1. You are negotiating a contract with a potentially very large customer whose representative has hinted that you could almost certainly be assured of getting his business if you gave him and his wife an all-expense-paid cruise to the Caribbean. You know the representative's employer wouldn't approve of such a "payoff," but you have the discretion to authorize such expenditure. What would you do?
2. You have the opportunity to steal $100,000 from your company with absolute certainty that you would not be detected or caught. Would you do it?
3. Your company policy on reimbursement for meals while traveling on company business is that you will be repaid for your out-of-pocket costs, not to exceed $60 a day. You do not need receipts for these expenses-the company will take your word. When traveling, you tend to eat at fast-food places and rarely spend in excess of $15 a day. Most of your colleagues put in reimbursement requests in the range of $45 to $50 a day, regardless of what their actual expenses are. How much would you request for your meal reimbursements?
4. Another executive, who is part of a small planning team in which you are a member, frequently has the smell of alcohol on his breath. You have noticed that his work has not been up to standard lately and is hurting your team's performance. This executive happens to be the son-in-law of the company's owner and is held in very high regard by the owner. What would you do?
5. You have discovered that one of your closest friends at work has stolen a large sum of money from the company. Would you: Do nothing? Go directly to an executive to report the incident before talking about it with the offender? Confront the individual before taking action? Make contact with the individual with the goal of persuading that person to return the money?
identify the benefit of using stakeholders approach in ethical 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 question "If your actions were published in the newspaper, could you live with it?" is commonly asked in the virtue ethics approach to ethical decision-making. In virtue ethics, individuals are encouraged to consider whether their actions align with virtuous principles and if they would be comfortable with their actions being publicly known.
An employee can take an ethical stand by first clearly articulating their concerns to their superior, providing well-reasoned arguments and evidence to support their perspective. If the superior remains firm, the employee should consider escalating the issue to higher management or the ethics committee, if available. It's also important to document their concerns and any discussions to protect themselves. Ultimately, the employee must decide whether to comply with the decision or seek alternatives that align with their ethical beliefs.
happiness can not be measure.
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.
Ethical decision occur on the following levels:IndividualOrganizationalBusiness system
The SAD formula stands for Situation, Action, and Decision. It is a structured approach to ethical decision-making that helps individuals analyze a situation by identifying the ethical issues involved, considering possible actions, and evaluating the implications of those actions. By systematically breaking down a dilemma, the SAD formula aids in clarifying values, understanding consequences, and fostering accountability, ultimately leading to more informed and ethical choices.
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
An ethical question is one of fairness or right and wrong.