discussing the effectiveness in making better organizational decisions by applying the knowledge of normative ethical theories. The first step to make an ethical decision is recognizing the moral issue. (Jones and Ryan‚ 1998) The knowledge of normative theories would aid decision maker in recognizing the moral issue. I will begin with the virtue ethics of the normative ethical theories that tell us in order of making an ethical decision‚ the integrity or character of the decision-maker is more important
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situations is attained. “The creed which accepts as the foundation of morals ’utility’ or the ’greatest happiness principle’ holds that actions are right in proportion as they tend to promote happiness; wrong as they tend to produce the reverse of happiness” - John Stuart Mill. This particular quote refers to the utilitarian approach which states that in all our actions we must always strive to produce the greatest possible balance of good or evil. The utilitarian approach deals with consequences. It
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BUS 204-OL Reflection on personal approach to ethical decision making in the workplace June 1‚ 2010 My personal approach to ethical decision making in the workplace has been fairly easy thus far. Being a stay at home mom for much of my early days and working for the same organization the last fifteen years has not provided a multitude of different environments in which I can compare one to the other. I can say through the years‚ however‚ I have seen the sensitivity increased around the subject
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Ethical and Legal Obligations Ethical and legal obligations apply to all members of society. As one in society‚ the obligation to act in an ethical‚ law abiding manner on a daily basis is vital to the integrity of daily life. Many professions have their own code of ethics. Financial reporting is not exempt from such ethical and legal standards. One’s lively hood depends on decisions made in the business world. Business transactions are done daily and can impact one’s economic stability.
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Ethical Decision Making in the Workplace Sara had to make a harsh but responsible decision in this episode to terminate shift supervisor Ronnie’s employment. I don’t feel that this was a decision that Sara wanted to make but it was the right decision for the future success of the business. Sara’s decision was primarily based on Ronnie’s terrible attitude towards the customer’s but he also didn’t have the best work ethic or customer service skills. Ronnie displayed many negative traits for someone
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Introduction Explores the ethical works of Hannah Arendt What Guides Ethical Decision Making A processor manufacturing company who are currently facing financial troubles completed an order about three months ago for newly designed high-powered processors that are smaller than and four times as powerful as its predecessor. These processors are to be placed into cutting edge cellular phones by a leading cellular phone manufacturer whose release date is a mere month away. A design inconsistency was
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problem the three foundational ethical principles of utility‚ justice‚ and respect for persons. These principles create a framework for the equitable allocation of scarce organs for transplantation. To solve the ethical challenges Ms. New shall apply the eight key steps before taking any action. Multistep decision-making Step One: Clarify the conflict Step Two: Identify all stakeholders and values Step Three: Understand the circumstances surrounding the ethical conflict • Takes utility into account
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ETHICAL DECISION MAKING AND ETHICAL LEADERSHIP To improve ethical decision making in business‚ one must first understand how individuals make ethical decisions in an organizational environment. Too often it is assumed that individuals in organizations make ethical decisions in the same way that they make ethical decisions at home‚ in their family‚ or in their personal lives. Within the context of an organizational work group‚ however‚ few individuals have the freedom to decide ethical issues
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Merck and Vioxx: An Examination of an Ethical Decision-Making Model Erin Cavusgil ABSTRACT. Marketing researchers have proposed various conceptual models of ethical decision-making to better clarify the steps in the decision-making process. However‚ lacking in the literature is comprehensive empirical validation of these models. This manuscript examines the ethical decision-making model proposed by Ferrell et al. [1989‚ Journal of Macromarketing 56(Fall)‚ 55–64] in the context of a real-world
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Values and Ethical Decision Making/Scenario Team B Lakisha Bradley‚ Telisa Jupiter‚ Charlene Gillette‚ Jasmine Hives‚ and Stacey Lamb MGT/521 Steven Perret February 12‚ 2012 Values and Ethical Decision Making/Scenario Team B will be evaluating the personal values‚ organizational values‚ and ethical decision-making processes of Our Lady of the Lake Regional Medical Center. Members will also evaluate how one team member’s value and ethic assessment align with one scenario regarding the organization
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