A Look at Ethical Perspectives Essay example

1. What were the costs and benefits to stakeholders of the actions taken by Massey Energy and its managers?

The method of ethical decision making which was developed by Dr. Cathryn A. Baird presented two components contained in all ethical decisions which are; The Four ethical Lenses and the 4+1 Decision process. The Four Ethical Lenses issue claims that different ethical theories and the means in which we tend to approach the situations which form part of our ethical traditions are looked at in four different perspectives. From each perspective there are different values on which to decide whether the action taken is either ethical or not and each lens also lays emphasis on determining whether the decision made is of ethical requirement. In the 4+1 Decision Process, people who are responsible for making final decisions in an organization do it

The issue of ethical decision making has become more important in recent years for a variety of reasons. An understanding of ethical decision making in organizations is more significant to the development of organizational science. Managers engage in decision-making behavior affecting the lives and well-being of others. The individual responds to an ethical dilemma with cognitions determined by his or her cognitive moral development stage.

Every day people make decisions that may have profound effect on their personal and/or professional lives as well as the lives of others. The decision people make have a foundation on their personal, cultural, and perhaps organizational values. When these values are in disagreement, an ethical dilemma occurs.

From job-related experiences, when I am placed into situations with individuals who have different ethics from me, I cautiously take steps to determine ethical dilemmas choices without violating the rights or opinions of all involved. In addition, the experiences working with teams at work, have taught me to carefully view the opinions of others before entering into open disagreement over a given course of action. I strongly believe, apart from the ethical position,. an individual has his or her individual right to express their opinion. The results of my EAI, combined with my experiences throughout school and work, have educated me that all ethical decisions require cautious thought. I firmly believe, in order to achieve the best results, one needs to take numerous factors including but limited to culture, into consideration while also allowing for future implications of any action dictated by ethical decisions I make.

Creating and defining my own ethical framework is essential in future success as a businessman, a leader, and a team player. As a business student, I have learned that it can be a very cut throat industry and in order to get ahead, at some point and ethical dilemma will undoubtedly be an obstacle I have to overcome. The way I handle these dilemmas can make or break my career; business ethics are a key part of earning and sustaining respect, trust, and a good rapport with both clients and competitors in your industry. Therefore a solid ethical framework is an important tool for me to have as a standard for handling these types of dilemmas so that I can grow successfully while staying true to myself and to

Health care professionals are subject to a multitude of professional, legal, and ethical responsibilities which call for personal judgment to be utilized in such a manner as to protect clients as well as public wellness and interests. Overall considerations in handling such duties may be considered to be respect of a client’s autonomy, confidence, and recognition of obligations owed to all clients. While the aforementioned acts fall within the professional realm, there are also legal implications that guide care. Therefore, it can be said that ethical considerations occur in observation of legal responsibilities. Confidential information is perceived as private facts which are disclosed with the

This paper will compare the usefulness of character-based and consequence-based approaches in making moral decisions. In a character-based approach, the consideration of the moral agent is central in making decisions, and actions are made in order to reflect and strengthen good character. In a consequence-based approach, the consideration of the outcome is central in making moral decisions, and actions are judged based on the outcome. Usefulness will be defined in terms of three aspects: consistency, convenience and assurance, with assurance being defined as the confidence that the decision made is correct. Through the comparison of the two approaches, it becomes clear that a character-based approach is more useful in making a decision.

As people, we all want to be understood by others. “When dealing with others, seek first to understand, then to be understood.” (Maxwell, 37) Finally, while trying to keep others’ needs in perspective, we do not want to be taken advantage of. When this happens it devalues you and the person you took advantage of. All of these will help give an individual the basic outlines of how to begin to look at “The Golden Rule.” To begin this process of adapting this “Golden Rule” lifestyle, the character of a person is the key to living a life of integrity and ethical excellence. A person’s character is more than just talk. People, who want to earn the respect of their peers and themselves, need to walk the talk. There are many things people do not get to choose, how tall they are or where they are born, but character is a choice that can be made by anyone. “Trust is essential when working with people. Character engenders trust.” (Maxwell 44) People tend to fall into three categories: those who don’t succeed, those who succeed temporarily, and those who remain successful. To have a quality character will help to remain successful throughout their lifetime. In the world today, we see examples in the media of people who do not act as ethically as they should. There are many reasons why people do not do the right thing. These reasons generally fall into five factors that someone compromises their ethics for. To begin with pressure is a major culprit. In our

Ethical and unethical situations occur on a daily basis and are seen all around us. Being ethical requires one to take responsibility for their actions and doing what is right in any given circumstance. Every person has the power to dictate their actions on how they are going to handle any situation they are put in. I have experienced numerous amounts of situations that have tested my ethical behavior and actions. Throughout my experiences, I have realized that ethics has a great impact on many different aspects of life such as society, career, and personal life. Understanding the meaning of ethics allows me to grow as a person and to truly do what is right with any issue I am faced with.

Management constitute amongst major components of a company, organization or a business. As such, management oversees employees interactions with their supervisors and also control of people within a particular organization. Also, it includes critical and ethical decision-making process so as to address various ethical dilemmas experienced by employees while undertaking their respective assigned duties within the company. Ethical dilemmas are hereby to stay as issues usually arise now and then and place a variety of options that bear different repercussions. Therefore, it calls for ethical and critical decision-making skills so as to make the most appropriate option that bears more benefits in comparison to other options presented. While making ethical decisions, it 's substantially important to play heed to a certain ethical decision-making theory. This would enable an individual making the decision to ripe best possible consequences rather than living to regret. Moreover, ethical decision making is typically important in business as making a wrong decision may result not only in huge losses but also poor relationship amongst colleagues and miserable life for employee(s) working in a particular company or business in question.

Making consistently ethical decisions is difficult. Most decisions have to be made in the context of economic, professional and social pressures, which can sometimes challenge our ethical goals and conceal or confuse the moral issues. In addition, making ethical choices is complex because in many situations there are a multitude of competing interests and values. Other times, crucial facts are unknown or ambiguous. Since many actions are likely to benefit some people at the expense of others, the decision maker must prioritize competing moral claims and must be proficient at predicting the likely consequences of various choices. An ethical person often chooses to do more than the law requires and less than the law allows.

Code of ethics act as a promise to protect and support the safety of individuals in society, supports as a leading light it help the supporters of an occupation, resolve ethical problems and act as a protector the community. A code of ethics discloses and conserves the current viewpoint professionals on in what way to make ethical decisions. It stresses importance on obligation to moral values and vital beliefs. Application of a code of ethics helps us to guarantee that members of the profession will be accountable for their actions. It helps us to learn about the responsibility we have for ourselves, our colleagues and to the social structure of the profession. It is essential that the present and future psychologist should be

The word “ethics” comes from Greek ethikas meaning character. Today, we use ethics to describe the normative standard of behavior. The history of philosophical ethics has been broken up into five rational methods: Virtue, Traditional, Modern, and Post-Modern Ethics. Within these periods, the philosophy of ethics changed along with the changes being made within society.

All employees (including the company executives) should be guided by moral principles and ethical values when making decisions (Balc & Simionescu, 2012). The ability of executives to make ethical decisions can be influenced by their cognitive bias (Zeni, Buckley, Mumford & Griffith, 2015). Utilitarianism is one of the frameworks that can be used to address ethical dilemmas. Utilitarianism holds that decision makers should take alternatives that maximize the happiness of the majority of the stakeholders (Choe & Min, 2011 and Marques, 2015). This presentation will discuss how the 8-step ethical decision making process can be applied when addressing a dilemma using the utilitarianism framework. The presentation will also guide the executives of Toyota on how to address the negative publicity associated with the production of cars with faulty acceleration system.