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.
2. Three ways of resisting requests to act unethically: recognize unethical requests and bosses; buying time; and finding a mentor and a peer support group. The first step to resisting requests to act unethically is that one has to be able to recognize those requests. A person needs to pay attention to his bosses and coworkers…
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 Ethics Palmeri, C&Rupp, L 2013, May 3, Disney Bangladesh Exit Pressure on Clothes makers Who Stay, Retrieved from http://www.bloomberg.com/news/2013-05-03/disney-bangladesh-exit-puts-pressure-on-those-who-may-stay-1-.html The work of Palmeri and Rupp (2013) is focused on highlighting the issues faced by the multinational organizations while operating in developing markets. It is highly likely for large organizations to develop their overseas presence. However the economically developing markets a number of issues including environmental, infrastructural, and compliance with health and
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,
The Bank CEO's Role in Defining Ethical Integrity Based on a thorough review of existing literature of the role of ethics in the banking industry, the role of the CEO as the ethical leader of their organization is next discussion. Based on the concepts presented in the paper to this point as the foundation, these key points provide insights into how CEOs and senior management actively shape the ethical standards of
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