¶ … Ethics
Structural and behavioral ethics can be measured in a variety of ways using different models. It is important to use a model to monitor ethical behaviors in an organization because it can add a level of accountability that would otherwise be absent. For example, if employees are aware of the model that they are being critiqued upon then they are more likely to consider this model when making decisions. Ethical decision making can also foster a sustainable long-term perspective that is less likely to focus on risky short-term gains. There are several different models that are currently available that organizations can select from. This analysis will briefly introduce and compare the balanced scorecard and the triple bottom line model and discuss their applicability in modern organizations.
The Balanced Scorecard
The balanced scorecard was developed by Robert Kaplan and David Norton and serves as a useful tool for designing strategies along different types of important objectives in any organization. The Balanced Scorecard evolved when shortcomings with the traditional management control systems were identified. They found that the perspective was too narrow and they wanted to translate vision and strategy into objectives and measures across four balanced perspectives According to its founders, Robert Kaplan and David Norton, it consists of four...
Ethics Inventory The Ethics Awareness Inventory and Psychology There are few features that will define a person's life, experiences, interactions and self-image as pointedly as will one's ethical orientation. Indeed, the Ethics Awareness Inventory (EAI) is an instrument which allows the individual to effectively characterize his or her own distinct type of ethical orientation. In doing so, it also highlights the permeating relevance of this orientation in the areas of personal, professional,
Ethics in Statistics Ethical Issues in Business Statistics Statistical knowledge has been under gradual growth since the beginning of 20th century. This growth has subsequently advanced into broad dimensions of data handling and analysis, resulting into a fully-fledged scientific discipline. Statistics is a science that serves within the framework of construction, and theoretical mathematical applications in order to analyze a set of numerical data hence obtaining credible knowledge (Kemptborne, 1979). Statisticians, thereby,
Deontological theory might criticize Guido's choice if the initial assumptions included the rule prohibiting lying. However, deontological analysis is only as useful as the underlying rules with respect to which it is applied. Therefore, the solution to the deontological issues raised by the issue presented by the movie is simply to reformulate a less restrictive rule that is incapable of being applied to every situation. Instead of proposing the rule
What impact has Kohlberg's model of cognitive moral development had on ethical decision making? The three levels of ethical concern found in Kohlberg's Model of Moral Development include Pre-Conventional (Level 1) which includes obedience and punishment orientation including self-interest orientation. Next, interpersonal accord and conformity (Level 2) includes social norms and the definition of authority and social-ordering maintaining orientation. This is often referred to as the law and order morality
Therefore, corporations have had to change their viewpoints and start looking at the long-term consequences of their behavior, as well as looking at the bottom line. Businesses also have to be concerned because consumers have also become aware of environmental concerns, and many consumers are demanding earth-friendly products and have shown a willingness to pay more money to competitors who observe environmentally-friendly practices. Interestingly enough, this demand has given rise
Ethics Consider the three purposes of morality treated in Chapter 1. Which of these would it be easier for utilitarianism to fulfill and which could well be more difficult for that system to fully meet? Of the three purposes of morality treated in Chapter One, perhaps the easiest purpose for the ethical system of utilitarianism, as developed by the Englishman Jeremy Bentham, to meet would be to create a functional system of
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