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Pretty Bhalla, Lovely Professional University                                Unit 12: Ethics in Negotiation





                             Unit 12: Ethics in Negotiation                                     Notes


            CONTENTS
            Objectives
            Introduction
            12.1 Ethics

            12.2 Nature and Value of Management Ethics
                 12.2.1  Individual Character Ethics
                 12.2.2  Work Character Ethics
                 12.2.3  Professional Character Ethics
            12.3 Four Perspectives on Ethics

                 12.3.1  Ethics and Individual Behaviour
                 12.3.2  Organizational Ethics
            12.4 Internal Ethical Issues
            12.5 Child Labour
            12.6 Applying Ethical Reasoning to Negotiation
            12.7 Ethics versus Prudence versus Practicality versus Legality

            12.8 The Consequences of Unethical Conduct
                 12.8.1  Explanations and Justifications
            12.9 Detecting Deception
            12.10 Cross-cultural Ethical Issues
            12.11 Resolving Ethical Issue

            12.12 Ethics as a Competitive Advantage in Global Business
            12.13 Implications for Managers
            12.14 Ethics in Negotiations
            12.15 Summary
            12.16 Keywords
            12.17 Review Questions
            12.18 Further Readings


          Objectives

          After studying this unit, you will be able to:
              Define and explain ethics, fairness and trust in negotiation

              Discuss about values and behaviors in negotiations
              State the substantive and procedural fairness in negotiation
              Discuss bases and relationship in negotiating trust




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