Contrast the deontology and consequentialism approaches to ethics in business decision making to benefit the company, customers and society as a whole.
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Contrast the deontology and consequentialism approaches to ethics in business decision making to benefit the company, customers and society as a whole.
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- What are the most important ethical considerations that managers must take into account when making business decisions, and how can they balance competing priorities and obligations to ensure that their actions align with their values?What role do ethics and corporate social responsibility play in the business environment and how can management ensure that these values are integrated into organizational decision-making?What are the most common ethical issues and concerns within companies? What factors should be considered in making ethical business decisions for a company?
- Why all ethical decisions can be covered by political, economic legal, or company rules and regulations.Please reflect on and briefly discuss Ancient Greek Ethical philosophy. How do you think they could be relevant to the present ethical concerns/dilemmas?Explain Four (4) keys components essential for any ethical decision making.
- Describe the utilitarianism, rights, fairness or justice,common good, and virtue approaches to ethical decision making. What is ethical relativism?Explain the model of ethical decision-making in business and explain how it differs from the process used at home, in families, and personal lives.What role does ethical decision-making play in shaping business policies?
- Discuss briefly why ethical decision- making is essential in an organization, and the possible effects that ethical violations/unethical behaviours can have on the organization and its stakeholders.How can organizations effectively develop and implement an ethical code that promotes a culture of integrity and guides employees' behavior towards responsible and ethical decision-making?Many ethical problems have arisen in response to the rapid spread of digital technologies such as computers, information networks, and the internet; how should they be addressed?