identify the benefit of using stakeholders approach in ethical making
Ethical Leadership can be evaluated on the of ethical decision making, ethical communication and ethical team building.
Identify the problem, identify any competing ethical positions or principles, and go over ethical guidelines.
Religious beliefs are very important when it comes to ethical decision-making. Some other factors are the education received from the parents and school.
A Kantian approach emphasizes the importance of moral duty and the principles of universalizability and respect for persons. It advocates for actions to be guided by reason and the categorical imperative, which suggests that one should act only according to maxims that could be universally applied. This framework promotes ethical consistency and accountability, encouraging individuals to treat others as ends in themselves rather than as means to an end. Ultimately, it offers a rational basis for moral decision-making that prioritizes autonomy and ethical responsibility.
In this situation, the ethical approach would involve adhering to principles of transparency and integrity. Accepting the gift could create a conflict of interest or the appearance of bias, potentially compromising the negotiation process. It is crucial to evaluate the organization's policies on gift acceptance and consider politely declining the gift, explaining the importance of maintaining fairness and professionalism in the negotiation. This helps to uphold ethical standards and preserve trust in the client relationship.
Adopting a principled approach in decision-making processes can lead to more ethical and consistent outcomes. It helps in maintaining integrity, building trust, and making decisions based on values rather than personal biases. This approach can also enhance accountability and promote fairness in decision-making.
In ethics one must approach the situation from the ethical relativism point of view. Ethical relativism places the decision between right or wrong with the group of people affected.
the ability and willingness to reflect on values in the course of the organization's decision-making process, to determine how values and decisions affect the various stakeholder groups
All of these are considered utilizing stakeholder theory: Shareholders, Customers, and Employees.
Deontology in ethical decision-making emphasizes following moral rules and duties, which can provide clear guidelines for behavior. This approach prioritizes principles like honesty and respect for individuals, leading to consistent and principled decision-making. It also promotes the idea of treating people as ends in themselves, rather than as means to an end, fostering a sense of respect and dignity in relationships.
Transformational
happiness can not be measure.
Ethical decision occur on the following levels:IndividualOrganizationalBusiness system
Ethical Leadership can be evaluated on the of ethical decision making, ethical communication and ethical team building.
The kind of action that results from an ethical decision is a consequence. Ethical decisions come from a person's personal standards of what is right and wrong.
explain what ethical decision making entails in ideal forms
The most frequently occurring ethical violations in finance relate to insider trading, stakeholder interest versus stockholder interest, investment management, and campaign financing.