human relationships, and indeed, it could not be otherwise. One of the important challenges in global business is working out the extent of these obligations in the interrelationships between businesses and the particular local cultures in which that business operates. The ethical issues arising from these engagements, the kinds of values-based considerations out of which an organization negotiates with local concerns, and how an organization can be both an enabler of economic value-added while respecting cultural differences will be topics of this course. Upon successful completion of this course you will be able to: • Become morally sensitive to ethical dilemmas in global commerce • Identify ethical issues in global business • Master stakeholder analysis • Address issues from more than one point of view • Use a well-reasoned process by which to arrive at ethically-defensible decisions • Evaluate good and weak arguments • Defend your conclusions This course is part of the iMBA offered by the University of Illinois, a flexible, fully-accredited online MBA at an incredibly competitive price. For more information, please see the Resource page in this course and onlinemba.illinois.edu....
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Calendar

Flexible deadlines

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Intermediate Level

Intermediate Level

Clock

Approx. 7 hours to complete

Suggested: 4 weeks of study, 4-6 hours/week...
Comment Dots

English

Subtitles: English...
Globe

100% online courses

Start instantly and learn at your own schedule.
Calendar

Flexible deadlines

Reset deadlines in accordance to your schedule.
Intermediate Level

Intermediate Level

Clock

Approx. 7 hours to complete

Suggested: 4 weeks of study, 4-6 hours/week...
Comment Dots

English

Subtitles: English...

Syllabus - What you will learn from this course

Week
1
Clock
5 hours to complete

Course Orientation & Module 1 Is Ethics Part of Business?

You will become familiar with the course, your classmates, and our learning environment. The orientation will also help you obtain the technical skills required for the course. Identify what we mean by ethics and moral reasoning. Learn about the “do the right thing” approach, utilitarianism, and theories of justice. Understand why these theories are important for moral reasoning and for commerce. Be familiar with the framework for moral reasoning. Apply this framework in a case analysis. ...
Reading
6 videos (Total 37 min), 8 readings, 3 quizzes
Video6 videos
1-1.1: Case Study: Merck and River Blindness7m
1-1.2: Ethical Theories and Their Contributions to Decision-Making16m
1-1.3: Merck and Moral Reasoning3m
1-1.4: Merck's Decision2m
Like this course? Learn more with the iMBA! (Optional)1m
Reading8 readings
Syllabus10m
About the Discussion Forums10m
Glossary10m
Brand Descriptions10m
Updating Your Profile10m
Social Media10m
Module 1 Overview10m
Module 1 Readings10m
Quiz2 practice exercises
Orientation Quiz10m
Module 1 Quiz30m
Week
2
Clock
1 hour to complete

Module 2: Stakeholder Theory: Bayer CropScience in India

Distinguish stakeholder theory from managerial shareholder theory. Be able to use stakeholder theory in the framework for moral reasoning. Apply the model to one case, e.g., Merck, BHP or the Oil Rig. ...
Reading
5 videos (Total 35 min), 2 readings, 1 quiz
Video5 videos
2-1.2: Bayer Crop Science and the Issue of Child Labor4m
2-1.3: Stakeholder Theory11m
2-1.4: Rights and Justice in Stakeholder Theory4m
2-1.5: Bayer Crop Science and a Framework for Moral Reasoning8m
Reading2 readings
Module 2 Overview10m
Module 2 Readings10m
Quiz1 practice exercise
Module 2 Quiz Over Lectures and Readings30m
Week
3
Clock
1 hour to complete

Module 3: In Rome should we do as the Romans do?

Be able to distinguish egoism, role relativism, cultural relativism, ethical relativism and some forms of universalism. Apply these distinctions to the “Greed is Good” speech on the attached video. Apply these distinctions using the framework introduced in Module 1. ...
Reading
6 videos (Total 34 min), 2 readings, 1 quiz
Video6 videos
3-1.2: What Price Safety?4m
3-1.3a: The Issue(s) of Relativism Part. 17m
3-1.3b: The Issue(s) of Relativism Part. 210m
3-1.4: A Social Contracts Approach to Relativism in Global Commerce5m
3-1.5: A Social Contract's Approach to Relativism in Global Commerce Review2m
Reading2 readings
Module 3 Overview10m
Module 3 Readings10m
Quiz1 practice exercise
Module 3 Quiz Over Lectures and Readings30m
Week
4
Clock
3 hours to complete

Module 4: Why Do Good People and Good Organizations do Bad Things?

Understand the challenges of globalization in emerging markets. Change dependent mindsets about “the poor.” Distinguish the difference between “responsibility to” and “partnerships with.” Grasp how poverty can be alleviated even by students. ...
Reading
5 videos (Total 34 min), 2 readings, 2 quizzes
Video5 videos
4-1.2: The Volkswagen Problem5m
4-1.3: How Can We Explain the Volkswagen Issue?6m
4-1.4: Obedience to Authority7m
4-1.5: Developing Moral Courage and Moral Imagination8m
Reading2 readings
Module 4 Overview10m
Module 4 Readings10m
Quiz1 practice exercise
Module 4 Quiz Over Lectures and Readings30m

Instructor

Patricia Werhane

Visiting Professor
Department of Business Administration

About University of Illinois at Urbana-Champaign

The University of Illinois at Urbana-Champaign is a world leader in research, teaching and public engagement, distinguished by the breadth of its programs, broad academic excellence, and internationally renowned faculty and alumni. Illinois serves the world by creating knowledge, preparing students for lives of impact, and finding solutions to critical societal needs. ...

About the Global Challenges in Business Specialization

Learning Outcomes for the Specialization: Upon completion of this specialization, you will be able to: Understand how businesses function in the global marketplace. Make ethical decisions to run a responsible business in the global marketplace. Understand the role of business in addressing global challenges such as poverty and the environment. Understand how business can pursue opportunities and confront challenges in the complex global marketplace....
Global Challenges in Business

Frequently Asked Questions

  • Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.

  • When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

More questions? Visit the Learner Help Center.