To resolve an ethical dilemma, a person must either know or identify the ethics and values they hold dear. Based on those identified ethics, the person must then weigh the pros and cons of the available choices. For some people in certain situations, a ethical question never becomes a "dilemma" because the person is firmly grounded in one set of beliefs so there is only one "choice". For example, Sally is asked to help kill her girlfriend's husband. Sally is adamant that "killing is wrong" and she refuses; she instead calls the police. But in other situations, our stated ethics become in conflict with the current situation. Again, using Sally as an example, she has always said "all killing is wrong, even abortion!" But at the age of 40, Sally suffers a low back injury that leaves her in severe daily pain. At age 41, her husband divorces her, leaving her with 4 children to feed. Within a month of the divorce, Sally discovers that she became pregnant just before the divorce, from a night when she tried to "please" her husband so he would stay and not leave her. At 41, with a severe back injury and pain, and needing to support her 4 existing children, Sally considers abortion, even though it is in direct contradiction to her previously held values/ethics. How Sally resolves the "rightness or wrongness" of her ethical dilemma will rest on how she processes the pros and cons, along with reviewing her stated values, in order to come to a decision.
It is important to note that often in life, we can only choose between a "bad" and an equally "bad" choice. Sometimes, "right" and "wrong" has NO clear dividing line. Sometimes all we can do is pick one of the "bad" choices even when we detest both choices.
According to the Utilitarian framework, the most ethically sound decision is the one that produces the most good for the greatest number of people.
Ethical dilemmas and ethical violations in finance can be attributed to an inconsistency in the conceptual framework of modern financial-economic theory and the widespread use of a principal-agent model of relationship in financial transactions.
The concept of ethical dilemmas encompasses the decisions public speakers have to make to ensure that they are being true to themselves, their listeners, and their subject.
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Irregular warfare environment
Irregular warfare environment
Entrepreneurs may encounter various ethical dilemmas, such as conflicts of interest, issues of transparency, or unfair labor practices. However, a potential ethical dilemma that would not typically apply is the choice between maximizing profits and ensuring environmental sustainability, as this is often a consideration rather than a dilemma. In contrast, dilemmas involve situations where moral principles conflict, making it challenging to decide on the right course of action.
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Some potential sources of ethical dilemmas in academic work include not quoting sources, resulting in either intentional or unintentional plagiarism; using flawed research materials, resulting in erroneous results; and bias in conducting and reporting research. These are the most commonly occurring ethical issues in academic work.