units

MGP3113

Faculty of Business and Economics

18 September 2017 16 April 2024

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This unit entry is for students who completed this unit in 2016 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

Monash University

6 points, SCA Band 3, 0.125 EFTSL

Undergraduate - Unit

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

Faculty

Business and Economics

Organisational Unit

Department of Management

Coordinator(s)

Mr Gordon Thompson

Offered

Peninsula

  • First semester 2016 (Day)

Synopsis

Do businesses and managers have any responsibilities beyond profit maximisation? To what extent should organisational activities be left to the operation of the free market and to what extent should they be regulated through internal and external mechanisms? This unit examines the theoretical foundations of the different answers that have been given to these fundamental questions.

Outcomes

The learning goals associated with this unit are to:

  1. identify and discuss important ethical issues in various business practices and contexts
  2. explain the implications of adopting different approaches to ethics and corporate social responsibility
  3. critically assess the strengths and weaknesses of the different approaches to corporate social responsibility
  4. examine the different mechanisms for regulating business behaviour
  5. apply the different approaches in relation to ethics, social responsibility and governance to issues specific to the treatment of employee (HRM), marketing/sales, finance/accounting, new technologies as well as environmental, global and socio-economic issues.

Assessment

Within semester assessment: 60%
Examination (2 hours): 40%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information

Chief examiner(s)

Professor Gavin Jack

Prerequisites

MGP1010 or MGF1010 or MGW1010 or MKB1010 or MGG1010

Co-requisites

Students must be enrolled in course 3806, Bachelor of Business at Peninsula campus to undertake this unit.

Prohibitions

MGX3100