The dilemma resides in whether the individuals will do what is best for the group or for themselves
The ascetic tale of Chrysippus the Stoic - a situation in which one has to state whether a pleasure is good or bad and choose form them The pirate - a situation involving two colleagues, one saving to purchase an expensive software program from the company and one stealing it. The dilemma resides around whether the one who saves should do nothing, report the theft or steal the product herself (Cohen, 2003)
4. Resolving Ethical Dilemmas in Business
Once a business dilemma has been identified, the following course of action depends on the morality and skills of the business leader. Philosophers generally approach the matter of resolving ethical dilemmas from two standpoints - first of all, there is the matter of the practical consequences of the actions to be implemented, and secondly, there is the issue of the actions themselves.
In addressing the consequences, the leader has to consider the parties that will benefit from the implementation of the actions. He must also answer the questions referring to who will be hurt in the process, the nature of the harms and benefits and also the long as well as short-term effects. In terms of the actual courses of action to be implemented, the leader must take an independent and objective stand and simply look at the actions, without considering their consequences. He must answer questions such as "How do they measure up against moral principles like honesty, fairness, equality, respecting the dignity of others, respecting people's rights, and recognizing the vulnerability of individuals weaker or less fortunate than others? Do any of the actions that you're considering "cross the line," in terms of anything from simple decency to an important ethical principle? If there's a conflict between principles or between the rights of different people involved, is there a way to see one principle as more important than the others?" (Center for Ethics and Business)
Having answered the questions relative to the actions and consequences of solving an ethical dilemma, the business leader will be able to make an informed decision.
5. Final Remarks
The multifaceted changes of the...
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