Understanding Business
11th Edition
ISBN: 9780078023163
Author: William G Nickels, James McHugh, Susan McHugh
Publisher: McGraw-Hill Education
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Question
Chapter 4.2, Problem 3TP
Summary Introduction
To determine: The questions that help in making ethical decisions.
Introduction:
Ethical dilemma are the situations where one person has to decide that the actions which he is going to perform is ethical or not.
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Chapter 4 Solutions
Understanding Business
Ch. 4.2 - Prob. 4.2AQCh. 4.2 - Prob. 1TPCh. 4.2 - Prob. 2TPCh. 4.2 - Prob. 3TPCh. 4.4 - Prob. 4.4AQCh. 4.4 - Prob. 4TPCh. 4.4 - Prob. 5TPCh. 4.5 - Prob. 4.5AQCh. 4.5 - Prob. 4.5BQCh. 4.5 - Prob. 4.5CQ
Ch. 4.5 - Prob. 1SSCh. 4.5 - Prob. 6TPCh. 4.5 - Prob. 7TPCh. 4.6 - Prob. 4.6AQCh. 4.6 - Prob. 8TPCh. 4.6 - Prob. 9TPCh. 4 - Prob. 1CTCh. 4 - Prob. 2CTCh. 4 - Prob. 1DWSCh. 4 - Prob. 2DWSCh. 4 - Prob. 3DWSCh. 4 - Prob. 4DWSCh. 4 - Prob. 5DWSCh. 4 - Prob. 1TITCh. 4 - Prob. 2TITCh. 4 - Prob. 3TITCh. 4 - Prob. 4TITCh. 4 - Prob. 1VCCh. 4 - Prob. 2VCCh. 4 - Prob. 3VC
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.Similar questions
- What are the four steps involved in ethical decision-making?arrow_forwardHave you ever been faced with an ethical dilemma either at work or school? How did you handle it. Please help me with an essay with solutions thank youarrow_forwardIn your point of view, is it important to employ ethical reasoning in professional tasks? Present your arguments with examples/logics.arrow_forward
- List and briefly explain four individual factors that you should take into consideration when you want to make an ethical decision?arrow_forwardWhy all ethical decisions can be covered by political, economic legal, or company rules and regulations.arrow_forwardWhat are some possible reasons a business person would make an unethical decision?arrow_forward
- What are the ethical considerations that managers must take into account when making decisions that impact their organizations, employees, and stakeholders?arrow_forwardIf you were faced with an ethical dilemma, from whom would you seek advice? Describe some decisions that might be good for an organization’s profitability in the short-term, butbad for the organization in the long-term. What factors would you take into consideration if you were thinking about leaving your job ratherthan do something unethical?arrow_forwardDoes analyzing a moral problem from the perspective of the ethics of care sometimes yield a different result than that obtained by using either a Kantian or utilitarian standardarrow_forward
- Explain how consistency forms the basis for integrity in one’s ethical thinking and reasoning.arrow_forwardWhy is it important for someone who is a business owner or supervisor to understand systems of ethical decision-making that differ from their own?arrow_forwardMaking an Ethical Decision You work at a large bank in the new accounts department where you open accounts for new customers. The bank has a policy that pays bonuses related to the number of new accounts you assist in opening. Your manager tells you that many of the accounts are for small depositors. He suggests that wen opening a new savings account for these customers, you can add another account, such as a credit card, without them even being aware of it. You know that opening an account without the approval of the customer is not ethical, but you also know the person may never know who opened it. Anyway, your manager suggested the idea and earning bonus money sounds good. What are your alternatives? What would you do? Is that the ethical thing to do? Answer below in no less than 6 complete sentences.arrow_forward
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