COURSE GUIDE

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COURSE GUIDE DESCRIPTION

You must read this Course Guide carefully from the beginning to the end. It tells you briefly what the course is about and how you can work your way through the course material. It also suggests the amount of time you are likely to spend in order to complete the course successfully. Please keep on referring to Course Guide as you go through the course material as it will help you to clarify important study components or points that you might miss or overlook.

INTRODUCTION
OUMM3203 Professional Ethics is one of the courses offered by Faculty of Business and Management at Open University Malaysia (OUM). This course is worth 3 credit hours and should be covered over 8 to 15 weeks.

COURSE AUDIENCE
This is a compulsory OUM course for all students of OUM. As an open and distance learner, you should be acquainted with learning independently and being able to optimise the learning modes and environment available to you. Before you begin this course, please confirm the course material, the course requirements and how the course is conducted.

STUDY SCHEDULE
It is a standard OUM practice that learners accumulate 40 study hours for every credit hour. As such, for a three-credit hour course, you are expected to spend 120 study hours. Table 1 gives an estimation of how the 120 study hours could be accumulated.

COURSE GUIDE

Table 1: Estimation of Time Accumulation of Study Hours Study Activities Briefly go through the course content and participate in initial discussion Study the module Attend 3 to 5 tutorial sessions Online participation Revision Assignment(s), Test(s) and Examination(s) TOTAL STUDY HOURS Study Hours 3 60 10 12 15 20 120

LEARNING OUTCOMES
By the end of this course, learners should be able to: 1. 2. 3. 4. 5. 6. 7. Discuss a variety of ethical issues related to business and professional practices; Explain different ethical and theoretical perspectives; Explain law as a combined moral judgement; Elaborate on stakeholder perspective; Describe the future of Corporate Governance; Discuss several causes of unethical behaviour in organisations; and Discuss good management, employment rights and how the economic system deals with the opportunities related to employment.

COURSE SYNOPSIS
This course is divided into 10 topics. The synopsis for each topic is presented

below:
Topic 1 aims to introduce the learner to fundamental concepts and theories of morals, the history and development of ethical theories, and a systematic study of right and wrong with a critical application of ethical theories to current social problems.

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Topic 2 focuses on stakeholder relationships. Stakeholders are individuals or groups who can affect by the actions, decisions, policies or goals of an organisation. Stakeholders can be categorised into market and non-market stakeholders. Topic 3 deals with the question of finding a balance between economic performance and the social performance of an organisation when faced with an ethical dilemma. Topic 4 examines issues related to the law as a guide to managerial decisions and actions, and the causes of unethical behaviour in an organisation. Topic 5 focuses on unethical behaviour in an organisation and the responsibilities of the senior management. Topic 6 exposed the learner to ethics in the organisational context, focusing more on social responsibility. Topic 7 discusses about corporate governance, its definition, reason of study it and also the future of corporate governance. Topic 8 outlines the general economic systems which deal with the opportunity related to employment. Topic 9 details the employees right to privacy and instances leading to violations of privacy. This topic also identifies a variety of factors influencing the appraisal of an employees performance. Topic 10 discusses the actual meaning of loyalty to a company or an organisation.

TEXT ARRANGEMENT GUIDE

Before you go through this module, it is important that you note the text arrangement. Understanding the text arrangement should help you to organise your study of this course to be more objective and more effective. Generally, the text arrangement for each topic is as follows: Learning Outcomes: This section refers to what you should achieve after you have completely gone through a topic. As you go through each topic, you should frequently refer to these learning outcomes. By doing this, you can continuously gauge your progress of digesting the topic. Self-Check: This component of the module is inserted at strategic locations throughout the module. It is inserted after you have gone through one subsection or sometimes a few sub-sections. It usually comes in the form of a

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question that may require you to stop your reading and start thinking. When you come across this component, try to reflect on what you have already gone through. When you attempt to answer the question prompted, you should be able to gauge whether you have understood what you have read (clearly, vaguely or worse you might find out that you had not comprehended or retained the sub-section(s) that you had just gone through). Most of the time, the answers to the questions can be found directly from the module itself. Activity: Like Self-Check, activities are also placed at various locations or junctures throughout the module. Compared to Self-Check, Activity can appear in various forms such as questions, short case studies or it may even ask you to conduct an observation or research. Activity may also ask your opinion and evaluation on a given scenario. When you come across an Activity, you should try to widen what you have gathered from the module and introduce it to real situations. You should engage yourself in higher order thinking where you might be required to analyse, synthesise and evaluate instead of just having to recall and define. Summary: You can find this component at the end of each topic. This component helps you to recap the whole topic. By going through the summary, you should be able to gauge your knowledge retention level. Should you find points inside the summary that you do not fully understand, it would be a good idea for you to revisit the details from the module. Key Terms: This component can be found at the end of each topic. You should go through this component to remind yourself of important terms or jargons used throughout the module. Should you find terms here that you are not able to explain, you should look for the terms from the module. References: References is where a list of relevant and useful textbooks, journals, articles, electronic contents or sources can be found. This list can appear in a few locations such as in the Course Guide (at References section), at the end of every topic or at the back of the module. You are encouraged to read and refer to the suggested sources to elicit the additional information needed as well as to enhance your overall understanding of the course.

PRIOR KNOWLEDGE
There is no prerequisite requirement for learners prior taking this subject.

ASSESSMENT METHOD
Please refer to myVLE.

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REFERENCES
Carroll, A. B., & Buchholtz, A. K. (2006). Business and Society: Ethics and Stakeholder Management. (6th ed.). Ohio: South-Western Donaldson, T., & Preston, L. (1995). The Stakeholder Theory of the Corporation: Concepts, Evidence, Implications. Academy of Management Review 20(1), 65-91. Freeman, R. E. (1984). Strategic Management: A Stakeholder Approach. Boston: Pitman Publishing. Hosmer, L. 1991. The ethics of management. (2nd ed.). Boston: Irwin. Institue for Global Ethics. (2006). Cooked Books, Fried Reputation: Study, Ethics Newsline (Vol. 2006): Ethics Newsline. Lawrence, A. T., & Weber, J. (2011). Business and Society: Stakeholders, Ethics and Public Policy (13th ed.). Singapore: McGraw-Hill. Lawrence, A. T., & Weber, J. (2011). Business and Society: Stakeholders, Ethics and Public Policy. (13th ed.). Singapore: McGraw-Hill. Mitchell, R. K., Agle, B. R., & Wood, D. J. (1997). Toward a Theory of Stakeholder Identification and Salience: Defining the Principle of Who and What Really Counts. The Academy of Management Review, 22(4), 853-886. Thorne, D. M., Ferrell, O. C., & Ferrell, L. (2008). Business and Society. (3th ed.). Boston: Houghton Mifflin. Wheeler, D., & Sillanpaa, M., The Stakeholder Corporation: A Blueprint for Maximising Stakeholder Value, London: Pitman Publishing. (1997). The Stakeholder Corporation: A Blueprint for Maximising Stakeholder Value. London: Pitman Publishing.