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Does overconfidence make it harder for people to make decisions?
yes
How do people make optimal decisions?
they think of it lol...well first they have an idea and they think hard about it and they make there decisions>.
Examples of economic choices you have to make?
different people make different economic decisions
How are command economy decisions made?
Typically, one person or a small group of people in the government would make the decisions.
In a market or capitalist economy who makes the economic decisions?
The people in the market make these decisions on an individual basis.
Why do people use to church to help them make moral decisions?
Can't figure them out on their own....
What famous people have made moral decisions?
All people, famous and unknown, eventually are forced to make a moral decision at some point in their life. So, all of them.
What other examples of everyday moral decisions young people might make?
Whether watch or not :P
What teachings do Christians use to make moral decisions?
The moral teachings of Christianity are founded on the second great commandment taught by Jesus, "You shall love your neighbour as yourself." There is very little that is not captured by that command.
A person utilizing the deontological ethical theory to make decisions makes the correct moral choice based on?
a person utilizing the deontological ethical theory to make decisions makes the correct moral choice based on?
How do Muslims make moral decisions?
Moral decisions are based on the values per Quran and prophet Muhammad (PBUH) teachings. Refer to related question below.
Do you think Christians should only use the teachings of the Church for making moral decisions?
I disagree because to make a moral decision a combination of authorities are needed to make the right decision on moral issues.
What principles should base your moral decisions on?
By ignoring what other people say about them
What are the element of judgment?
Moral ImaginationThis term refers to the ability of a person to recognize that business, moral or ethical relationships do not exist independent of one another but instead are intertwined. A person with moral imaginations is sensitive to ethical issues as he makes business decisions and thinks of the subtle or unforeseen ways people may be hurt by specific decisions. Those with moral imagination see past the bottom-line mentality and recognize that everyday choices have moral and ethical implications.Moral Identification and OrderingOnce a person recognizes moral issues exist, it is necessary to identify and rank, or prioritize, the issues. A person who can order and identify these ethical problems can distinguish the valid and important from the rhetorical. The person can recognize which moral questions are relevant and know that moral issues can be prioritized and addressed. For example, a leader with this quality can identify the need for worker privacy and worker safety in a particular situation and decide which should take precedence.Moral EvaluationThe third element of moral judgment is moral evaluation, or using analytical skills to reason out practical decisions. Those competent in moral evaluation use consistency and coherence in their ethical decision making, develop systems for making moral decisions and understand and identify moral and economic results of decisions. These people have foresight and make decisions based on a concern for others as well as the goals of the organization.Tolerance of Moral AmbiguityThe fourth aspect of good moral judgment is the understanding that there is ambiguity and disagreement in ethical decision making. If a person accepts that disagreement in a discussion of ethics, the person is more likely to make morals a part of the decision-making process. This element says that despite lack of clear-cut answers, people can make decisions that represent the best ethical choice as they understand it, knowing that others may disagree.Integration of Managerial and Moral CompetenceMost ethical scandals that organizations have are created as the result of economic decisions. Leaders need to recognize that there are business and economic consequences of ethical decisions, and moral competence is an integral part of managerial or leadership competence. Leaders who understand this element can foresee ethical problems and lead ethical decision making.Moral ObligationThis element is foundational to all the other elements. The person with moral obligation feels a necessity or urgency to act with a concerns for justice, due process and fairness to all peoples, groups and communities. This sense of integrity or moral urgency is the motivating force to making moral judgments and implementing ethical decisions.
Which is a basic principle of utilitatianism?
The theory that speculates that the best way to make moral decisions is by associating pleasure directly with happiness and pain with unhappiness and then opting for the most pleasure for the greatest number of people.
Science is impartial and does not make ethical or moral decisions true or false?
Science is a process of modeling reality and as such does not seek to interfere with it.
Explain which moral philosophy you feel is best suited for making business decisions and why?
Explain which moral philosophy that you feel is best suited for making business decisions and why?
