University Business Ethics: Integrated Problem Solving Essay

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This essay delves into the impact of ethical dilemmas in business, exploring both cultural and business perspectives through the application of problem-solving principles. Drawing upon the book "Strategies for Creative Problem Solving" by Folger and LeBlanc, the essay examines ethical issues in business, such as decision-making, corporate strategies, and resource management. It highlights the importance of understanding cultural diversity in addressing ethical challenges, emphasizing the need for effective communication, critical thinking, and teamwork to resolve complex issues. The essay provides a comprehensive analysis of ethical dilemmas, offering valuable insights and practical strategies for students seeking to navigate the complexities of business ethics. The essay emphasizes the importance of applying effective communication skills, critical thinking, and teamwork to effectively address and resolve complex business challenges and ethical dilemmas.
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Running head: INTEGRATED BUSINESS CHALLENGE
INTEGRATED BUSINESS CHALLENGE
Name of the Student:
Name of the University:
Author Note:
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2INTEGRATED BUSINESS CHALLENGE
Introduction
The essay is going to be discussed on the influential impact of the ethical dilemma on the
business. Cultural perspective and business perspective will be discussed by implementing
certain significant principles of problem-solving aspects. It will be based on the book Strategies
for Creative Problem Solving by Folger, HS and LeBlanc, S. In this way, it will benefit the
readers to understand the desired subject and stimulate their individual ideas and thoughts on an
ethical dilemma. The primary purpose of this essay is to understand the ethical dilemma and to
apply effective principle theory for solving the issues in the field of business.
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3INTEGRATED BUSINESS CHALLENGE
Discussion
Ethical dilemmas are also known as moral dilemmas that are associated with certain
situations in which individuals may get an opportunity to choose among two options. Yet, it may
not resolve the incident and thus, it is required to apply certain policies that can dissolve the
problems (Fogler, LeBlanc and Rizzo 2014). Therefore, ethical dilemma can be recognized in the
context of business, where problem may occur in the process of decision-making, corporate
strategies, managing resources, along with dissolving risks. There are some ethical issues in the
field of business that may affect in the growth such as accounting, discrimination, harassment,
Social media, health and safety along technology.
According to the cultural perspective, cultural dilemma always occurs and has been
observed in the socio-cultural encounter, in which there are certain individuals who are dealing
with diverse range of competitive as well as troublesome worldviews, thoughts, values and
beliefs (Fogler, LeBlanc and Rizzo 2014). Cultural dilemmas are always observed in the field of
socio-cultural aspects and it is linked with the cultural diverse incidents. It is essentially
important to respect one’s values and beliefs irrespective of any cultural differences.
Therefore, business dilemma can occur quite frequently among the individuals, who
always faces certain kind of issue while making a choice in between two options. It may
influence in various aspects especially affecting the organisation’s competitiveness and
profitability. In this way, all the individuals must take decisions wisely and by implementing
certain methods (Fogler, LeBlanc and Rizzo 2014). There are some essential principles that may
dissolve the problems such as:
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4INTEGRATED BUSINESS CHALLENGE
Firstly, individuals need to adapt certain habits and actions so that they can dissolve the
problem by improving their skills (Fogler, LeBlanc and Rizzo 2014). Thus, it will benefit them
to become a productive member in their individual team and should solve those problems
together.
Secondly, the individuals need to develop their thinking skills and should practice their
skills in their decision-making process, and in their individual lives irrespective of their
occupation or position.
Thirdly, Communication is one of the effective methods to solve any problem and one
needs to gather enough information and analyse the significant facts so that they can understand
and recognize the actual problem at the right time (Fogler, LeBlanc and Rizzo 2014).
In this way, they will be able to dissolve their problems including team work and
communication skills to figure out the problems and to solve them appropriately.
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5INTEGRATED BUSINESS CHALLENGE
Conclusion
Thus, it is important to understand that many individuals may face problems during their
decision-making processes so by applying the above techniques such as effective communication
skills, thinking skills and team work. In this way, it will help them to observe, understand, and
will be able to plan accordingly.
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6INTEGRATED BUSINESS CHALLENGE
References
Fogler, H.S., LeBlanc, S. and Rizzo, B., 2014. Strategies for creative problem solving.(Vol.
3rd.).
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