OUMM3203 Professional Ethics Assignment Sample Malaysia

OUMM3203 Professional Ethics is one of the courses offered by the Faculty of Business and Management at Open University Malaysia (OUM). It introduces students to the basic ethical theories and practices in business. It aims to prepare students for moral responsibility as business owners, managers, or employees. It also aims to cultivate students’ personal moral excellence, as well as instill in them the desire to practice ethical awareness and decision making. In this assignment, we will be looking at how individuals can make a difference by promoting ethical business practices.

The course focuses on ethical issues that arise when working with other people, as well as themselves. We will be looking at specific issues such as business decision-making, business ethics and social responsibility, and ethical leadership. We will also look at the industry standards that have been set against unethical practices in society, and how students can work towards this goal even when they are not a part of a responsible organization.

This course provides an overview of the topic and encourages students to identify and resolve ethical issues, as well as to develop a sense of personal responsibility in their professional lives.

We provide the following types of assignments. These are:

• Project
• Group assignment
• Assignment Acknowledgment
• Case Study
• Cover sheet
• Journal Writing
• Individual Assignment
• Tutorial solution

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By the end of this course, students will be able to:

Assignment Activity 1: Define and understand the meaning of ‘ethics’

Ethics is the philosophical and/or moral study of the ethical principles and moral codes of a given profession.

Professional ethics incorporates the basic principles of what is accepted and expected behavior in a profession. It can be defined as “the standards of conduct observed by the profession”; “rules or codes of conduct observed, esp officially, within a particular profession.” Professional ethics concerns how members of a profession ought to behave in their capacity as professionals, i.e., how they should interact with others and fulfill their obligations to society or their clients. Professional ethics can be used narrowly to refer only to the formal codes that come from such professional organizations, but it can more broadly apply to areas such as cultural values, rules of practice, questions of morality, professionalism, and proficiency in performing professional work competently for all parties involved or harmed by that work.

Assignment Activity 2: Understand that ethics is an integral part of business practices

Ethics is an integral part of business practices as it emphasizes responsible decision-making and taking action that is beneficial to all those involved. The process of doing business will also be impacted by ethical issues such as whether or not a company can stand by its principles and still make profits, whether the firm should involve itself in social welfare or keep out of it, and how the company could be more socially responsible.

Businesses function within ethical limitations in order to manage legal requirements. Business ethics is important because, when practiced ethically, acquires public trust and provides business with the potential to optimize its opportunities for success; when practiced unethically it can lead to lawsuits or loss of patrons.

Assignment Activity 3: Describe what is involved in ethical leadership

Ethical leadership is a type of leadership that encourages individuals to be ethical in their decision-making process. Ethical leadership supports positive business practices, which are often supported by laws or industry standards.

Ethical leadership is based on consideration for others, concern with fairness, and the willingness to act ethically. The ethical leader should be aware of how his or her behavior impacts the other people in the organization. Depending on what he or she does, they can support or harm workers’ sense of involvement in their work and community. An ethical leader should be aware of how one’s behavior impacts workers, consumers, and the community. Organizations can benefit from considering what would happen, and the impact they will have on their workers and the community in which the organization operates.

Assignment Activity 4: Recognize the value and implications of professional ethical decisions

Professional ethical decisions require individuals to think about specific situations and their moral obligation. Knowing the difference between right and wrong is important in making professional ethical decisions, but it can also be more complex than that. There are no clear guidelines for making some of these decisions; instead, there are only guidelines for what you should not do. It can take careful consideration and good judgment to make the correct decisions.

One of the most important aspects of making professional ethical decisions is doing your research. Organizations, associations, rules, and regulations are all made available to professionals for their reference. Understanding these guidelines will help you make better decisions. Also, it is important that individuals understand that they are accountable for these decisions. This means that there may be some consequences for making poor decisions.

Assignment Activity 5: Describe the key elements of environmental ethics

The three key elements of environmental ethics are:

• The value of nature
• Human responsibility for future generations
• Including non-human values in our ethical decision-making process.

Nature is valued both intrinsically and instrumentally; it is considered important in itself, but also as necessary for human life and for other species’ existence. Human responsibilities toward future generations mean that we should act so our children will have a healthy planet to live on; however, this may not always be possible due to current issues already affecting Earth’s health. Additionally, if humans can’t do anything about an issue because society’s moral obligations may outweigh our personal moral obligations, we should recognize that non-human values have agency as well.

Assignment Activity 6: Explain different ethical and theoretical perspectives and apply the theories

Ethical theories such as utilitarianism, deontology, and virtue theory may be applied in different ways depending on the situation. Utilitarianism is a consequentialist ethical system; it states that we should act in a way that brings about the greatest net good for all affected by our actions. For business ethics questions related to the environment or sustainability, utilitarianism would be an appropriate ethical theory to use.

Deontology is a duty-based ethics system; it argues that individuals must make decisions based on moral duty, not on the consequences of those actions. Organizational leaders can assess their current actions and act according to the deontologist approach when making future decisions. For instance, if company leaders realize that certain goods or services can lead to negative consequences for society, then they should avoid providing these goods and services in order to stay true to this ethical system.

Finally, virtue theory is an ethical system based on character; it states that we should follow the virtues and avoid following vices (ex: courage and temperance). When considering professional ethics in business leadership, virtue theory may be applied when we consider the character and actions of our leaders. We may want to avoid electing individuals who only exhibit vice as their dominant trait.

Assignment Activity 7: Analyze how to deal with professional, contractual, and legal issues within a business and professional environment

Professional, contractual, and legal issues are the three most significant factors in business environments that create ethical dilemmas. With professional ethics, there are no clear guidelines; we should only use our best judgment when solving these types of problems.

Contractual obligations also lack specific ethical guidelines; however, we can consider our moral duty to fulfill contracts because it would be difficult to find a replacement for the existing contract. As far as legal concerns go, individuals should follow local, state, and federal laws because they are already established guidelines. Additionally, we may consider looking at how others have resolved similar problems in order to solve our own issues.

Assignment Activity 8: Identify ways to develop their personal responsibility towards achieving positive change in society

Individuals can take personal responsibility by developing environmental ethics, critical thinking skills, and leadership abilities; these are the keys to making positive changes in society. When taking on any new project or task, individuals should consider what they can learn from it as well as the possible consequences of their actions. With environmental ethics specifically, it is important to protect our natural resources and to reduce our carbon footprint because we can directly impact the environment.

Individuals should also practice critical thinking when faced with ethical dilemmas in professional environments by considering multiple perspectives and asking questions about their current work situation. Leaders are ultimately responsible for the actions of those they lead, so it is important for them to create a strong ethical foundation in their organization. They must be aware of everyone’s perspective in order to solve problems that arise within an organization.

Assignment Activity 9: Discuss good management, employment rights, and how the economic system deals with opportunities related to employment

Good management begins by creating opportunities for all employees to advance based on merit, not on personal or social factors. Utilitarianism is the best approach for managers when creating policies because it would provide the greatest good for all employees. For instance, if a company’s policy was to give entry-level positions only to those who have family in the company, then managers should consider changing this policy because it would exclude others from employment based on factors that are outside of their control. Employers should also value work-life balance by allowing employees to take time off from work for family obligations or leisure activities.

In the economic system, opportunities related to employment revolve around a person’s ability to find a job and keep a job. Individuals must be able to find a job in order to stay financially stable and support themselves and any dependents they may have. For those who lose their jobs, unemployment benefits provide individuals with temporary financial assistance until they can find another job. In terms of keeping a job, it is important for employers to recognize the rights of all employees as stated by law as well as the responsibilities of the employer. Employers should also provide employees with a safe working environment and a minimum wage that is not below the current federal poverty level.

Topics Covered in OUMM3203 Professional Ethics Assignment Sample

This course is divided into 10 topics, with short summaries for each topic below:

Topic 1. The topic of morals can be difficult to understand, but this course will introduce you to fundamental concepts and theories. You’ll learn about the history and development of ethical theory in order for critical analysis against current social problems like poverty or animal rights abuses!

Topic 2. The second topic in this series focuses on how to engage with stakeholders and why that is important. Stakeholders are individuals or groups who can be affected by the actions, decisions, and policies of an organization; they may not always like what’s going on but it’s important to know how your preferences affect other people too!

Topic 3. This topic discusses the question of finding a balance between economic performance and social responsibility when faced with an ethical dilemma. It also talks about ethics in Islam, which seems like it could be quite interesting to study further because there are so many different perspectives on how one should act ethically or not based on their religious beliefs.”

Topic 4. The fourth topic of this course is devoted to examining the role law plays in business decisions. Topics covered include how the legal system works, different types of lawsuits, and their effects on organizations along the basic process involved in managing these risks when they occur.

Topic 5. Topic focus on unethical behavior in an organization. The causes of occurrence are discussed as well as the responsibilities for preventing it from happening at all levels, including those held by senior management.

Topic 6. The topic explores the concept and effects of corporate social responsibility. You’ll learn how to manage it effectively in your organization, including what not to do!

Topic 7. The future of corporate governance is discussed in this topic. Topics include what it means, why we should study it and how things may change over time because the world around us changes so often with technology always evolving faster than ever before.

Topic 8. The economic systems of employment are outlined in this topic. These include general topics such as labor, human resources management, and entrepreneurship with more specific focuses on trade unions, job search strategies for the unemployed or an underemployed person looking for better opportunities within an economy that is still recovering from a recessionary period if applicable; ways to keep up-to-date through training programs offered either by employers themselves (and at their own expense), educational institutions specializing specifically in this field, etc.

Topic 9. The topic discusses the employee’s right to privacy and instances where this right has been violated.

Topic 10. The meaning of loyalty to a company or an organization is discussed in this topic.

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