Decribe perspective on an ethical decision as it pertains to the conduct of individuals, firms, nonprofit organizations, and government entities, including why and how you either made or supported/opposed that decision.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Decribe perspective on an ethical decision as it pertains to the conduct of individuals, firms, nonprofit organizations, and government entities, including why and how you either made or supported/opposed that decision.

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Introduction:
  • Ethical decisions are decisions made by individuals, organizations, or government entities that involve moral and ethical considerations.
  • These decisions involve evaluating the rightness or wrongness of actions based on established moral principles and values, such as honesty, fairness, respect for others, and responsibility.
  • Ethical decisions are often complex, as they may involve conflicting values and require trade-offs between competing interests.
  • They are important because they can have a significant impact on individuals, organizations, communities, and society as a whole.
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