Business Ethics
Solution go to problem
This should provide you an overview/template; be sure to add your own opinion, I have listed several additional sources for you:
1. What makes an ethical decision or issue ethical? How would you explain the differences between ethical/nonethical and ethical/unethical? What ethical issues or dilemmas have you experienced in the workplace?
Decision-making is one of the fundamental keys to the survival of an organization, more so now that economic boundaries between countries crumble, business becomes more complex, and the results of decisions often have global impact. Decisions are made constantly in business; it is the part and parcel of being effective in one 's job. Innovation and improvement on a regular basis are required to maintain and improve the ability to make rational decisions, and some psychologists even believe that the ability to make effective decisions is at the core of the individual 's success of failure within their organization (Porter, 1998). Managers, in particular, realize that if their organizations are to survive in this dynamic and uncertain environment, they have to make decisions concerning new business opportunities, products, customers, suppliers, markets and technical developments. This clearly indicates that the most important managerial attribute is the ability to make the right decision. The outcomes of the decisions will be used as the benchmark to evaluate whether managers are successful (Drucker, 2001).
However, not all decisions can be made on a relaxed or considered timetable. Most managers would prefer a reflective form of decision making, one in which they had a bit of time to review the options, to do any primary or secondary research, and to glean views and opinions for colleagues. In an ideal situation, this would be possible - but as we know, day-to-day business decisions are not idea. Sometimes expedient decision making must occur, and for that, businesses must rely on the experience,
This should provide you an overview/template; be sure to add your own opinion, I have listed several additional sources for you:
1. What makes an ethical decision or issue ethical? How would you explain the differences between ethical/nonethical and ethical/unethical? What ethical issues or dilemmas have you experienced in the workplace?
Decision-making is one of the fundamental keys to the survival of an organization, more so now that economic boundaries between countries crumble, business becomes more complex, and the results of decisions often have global impact. Decisions are made constantly in business; it is the part and parcel of being effective in one 's job. Innovation and improvement on a regular basis are required to maintain and improve the ability to make rational decisions, and some psychologists even believe that the ability to make effective decisions is at the core of the individual 's success of failure within their organization (Porter, 1998). Managers, in particular, realize that if their organizations are to survive in this dynamic and uncertain environment, they have to make decisions concerning new business opportunities, products, customers, suppliers, markets and technical developments. This clearly indicates that the most important managerial attribute is the ability to make the right decision. The outcomes of the decisions will be used as the benchmark to evaluate whether managers are successful (Drucker, 2001).
However, not all decisions can be made on a relaxed or considered timetable. Most managers would prefer a reflective form of decision making, one in which they had a bit of time to review the options, to do any primary or secondary research, and to glean views and opinions for colleagues. In an ideal situation, this would be possible - but as we know, day-to-day business decisions are not idea. Sometimes expedient decision making must occur, and for that, businesses must rely on the experience,
References: Delacampagne, C., (2001), A History of Philosophy in the 20th Century, Johns Hopkins University Press. MacIntyre, A. (2006), A Short History Of Ethics, Routledge. Roochnick, D. (2004), Retrieving the Ancients: An Introduction To Greek Philosophy. Wiley. Saunders, J. (1997), Greek and Roman Philosophy After Aristotle, Free Press. Scruton, R. (2001), A Short History of Modern Philosophy, Routledge. Syse, H. (2004), Natural Law, Religion, and Rights, St, Augustine 's Press. Tompkins, S. (2006). A Short History of Christian Philosophy, Eerdmas.