Scribd Logo
Upload

Welcome to Scribd!

  • 88 views

    Ethical Dilemma Chapter 8

    Uploaded by

    Princess Ann Francisco
    This document discusses ethical dilemmas, their impact on business, and how to resolve them. It describes how ethical dilemmas present difficult choices between two undesirable options that can affect shareholders, employees, and society. Maintaining ethics is important for businesses to build trust, protect stakeholders, and prevent legal and reputational issues. The document recommends a six-step approach to resolving dilemmas by identifying the key facts, affected parties, alternatives, consequences, and determining the appropriate course of action consistent with one's values.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd

    Ethical Dilemma Chapter 8

    Uploaded by

    Princess Ann Francisco
    88 views9 pages
    This document discusses ethical dilemmas, their impact on business, and how to resolve them. It describes how ethical dilemmas present difficult choices between two undesirable options that can affect shareholders, employees, and society. Maintaining ethics is important for businesses to build trust, protect stakeholders, and prevent legal and reputational issues. The document recommends a six-step approach to resolving dilemmas by identifying the key facts, affected parties, alternatives, consequences, and determining the appropriate course of action consistent with one's values.

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document discusses ethical dilemmas, their impact on business, and how to resolve them. It describes how ethical dilemmas present difficult choices between two undesirable options that can affect shareholders, employees, and society. Maintaining ethics is important for businesses to build trust, protect stakeholders, and prevent legal and reputational issues. The document recommends a six-step approach to resolving dilemmas by identifying the key facts, affected parties, alternatives, consequences, and determining the appropriate course of action consistent with one's values.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    88 views9 pages

    Ethical Dilemma Chapter 8

    Uploaded by

    Princess Ann Francisco
    This document discusses ethical dilemmas, their impact on business, and how to resolve them. It describes how ethical dilemmas present difficult choices between two undesirable options that can affect shareholders, employees, and society. Maintaining ethics is important for businesses to build trust, protect stakeholders, and prevent legal and reputational issues. The document recommends a six-step approach to resolving dilemmas by identifying the key facts, affected parties, alternatives, consequences, and determining the appropriate course of action consistent with one's values.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 9

    ETHICAL

    DILEMM
    CHAPTER 8

    A Presented by:
    Carulla, Erica Keith I.
    Magday, Kristine Mae G.
    CONTENT
    01 ETHICAL DILEMMA

    ETHUCAL DILEMMA AND ITS


    02 AFFECT ON BUSINESS
    03 AFFECT ON STAKEHOLDERS

    04 SOURCES OF ETHICAL DILEMMAS


    IMPORTANCE OF ETHICAL ACT
    05 ON BUSINESS

    06 RESOLVING ETHICAL DILEMMA


    SIX STEP APPROACH THAT FOLLOWS IS
    07 INTENDED TO E A RELATIVELY SIMPLE
    APPROACH TO RESOLVING ETHICAL DILEMMAS
    ETHICAL
    DILEMMA
    Eth ical Dilemma is a situation a person faces in which a
    decision must be mad e ab ou t the appro priate beh avior. A
    simple ex ample o f an ethical d ilemma is fin ding a diamond
    ring, wh ich n ecessitates d eciding whether to attempt to find
    the owner or to keep it.

    > it is also known Moral Dilemma .


    Ethic al Dilemmas is moral situation were a choice
    ha s to be made between two equally underisable
    alternatives.
    ETHICAL DILEMMAS AND Corporate management is in dilemmas to follow ethics in business or
    to favor stakeholders. The major ethical dilemmas those affect any
    ITS AFFECT ON BUSINESS business are;

    01 02 03 04

    SHAREHOLDERS EMPLO YEES CREATES


    The employee may feel torn SO CIETY
    They can create conflicts between following the company's An ethical dilemma occurs N EGATIV E IMA G E
    of interest, break trust, and instructions and maintaining when a person encounters
    damage relationships Lorem ipsum dolor sit
    their own personal values and conflicts among values,
    between the business and amet, consectetur
    beliefs around safety . False duties, rights, and
    its stakeholders . adipiscing elit. Duis
    accounting, sexual harassment, obligations . Moral
    vulputate nulla at ante
    data privacy, nepotism, philosophers and ethicists
    rhoncus, vel efficitur felis
    discrimination—these are just often refer to these
    condimentum. Proin odio
    some examples that happen in situations as hard cases.
    odio.
    today's workplace.
    IMPORTANCE OF ETHICAL ACT ON
    BUSINESS
    Maintain good reputation of Protect business
    the organization by meeting Build good organization from
    the expectation of relationship and gain dishonest and harmful
    shareholders. trust of the employees, public and
    shareholders of competitors
    organization.

    Protect and prevent


    general public from Protect employees of
    who are related to the organization.
    the organization.
    RESOLVING ETHICAL
    DILEMMA
    -In re c en t ye a rs, fo rm a l fra m e work
    h a v e be e n de ve lo pe d to the pe ople
    re so lve Ethica l Dile m m as. The purpose
    o f suc h a fra m e work is in ide ntifying
    th e e thic a l issue a nd de c iding on a n
    a p p ropria te c ourse o f a n a c tion using
    th e pe rson`s own va lu e s.
    i s i n t e n d e d to
    t h a t f o l l o w s
    t e p a p p r o a c h l v i n g Decide the appropriate
    Six- s r o a ch t o r e s o
    l y s im p l e a p p
    be a r e l a t i v e action
    l d i l e m m a s :
    ethica
    h e l i k e l y
    Identify t c h
    n c e s o f e a
    c o n s e q u e
    a l t e r n a t i v e
    Identify the alternatives
    Obtain relative facts available to the person who
    must resolve the dilemma

    Determine who is affected by the


    Identify the ethical
    outcome of the dilemma and how
    issues from the facts
    each person or group is affected
    THANK'S
    FOR
    LISTENING!

    You might also like