Ethical Decision Making Models

Running head: ETHICS
Ethics
Name of the Student
Name of the University
Author’s Note

1ETHICS
Table of Contents
Introduction......................................................................................................................................2
Overview of Ethical Principles........................................................................................................2
Review of Ethical Decision Making Models...................................................................................3
Major Stakeholders..........................................................................................................................4
Ethical Issues...................................................................................................................................5
Function of the Financial Accountant..............................................................................................6
Conclusion.......................................................................................................................................7
References........................................................................................................................................8

2ETHICS
Introduction
In today’s business world, ethics is considered as one of the major pillars of success as
the companies are required to comply with all the ethical code of conducts. Business ethics refers
to the applied ethics or professional ethics that helps in providing the solutions of various ethical
problems arises from the business operations (Hartman, DesJardins and MacDonald 2014). All
the business organizations become majorly beneficial by complying with all the ethical
principles and code of conducts like the increase in productivity, retention of clients and others.
At the same time, business entities have to face great difficulties while non-complying with the
required ethical principles. It needs to be mentioned that the business entities can solve different
kinds of complex issues with the help of ethical decision making models (Crane and Matten
2016). The main aim of this report involves in the analysis and evaluation of different aspects of
business ethics to solve the ethical issues in the provided case.
Overview of Ethical Principles
As per the above discussion, the Australian business entities are required to comply with
the major ethical principles while conducting the business operations. The following discussion
provides the overview of these ethical principles:
Integrity: As per this principle, business entities are required to be honest and straightforward
while conducting their business operations; in addition, they need to be truthful towards the trust
of the employees and the key stakeholders like investors, customers, creditors, lenders and others
(Pearson 2017).