Ethical Issues in Business

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Brian M


Date added:

June 28, 2014







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3 / 571


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4995 times


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Business decisions need to be grounded in ethics, but the manager also needs to make decisions that are in the best interest of the company he/she serves. This is where moral dilemmas can come to pass. Two possible solutions that can help managers sort out these moral dilemmas are; deliberative methods whose goal are decision making and deliberative methods whose goal is edifying perspectives...
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Several models need to be reviewed in order to determine which method best fits the particular moral dilemma that the manager is faced with. Ground Rules Managers may find themselves in ethical business situations that require decisions to be based on morally confusing situations. "A moral dilemma is a situation in which people judge that morally they ought to do one thing (A) and morally ought to do another thing (B), and sometime a third (C), or even a fourth thing (D) as well, however they cannot perform all of these mutually exclusive options together," (Lurie & Albin, 2006)...
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