Ethical Management Australia Report 2022

Running Head: MANAGEMENT 0
ETHICAL MANAGEMENT
AUSTRALIA

MANAGEMENT 1
Executive summary
Ethics is the process which can be used in both art and science. It
teaches them ways of predicting the things whether they are right or wrong,
good or bad. In the course of this report the different theories of ethics such
as utilitarianism, deontology and egoism theory. All these very well defines
the need for ethics to be followed in any type of profession. Further AAA
model of making ethical decisions will be used by Mr. Goodrich to take up an
ethical decision regarding the current situation faced by the company. In the
last stage, the APES 110 will be used to reflect the principles, threats, and
suggestions which can guide Arnold who was assumed to be the member of
CPA in Australia. Finally, this report will be concluded and be properly
referenced.

MANAGEMENT 2
Table of Contents
Introduction.....................................................................................................................3
Part A. Ethical theories..................................................................................................3
The egoism theory and Mr. Goodrich...................................................................3
The utilitarianism theory and Mr. Goodrich........................................................4
The utilitarianism theory and Arnold...................................................................4
The deontology theory and Arnold.......................................................................5
Part B. Use of AAA decision-making model...............................................................6
Part C. Usage of APES 110............................................................................................7
Conclusion......................................................................................................................10
References.....................................................................................................................11

MANAGEMENT 3
Introduction
For providing a base to the viewpoints of the individuals and guides
them for making sound decisions, ethical theories are used. Whereas ethics
is something which teaches all the humans to differentiate between what is
good and what is bad or what is right and what is wrong. The ethical theories
provide a strong foundation for taking up any decision whether on personal
or on a professional basis. So this report in its first part will be a focus upon
the behavioral pattern of Mr. Goodrich and Arnold by using the different
theories of ethics such as the egoism, utilitarian and deontology theory. In
the second part, AAA decision-making model will be used by assuming that
Mr. Goodrich is listening to Arnold and wants to reach an ethical decision and
lastly in the third part the APES 110 model will be used to throw light on
threats, policies, and suggestions for the faced threats by Arnold will be
reflected.
Part A. Ethical theories
The egoism theory and Mr. Goodrich
Ethical egoism is a normative theory. It is double-faced as it
recommends favors and praises in one type of action or motivation while it
criticizes the other type of motivation. It has two versions i.e. individual
ethical egoism and universal ethical egoism. The first version focuses on
one's interest (Stirner & Rachels, 2016). It was very clearly seen in the scenario
that Mr. Goodrich was a man having the first version of Ethical egoism as he
was concerned with attaining success at any cost, he was strictly against all
those who can even try to ruin the or the name of his company and in this
way he was also ready to become unethical also. Personal interest is very
important here and the interest of the other persons is very cleverly
overlooked here. I and I are the very relevant and important terms in this
version. While in the second version everybody is expected to act for their