What are the ethical considerations and dilemmas that can arise in the process of organizing, particularly when it involves decision-making, resource allocation, and stakeholder interests?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
icon
Related questions
Question

What are the ethical considerations and dilemmas that can arise in the process of organizing, particularly when it involves decision-making, resource allocation, and stakeholder interests?

Expert Solution
Step 1: Define the term ethical considerations and dilemmas t:

" Ethical considerations"  relate to the moral principles, values, and  morals that  individualities, associations, or societies use to guide their  opinions and  conduct. These considerations involve allowing about what's right, just, and  innocently  respectable in a given situation. Ethical considerations  frequently bear  individualities to weigh the implicit consequences of their  conduct and make choices that align with their ethical beliefs.

 " Ethical dilemmas," on the other hand, are situations in which  individualities or associations face clashing ethical considerations, making it challenging to determine the right course of action. In ethical dilemmas, there may be no clear- cut or widely accepted  result, and  individualities must navigate complex moral choices. 

steps

Step by step

Solved in 3 steps

Blurred answer
Recommended textbooks for you
Understanding Business
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON