Briefly explain your or a specific ethical decision-making style based on the five ethical decision-making principles.
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Briefly explain your or a specific ethical decision-making style based on the five ethical decision-making principles.
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Solved in 3 steps
- List the four approaches that are used to describe values for guiding ethical decision making, Briefly describe each?A) Effective decision-making results ineffective results, discuss decision making steps and provide examples. B) Discuss various ways available to maintain the high ethical standards of an organization?What are the ethical considerations that managers should be aware of in their decision-making processes, and how can they promote ethical behavior within their organizations?
- What is trust, and how does it relate to justice and ethics? In what three sources can trust be rooted? What is the four-component model of ethical decision-making?What guides someone's personal decision-making?Managers at some banks and mortgage companies have argued that providing subprime mortgages was based on their desire to give poor people a chance to participate in the American dream of home ownership. Considering ethical approaches to decision-making, what is your opinion of this explanation in terms of ethics and social responsibility?
- Describe each of the 4 ethics principles autonomy, beneficence, nonmaleficence, and justice. Give an example of a situation where you might consider one of the principles in decision making.1. why ethical decision-making is essential in an organization, 2. what are the possible effects that ethical violations/unethical behaviors can have on the organization and its stakeholders.Subprime mortgages are high-risk, high-cost loans, which banks use to cater to borrower who would not qualify for credit otherwise. Managers at some banks and mortgage companies have argued that providing subprime mortgages was based on their desire to give poor people a chance to participate in the American dream of home ownership. Considering ethical approaches to decision-making, what is your opinion of this explanation in terms of ethics and social responsibility?
- What are the four personal decision styles used by managers? What are the biases that frequently cause managers to make poor decisions? What are some of the innovative techniques managers can use to make decisions? Describe at least two techniques.why should managers use ethical criteria to guide their decision-making“Professional Liability” Please respond to the following: From the case study, determine the main potential ethical dilemmas. Next, use the seven (7) steps in the ethical decision-making framework to recommend one (1) course of action you would take in order to avoid the ethical dilemmas. Provide a rationale to support your recommendation. From the case study, based on your recommendation in Part I of this discussion, suggest one (1) strategy that would support you making the right decision without undermining the manager’s confidence in your problem-solving ability in a difficult situation. Provide a rationale to support your response. Case Study You have worked as a staff auditor for two and one-half years and have mastered your job. You will likely be promoted to a senior position after this busy season. Your current senior was promoted about a year ago. He appreciates your competence and rarely interferes…