Business Ethics Three common characteristics of poor decision making are the following errors in logic: appeals to pity, ad hominem arguments, and arguments from authority. Appeals to pity do not focus on the victim and try to create pity for a victim in order to elicit a certain result. However, these appeals to pity frequently fail to adequately link the lobbied-for action with the victim's predicament. That someone is in a bad situation is not a reason to act unless that action would remedy the victim. Moreover, it is not a reason to act if that action would harm a person who was not responsible for the victim's predicament. Therefore, while an ethical decision-maker should be compassionate, he should not have his decisions dictated by pity. Another characteristic of poor decision making is listening to the ad hominem attack. Ad hominem attacks attack the character of a person rather the substance of their argument. In an election year, ad hominem attacks are very common; whether Obama had a Hawaiian birth certificate (though no one contested that his mother was an American, and, therefore, even had he been born abroad he would have been a natural-born...
Allowing personal feelings about the person making the argument to impact someone's assessment of the argument is an element in poor decision making. Finally, listening to argument from authority is another characteristic of poor decision making. Many times people decide that a person in authority is an expert on a topic, and they except that person's conclusions without evaluating their arguments. The problem with that is that even authorities make mistakes. Moreover, frequently authorities have agendas. Taking an argument or facts as the truth based on who states them, without independently evaluating those facts or arguments is a hallmark of poor decision-making.
Business Ethics Focus on Merrill Lynch According to Laura Hartman and her co-writer, Joe Desjardins in the work entitled "Business Ethics: Decision Making for Personal Integrity & Social Responsibility" philosophical ethics may be clearly differentiated from theological ethics because theological ethics attempted to disseminate the well-being of an individual on a religious basis while the ethics of an individual's philosophy is such that provisions of justifications that can be applied to
Business Law Ethics Ethics in Action Common Characteristics of Poor Decision Making In order to make ethically sound decisions, it is necessary to acquire and secure all the pertinent facts; therefore, one of the most common characteristics of a poorly made decision is the lack of necessary and relevant facts. Entering the decision making process with favor and bias toward a particular outcome is an additional trait of a decision that is poorly
Alford reports that "for some, the earth moves when they discover that people in authority routinely lie and that those who work for them routinely cover up. Once one knows this, or rather once one feels this knowledge in one's bones, one lives in a new world. Some people remain aliens in the new world forever. Maybe they like it that way. Maybe they don't have a choice." (Alford,
83). Let us go through these arguments. The first argument does not suggest that a person involved in business should disregard any ethical obligations. One can economically survive in business without violating the norms of morality. Moreover, as Beverluis argues, "we are in a real sense 'doing' business ethics. For what is a 'right'? If one puts forward the claim to have certain moral rights (as opposed to legal rights),
Business Summaries This chapter addresses the reasons that one should study business and businesses to begin with. The authors make the point that they do not intend for this to be a narrow study that just focuses on particular examples of successive and failed businesses, although it will include case studies too. But the major point of studying business, the authors write, is to provide a larger sense of what is needed
Accepting Client Assignments Outstanding client service begins with a full understanding of the client organization, its business needs and the position to be filled. An AESC member should: Accept only those assignments that a member is qualified to undertake on the basis of the member's knowledge of the client's needs and the member's ability to perform the specific assignment. Disclose promptly conflicts of interest known to the AESC member and accept assignments only
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now