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IGNOU's MMPC 020 course on Business Ethics and Corporate Social Responsibility (CSR) involves exploring the ethical dimensions of business practices and understanding the responsibilities of organizations towards society and the environment. Here's an in-depth guide to help you effectively study for this course:Introduction to Business Ethics and CSR:Define business ethics and CSR and their importance in contemporary business contexts.Understand the ethical challenges faced by organizations and the rationale for integrating CSR into business strategies.Ethical Theories and Frameworks:Explore different ethical theories, including utilitarianism, deontology, virtue ethics, and stakeholder theory.Understand how ethical frameworks can be applied to analyze and resolve ethical dilemmas in business.Corporate Governance and Ethical Leadership:Study the principles and practices of corporate governance, including board roles and responsibilities, transparency, and accountability.Explore the role of ethical leadership in promoting integrity, trust, and ethical behavior within organizations.Ethical Decision Making:Learn how to identify and analyze ethical issues and make ethical decisions in business settings.Study decision-making models and ethical decision criteria, such as utilitarianism, rights, justice, and care.Ethics in Marketing, Finance, and Operations:Explore ethical issues and challenges in marketing practices, such as advertising, pricing, and product safety.Study ethical considerations in financial management, including accounting practices, financial reporting, and investment decisions.Understand ethical dilemmas in operations management, such as supply chain management, production processes, and labor practices.Ethics in Human Resource Management:Study ethical issues related to recruitment, hiring, training, performance evaluation, and employee relations.Explore topics such as equal employment opportunity, diversity, harassment, and workplace safety.