Ethical decision making in business
[DOC File]Chapter 5 – Business Ethics and Ethical Decision Making ...
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When a business entity decides to respond to what it sees as a moral or ethical obligation by removing a product from the market, an ethical conflict is raised between the firm and its employees and between the firm and its share-holders. This conflict arises directly out …
Ethical Decision Making In Business | MBA Tutorials
Any business or institution interested in ethical sustainability will devote some on-going time and energy to a good faith discussion of the compatibility of the business’s practices with what it holds to be its most important values. It is quite easy – and natural - to answer all the questions in the steps above through the lens of one ...
[DOCX File]Chapter 01: Business Ethics - TestBank978
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Ethical Dilemmas. A. The Layoff. Prescriptive Approaches to Ethical Decision Making in Business. Focus on Consequences (Consequentialist Theories) Focus on Duties, Obligations, and Principles (Deontological Theories) Focus on Integrity (Virtue Ethics) Eight Steps to Sound Ethical Decision Making in Business. Step One: Gather the Facts
[DOCX File]Ethical Decision-Making Model - Weebly
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Once it is determined that the problem is not a right vs. wrong, that indeed an ethical dilemma exists. One examines how one is thinking about the situation and begins to try and resolve the dilemma. The Ethical Decision Making Process: Kidder lays out nine (9) checkpoints for Ethical Decision Making: 1. Recognize there is a moral issue; 2.
[DOC File]Case Study: Affirmative Action
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3.12 Individual Ethical Decision-Making Styles. 3.13 Quick Ethical Tests. 3.14 Concluding Comments. lecture outline 3.1 Ethical Dilemmas, Decision Criteria, Moral Creativity, and Ethical Reasoning. Ethical dilemmas in business usually involve tough choices that must be made between competing interests.
[DOCX File]Chapter 01: The Importance of Business Ethics
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Decision-making is the primary job of a manager, entrepreneur, accountant, etc. Some of these decisions may involve ethical dilemmas. For example: a manager may consider laying off workers. This is an ethical decision as well as a business decision since it involves the livelihood of workers who have families to support.
[DOC File]An Outline for Ethical Decision-Making
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Chapter 5 – Business Ethics and Ethical Decision Making – Summary . Business ethics comprises principles and standards that guide individual and work group behavior in the world of business. Stakeholders determine these conventions, and they may change over time. The most basic of these standards have been codified as laws and regulations.
[DOC File]www.personal.psu.edu
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An individual’s personal moral values are only one factor in the ethical decision-making process. True, moral values can be applied to a variety of situations in life, and some people do not distinguish everyday ethical issues from business ones. Although truthfulness, honesty, fairness, and openness are often assumed to be self-evident and ...
[DOC File]Introduction to Ethic Decision Making
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Making Ethical Decisions. Teacher Directions: In groups of 3, students will pick one of the following Case Studies. Provide several copies of each case study and allow them to pick without looking at the case study title. ... This project is similar to the FBLA Business Ethics competitive event.
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