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Ethical Decision Making | Business Ethics

   

Added on  2022-08-24

9 Pages2738 Words14 Views
Leadership ManagementProfessional DevelopmentPolitical Science
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Running head: BUSINESS ETHICS
Business Ethics
Name of the Student
Name of the University
Author Note
Ethical Decision Making | Business Ethics_1

BUSINESS ETHICS1
Introduction
In this particular report, I have presented a comprehensive reflection of teaching,
learning, class notes, discussion and several other class exercise in relation to business ethics
and its application to business or any sort of real-world practices. Before getting into the
learning materials, I must state the fact that I know about business ethics. On the basis of my
previous understanding about the chosen topic, I know that business ethics is fundamentally
about the practice which is more of a study of relevant choices and practices in relation to
potentially controversial subjects with the inclusion of corporate governance and corporate
social responsibility. In my understanding, business ethics stands for the action of
implementing appropriate business policies and practices about the arguably controversial
context. Everyone in this Modern World are aware of the fact that there are certain laws and
industry regulations that provide the fundamental guidelines. So that the business can follow
to gain the approval of public. Nonetheless, I must state the fact that my understanding is
further enriched with the course materials being taught in the form of class notes, lecture
notes, learning materials, discussion and class exercise. All of these class activities helped me
to find and learn more about the business ethics.
Ethical Decision Making
Insight: From the lecture on ethical decision making in the context of business
management, I have learnt that ethical decisions involve several types of determinations. The
concept of ethical decision making can be referred to as the art of analysing the basic moral
principles and the degree of the different religious influences. I have learnt that the decision
making process always involves a particular course of action. It depends on the moral beliefs
that they draw from the difficult decisions in an organization. I have learnt from the lecture
Ethical Decision Making | Business Ethics_2

BUSINESS ETHICS2
that most of the ethical decisions taken in the domain of management exist ma inly in an
unclear zone with no obvious quantitative analysis of the mentioned data.
Description: The lecture on the ethical decision making involves the market choice of
the involvement of the people in the process in providing with a suitable conclusion on how
the decisions are made in the context of the business management. If any organizational
decision has an important impact on the local community objectives, the leaders may also
feel the obligation to invite the different representatives of a particular community. Similarly,
the ethical decisions taken for a management purpose will also benefit in the long run rather
than for the fiat purposes. The lecture demonstrated that the choice of the customers will
remain consistent with the organization’s values.
Interpretation: The lecture conducted on the ethical decision making highlighted
that several organizations working in the business domain and to conduct several programs in
ethics in order to clarify and communicate the ethical standards for the employees in order to
help them in taking the appropriate decision making skills in ethics. The process of
monitoring and the maintenance of the compliance level is for the purpose of maintaining the
level and the quality of the ethical health , to provide support for ensuring the long term
prosperity levels in order to preserve the promotion of the different values.
Evaluation: The lecture on the ethical decision making in the domain of business
management at a very practical level will promote the level of compliance and the different
types of ethical programs that will support the business objectives of the organization. The
process of ethics training in the different corporate organizations will provide with a
particular ethical code in order to help the employees in the analysis of the issues. The
discussions of the various scenarios and the different exercises in the role playing exercises
will stimulate the art of the decision making process. The lecture has also provided with the
Ethical Decision Making | Business Ethics_3

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