ethical decision makingethics codeethical judgmentethical responseethical deliberationethical responsibilityThis chapter discusses 17 steps helpful in thinking through ethical dilemmas. Eight are versions of those appearing in the Canadian Code of Ethics for Psychologists (3rd Edition). The 17 steps are...
Ethical decision-making is the process for an individual to follow in order to make a decision guided by ethical principles and values. It is important for decision-makers in the workplace to make ethical decisions to protect different people that are working there and for the team to facilitat...
5. Calculate the Expected Values and Make a Decision Compare the business criteria outcomes with the ethical criteria outcomes・ For example, the dollar costbenefit analysis (business criteria) may be very positive, while the effects on certain stakeholders such as employees or the community may ...
To make an ethical decision, "Ethical Investments Inc." decides not to invest in the company despite the potential financial gains. They prioritize their commitment to ethical principles,social responsibility, and sustainability. Instead, they look for alternative investment opportunities that align with...
Related to this QuestionDescribe the four key ethical approaches when making business decisions. What are the five different approaches to evaluating ethical dilemmas? If a manager is using the four-step framework to make an ethical decision, when should the five app...
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Maintain integrity in decision-making:Ensure that your decisions reflect ethical considerations and the best interests of your team and organization, reinforcing the value of integrity. Reassess regularly:Make leadership assessment a regular part of your development cycle to ensure ongoing growth and adapt...
Anwar and his supporters maintain that all the charges were trumped up to end his political career. Mahathir, now in his second stint as prime minister, has since publicly declared that he will step down in two years and make way for Anwar to become the country's eighth prime...
Every decision I make should benefit not just me, but everything I'm responsible for. So I run my decision making through three filters: Does it impact my family and me in an ethical, moral, and positive way? Does it help my businesses and their growth plans?
The overarching goal of business development is to make a company more successful. It can involve many objectives, such as sales growth, business expansion, the formation of strategic partnerships, and increased profitability. The process impacts every department, including sales, marketing, manufacturing...