Ethical Decision Making

Ethical Decision Making

• Approaches to Ethics
• Before starting the examples we must highlight the approaches that we are going to use for the problems
• Utilitarian approach
• Individualism approach
• Moral-right approach
• Justice approach
• Practical approach
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• Bildunterschrift: The PLUS method is a great way to make business decisions

Example 1

• Your coworker is giving his brother a major discount on your product.
• For this case we will give you a justice approach. Specifically the distributive one, where our coworker gives a beneficial treatment to the person just for being his relative, where all our clients must receive the same benefits
• Main values
• Equity
• Justice
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• Bildunterschrift: It is unethical to benefit clients because they are family

Example 2

• You're close to finalizing a deal when you find out some of the information you've provided the client isn't true.
• In this case we want to give you a practical approach, if we realize our error quickly we correct it or if we have already closed the deal we also make our mistake known since if we do not we will create a bad image of ourselves and lose integrity About us
• Main Values
• Honest
• Responsability
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• Bildunterschrift: By wanting to close a business we could damage our image and lose potential customers

Example 3

• The company plans to launch a skin cream in the market and one of its ingredients may be harmful for the health of the users in the long run. As an employee, should you be part of such a project?
• Here I would like to give you a moral right approach since we have the decision to participate in the project, from our point of view supporting a product that damages the integrity of the user that goes against our moral principles since we want to take advantage of the ignorance of these of the product
• Main Values
• Moral
• Integrity
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• Bildunterschrift: Profiting from the ignorance of others is poor and very frowned upon