Connect Online Access for M: Management
Connect Online Access for M: Management
6th Edition
ISBN: 9781260485295
Author: BATEMAN, Thomas
Publisher: Mcgraw-hill Higher Education (us)
Question
Book Icon
Chapter 4, Problem 1LO
Summary Introduction

To discuss:  How various ethical perspectives assist in managerial decision making.

Expert Solution & Answer
Check Mark

Explanation of Solution

As an individual’s decision would often be derived from his or her ethics, varied ethical perspectives assist in managerial decision making. The ethics would often differ from one people to the other as it is one’s personal choice on which the value overrules the others.

An ethical issue is a problem, situation, or choice, where an individual should select between many actions, which should be assessed as morally correct or wrong. The significant 5 perspectives, which shapes the ethics of an individual includes egoism, relativism, universalism, utilitarianism, and virtue ethics.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!
Students have asked these similar questions
Identify the steps in the ethical decision-making framework.
Ethical challenges or issues may face the top management level or mangers
identify major classical ethical principles?
Knowledge Booster
Background pattern image
Recommended textbooks for you
Text book image
Principles of Management
Management
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax College