Business Ethics: Examining Ethical Dilemmas & Moral Decision Making

This essay delves into the realm of business ethics, specifically examining the ethical dilemma faced by an orphanage owner presented with a morally questionable proposition. It explores the concept of self-refuting ideas and emphasizes the importance of adhering to ethical principles in decision-making. The essay highlights the conflict between financial security and moral integrity, arguing that upholding personal values and priorities is crucial, even in challenging situations. Ultimately, it advocates for rejecting unethical offers to maintain morality and ethical standards. Desklib provides access to similar essays and solved assignments for students.

Running head: BUSINESS ETHICS
Ethical ideas
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1BUSINESS ETHICS
It is often observed that the people have to take certain decisions that are not
ethically correct. The decisions can be false or wrong and self-defeating in nature (Zuboff,
2015). In this case, it has been observed that the owner of the orphanage is suffering from
financial insecurity and in the meantime, the owner of the car dealer has proposed a plan to
him regarding the making of false statement about the price of a van. It is no need to state that
it is an ethical dilemma faced by the owner of the orphanage. There are certain ideas that can
identify the issues regarding false statement. The idea can be specifically identified as self-
refuting idea. When a person making a decision regarding something he knows false can be
fall under the purview of this idea (Brandon, 2016).
However, from the ethical aspect, it is required that the owner of the orphanage
denies taking the money from the car dealer and does not make any false statement regarding
the price of the van. This idea is based on the right decision making idea. The principle of
ethics is based on the morality of a person and determines the right and wrong in human
conduct (Fichter, 2016).
It is expected that the people always choose the right one and deny the wrong
ideas. This is called the morality. However, in certain situations, people are forced to take
wrong decision. The principle of ethics helps to find out the question regarding the moral
duties and duties of the people in dilemmatic situations. Choice making is a constant thing
and people have to take the right decision at that point of time. Choices are the fundamental
thing that verify the nature of the person and signify the future character of that person. In
this case, it has been observed that the owner of the orphanage has been suffering from the
financial crisis and need financial support badly. At that point of time, the car dealer made an
offer to him to make a false statement regarding the price of a car and propose to invest
certain amount in the orphanage. It has been clear from the statements of the case that the
owner of the orphanage has been suffering from financial crisis and needed money for the

2BUSINESS ETHICS
development of the orphanage. It has also been pointed out that most of his money are
invested in the transportation and at that time the offer made by the car dealer seems helpful
to him. However, it is an ethical problem to the owner of the orphanage and he is facing
certain dilemmas to pick up the right decision. Every person has to face this common
parlance in his or her life. People should decide two things resolving the problem such as the
values and the priorities. Values signify the human sense and priorities identify the important
consideration. A person should make the decision in the light of the personal values and
consideration (Tidey, 2016). Based on the ethical principle, it can therefore, be stated that the
owner of the orphanage should not accept the illegal offer made by the car dealer for the
betterment of the orphanage as acceptance of the offer will break down the morality.

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Reference:
Brandon, P. (2016). Body and self: an entangled narrative. Phenomenology and the cognitive
sciences, 15(1), 67-83.
Fichter, R. (2016). Do the Right Thing! Developing Ethical Behavior in Financial
Institutions. Journal of Business Ethics, 1-16.
Tidey, S. (2016). Between the ethical and the right thing: How (not) to be corrupt in
Indonesian bureaucracy in an age of good governance. American Ethnologist, 43(4),
663-676.
Zuboff, A. (2015). Theories That Refute Themselves. Philosophy Now, 106, 16-18.