There is a ripple affect that ensues from this as well, reaching out to affect jobs, which affect incomes, which again affect economical aspects.
5. The ethical decision-making framework includes the concepts of ethical issue intensity, corporate culture, and individual factors. Discuss how these concepts influence the ethical decision-making process.
The ethical issue intensity concept is truly foremost in determining the degree by which the decision-making process is extended. When the degree of intensity regarding the ethical issue at hand is substantial, the decision making process is likely to be handled with either more care in its concern or more hastily in its chaos. Factoring in corporate culture, the decision making process will be sensitive to the exact nature of the ethical issue in connection to specifics outlining the concept of corporate culture. Individual factors will contribute to the decision-making process according to the various manners of the specific individual factors, which may differ according to issues of gender, relation, age, etc.
6. How does a person's individual moral philosophy influence his or her business decisions?
The individual moral philosophy of a person is perhaps, the foundation by which their business decisions are conducted. Though they are likely to be elaborated by the learned and instilled moral outlooks that are developed within the particular business, these personal philosophies tend to stand the firmest against issues opposing their standards.
7. How can a person's status within an organization create an opportunity for unethical behavior?
A person's status is what empowers them to make decisions and be part of more decision making. Absolute power corrupts absolutely.
8. How can organizations develop an effective ethics program?
By collectively gathering the input of all necessary figures within an organization, and by addressing the concerns...
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