What are 3 examples of ethical decisions businesses have to make?

Ethical Issues in Business
  • Harassment and Discrimination in the Workplace. …
  • Health and Safety in the Workplace. …
  • Whistleblowing or Social Media Rants. …
  • Ethics in Accounting Practices. …
  • Nondisclosure and Corporate Espionage. …
  • Technology and Privacy Practices.

What is an ethical decision making?

Ethical decision-making refers to the process of evaluating and choosing among alternatives in a manner consistent with ethical principles. In making ethical decisions, it is necessary to perceive and eliminate unethical options and select the best ethical alternative.

What is an example of ethical decision making in the workplace?

Examples of ethical behaviors in the workplace includes; obeying the company’s rules, effective communication, taking responsibility, accountability, professionalism, trust and mutual respect for your colleagues at work. These examples of ethical behaviors ensures maximum productivity output at work.

What are the 5 examples of ethical business behavior?

Examples of Business Ethics
  • Data Protection. Businesses often collect information about their customers. …
  • Customer Prioritization. …
  • Workplace Diversity. …
  • Whistleblower Protection. …
  • Corporate Transparency. …
  • Community Outreach. …
  • Environmental Awareness. …
  • Employee Compensation.

What are three decision making examples?

Examples Of Decision-Making In Different Scenarios
  • Deciding what to wear.
  • Deciding what to eat for lunch.
  • Choosing which book to read.
  • Deciding what task to do next.

What are some examples of ethical decision making in healthcare?

An example of ethical decision-making in healthcare includes choosing between patient autonomy and beneficence. Another example is choosing between being honest to the patient and withholding information that the patient’s close family might have requested.

What are the five 5 ethical decision making process?

Their framework for Ethical Decision making includes: Recognize the Ethical Issue, Get the Facts, Evaluate Alternative Actions, Make a Decision and Test it, Act and Reflect on the Outcome.

What are the 3 ethical decision criteria?

The answer is “D”, the three criteria for making ethical decisions are utilitarianism, rights, and justice.

What are the 3 steps to ethical decision making?

Ethical reflection and decision making: A three step process
  1. Awareness of ethical issues.
  2. Application of ethical standards or principles.
  3. Practical implementation.

What are 3 ethical concerns that businesses face today?

The 5 Biggest Ethical Issues Facing Businesses
  • Unethical Accounting. “Cooking the books” and otherwise conducting unethical accounting practices is a serious problem, especially in publicly traded companies. …
  • Social Media Ethics. …
  • Harassment and Discrimination. …
  • Health and Safety. …
  • Technology/Privacy.

What are the most important ethics in the workplace?

5 most sought-after workplace ethics and behaviour
  1. Integrity. One of the most important workplace ethics is integrity. …
  2. Honesty. Being an honest individual means you do not deceive others by giving out misleading information. …
  3. Discipline. …
  4. Fair and respect. …
  5. Responsible and accountable.

What are the 7 business ethics?

There are seven principles of business ethics including accountability, care and respect, honesty, healthy competition, loyalty, transparency, and respect for the rule of law.

What is an example of an ethical business?

Patagonia has built a very strong reputation for being ethical, environmentally friendly, and using ethical sourcing. This positive reputation only strengthens its brand, and gives conscientious customers more incentive to buy.