Introduction
Many ethical dilemmas are philosophical in nature, an ethical issue can be described as a problem with no clear resolution. In order to solve the issue or dilemma a consensus between the parties involved must be reached. There are several reasons to come to an agreement over an ethical dilemma, it is the basis for all aspects of personal and professional dealings. Each one of us is part of a civilized society and as such it is our responsibility to be rational, honest and loyal in our dealings with others. (Alakavuklar, 2012) states that individuals make decisions for different situations in business life involving various ethical dilemmas. Each time either consciously or unconsciously individuals may follow some ethical approaches
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Deontological moral systems are best characterized as a focus upon adherence to independent moral values. To make the correct moral decisions, we have to understand what our moral duties are and what correct rules exist to regulate those duties. When we follow our duty, we are in fact behaving morally and we are respected for this good behavior. When we fail to follow our duty, we are behaving immorally, which suggests that decisions should be made while firmly standing-by a pre-determined set of rules, and that is exactly what I did. In following the duty theory, an action is morally right if it is in accord with some list of duties and obligations, and I followed the recruitment and selection process put in place by the …show more content…
I discovered how sticking to one’s morals should be the topmost priority for everyone involved in business, whether personal or professional. Regardless of what the consequences may be, the intensity of the problem, and the complexities it may bring, sacrificing one’s integrity should never be an option, as integrity goes hand-in-hand with the morals of an individual (Duggan & Woodhouse, 2011). They further go on to say that having individuals take part in building a code of ethics that supports employee integrity, they will act ethically. Also, I believe that companies should place more emphasis on the moral behavior of their employees, and clear-cut policies should be set regarding such ethical situations. Furthermore, I realized how serving justice while making decisions really helps in the long run, and that opting to go for the ideal rather than they deserved is not always the best option, and could hurt a company in more than one
Throughout your life, you’ll face tough decisions where you'll have to decide possibly against your ethical beliefs. Ethics don’t necessarily always have to involve law abiding. It’s rather about trusting your moral path and doing the right thing. Dori Meinert is the author of “Creating an Ethical Workplace” she explains the thought behind the never black or white decision making when it comes to businesses. Can businesses truly trust those individuals hired to steer their companies? It was mentioned that last year 41 percent of U.S. workers said they observed unethical or illegal misconduct on the job, according to the Ethics Resource Center's 2013 National Business Ethics Survey. Meinert’s article was not only eye-opening but very truthful since we’ve all been faced or witnessed unethical decision making. Once employees see individuals breaking the rules and regulations others will then think it's okay, which could result in employees leaving or major hoops for companies to jump through. When we tolerate misconduct we lower productivity and diminish the reputation of a company. Meinert mentioned that if
Do you agree with Schmeltekopf that business schools are not preparing students well for the for the ethical challenges they will face in the workplace? Why or why not?
On April 24th, 2014, one simple recording released by TMZ made Donald Sterling, owner of the NBA’s Los Angeles Clippers, the most hated man in America. In this recording, Sterling ranted over the fact how he did not want V. Stiviano, his partner, to be affiliated with any African Americans. As a result of his racist statements, fans, athletes, and sports organizations/members, voiced their opinions on the matter, flourishing social media. Many star players such as LeBron James, Michael Jordan, Magic Johnson, and a majority the Clippers players acknowledged that something had to be done, and that the NBA is no place for racism. In the end, after team owners took a vote, NBA commissioner Adam Silver held a press conference enlightening the public
I am on my way home from work and I notice a car flipped over on the side of the road. The car is leaking gas and no one has bothered to pull over to tend to the people inside. I notice this car is similar to my husband’s, so I pull over as fast as I can and race to the flipped car. When I look inside, I notice it is my husband and another women. My husband is still conscience and he mouths to me “I’m so sorry honey.” And from that second, I knew he was having an affair with the woman in the car. The car suddenly catches on fire, and I realize I have only a second to get someone out of the car and fast. I can get the woman out with no problem and save her life, but I won’t have time to go back and save my husband. My husband is losing a lot of blood and if I do manage to get him out, it’s a slim chance he may still. If I tend to my husband’s lover, he will indeed bleed to death but if I tend to my husband, I will save him for the moment but it’s not a definite chance he will make it. I have to choose whom to save but f...
At times in a person’s life, they might come across a few situations that leave them with a major decision between two or more options that challenge what they believe or what they might think is wrong or right. These are known as ethical dilemmas. Be it seeing a friend steal something and choosing between being honest and speaking up or letting it go. It can also be getting paid more than you earned and deciding if you’re going to be greedy and keep the money or return it. We run into these situations in our lives, some bigger and more influential on our destiny’s while others are small with no real consequences.
For this paper Washington Mutual has been selected to show how the ethical decision making process can be achieve. When it comes to business ethics in the workplace Washington Mutual has designed what can be considered a well balanced workplace with behaviors that are aligned with their moral values and business ethics. Business ethics are sometimes depicted as resolving conflicts where one option can appear to be the correct choice. There are many different ethical dilemmas that are faced by managers and leaders everyday that are highly complex and have no clear choice or guidelines to assist in making the choices for resolution. There are times when an employee has to decide whether or not to cheat, lie, steal, or break their contract. These ethical decisions are real-life situations where they are forced to make on a daily basis. This is why it is ultimately important that all employee know the six steps to ethical decision making that the company uses.
Ethical issues in business arise because of conflicts between an individuals personal moral philosophies and values and values or attitudes of organization in which a person works and a society in which one lives. Ethical issues can be identified in terms of the major participants and functions of business. Ethical issues related to ownership include conflicts between manager’s duties to the owners and their own interests, also separation of ownership and control of business. Financial issue includes, for example, the accuracy of reported financial documents. Ethical issues can acquire between manages and employees, then employees are asked to carry out assignments they consider unethical. Consumers and marketing issues are related to providing safe desired products for a fear price and not harming people and an environment. Accountants also face ethical dilemma, they have to deal with competition advertising commission. All of this places the accounting profession in situation of ethical risk.
The term “ethical business” is seen, by many people, as an oxymoron. This is because a business’s main objective is to make as much money as possible. Making the most money possible, however, can often lead to unethical actions. Companies like Enron, WorldCom, and Satyam have been the posterchildren for how corporations’ greed lead to unethical practices. In recent times however, companies have been accused of being unethical based on, not how they manage their finances, but on how they treat the society that they operate in. People have started to realize that the damage companies have been doing to the world around them is more impactful and far worse than any financial fraud that these companies might be engaging in. Events like the BP oil
While our organization prides itself in a well-defined and thorough code of ethics, there are occasions where situations arise, but the solution is not clearly defined within our code. In such a case, it is critical to develop a decision making framework that allows our employees to make a decision while operating within the moral guidelines of our corporation. In the hope that we can eliminate discrepancies, Royal Dutch Shell has created an ethical decision strategy that will make clear the ethical standings of our corporation and ensure a consistent decision making process. Our decision making process is focused on our stakeholders, and how we can maximize their benefit.
An ethical dilemma is only examined in a situation which has the following conditions; the first condition takes place in a situation, when an individual has to make a decision on which course of action is best. The second condition is there must be more than one course of action to choose from. The third action is no matter what course of action is taken, certain ethical principles are conceded. In other terms, there is no perfect result. When defining what forms an ethical dilemma, it is important to make a division between ethics, morals, values, laws and policies.
There is always a wrong and a right way to run a business, and the right was is to establish codes of conducts that all employers and employees operate by. As a leader one should practice being ethical in all business and personal affairs. Good employees will have problem maintaining set ethical standards when properly informed of what is expected as an employee. Ruddell (2004) believed, those who conduct their business in an ethical manner will do well in the long-run. Grade (2003), demonstrated that employer/employee relationships are were established to glorify God and benefit the company. Although God provides great opportunities through employer/employee relationships does not mean that temptation will not arise and cause sin through dishonesty
What is dilemma? Dilemma means when one has to select a choice in a difficult situation. Now what is ethics? Ethic means selection between rights things and wrong things and knowingly chooses the right side of the situation. In today’s society we are facing ethical dilemma on regular basis which force us to use our judgment relevant to the problems. According to the philosopher 's point of view our moral values helps to choose the right path and teach us to behave in the society. Similar concept applies in business too, we have to select between right and wrong thing and be on the right side. Ethical direction is really important when crisis occurs at workplace. During this kind of crisis workers and leaders has to stay strong in order to get through the situation. However there is the possibility that some times business owner or manager ends up taking wrong decisions which effects on themselves, their workers and the business itself. Now the real question is do business professionals follows the ethical guidelines or they just
The Facts: Kermit Vandivier works for B.F. Goodrich. His job assignment was to write the qualifying report on the four disk brakes for LTV Aerospace Corporation. LTV purchased aircraft brakes from B.F. Goodrich for the Air Force. Goodrich desperately wanted the contract because it guaranteed a commitment from the Air Force on future brake purchases for the A7D from them, even if they lost money on the initial contract.
Everyone in this world has experienced an ethical dilemma in different situations and this may arise between one or more individuals. Ethical dilemma is a situation where people have to make complex decisions and are influenced based on personal interests, social environment or norms, and religious beliefs (“Strategic Leadership”, n.d.). Leaders and managers in the company should set guidelines to ensure employees are aware and have a better chance to solve and make ethical decisions. Employees are also responsible for understanding their ethical obligations in order to maintain a positive work environment. The purpose of this case study is to identify the dilemma and analyze different decisions to find ways on how a person should act ethically when left with an ethical dilemma.
I believe in order for an organization to be an ethical place the organization it must start at the foundation of the organization. For any organization to be grounded in sound ethical principles it needs a boss that is willing to ensure that their company is built on ethical standards that respect people’s right to autonomy as workers and as consumers. They must by hiring people with good ethical principles. Bosses must also be willing to terminate people that do not comply with company policy, values and ethical principles. In other words they must be accountable to the rest of the workers, by showing they care about how their company is run. You only need to watch and listen to social media to get an indication of what happens when companies