This website uses cookies to ensure you have the best experience. Learn more

Ethics In Making Decisions. Speaks Of Managing.

661 words - 3 pages

Written Assignment #2Challenger Case #1There are so many instances in life where ethics play a major role in decisions that we, as humans, make. Ethical decision making processes take place mostly when conclusions are reached that directly effect people, but what are ethics? The Random House-Webster¹s Dictionary of Modern English defines ethics as: The branch of philosophy dealing with values relating to human conduct, with respect to the rightness and wrongness of actions and the goodness and badness of motives and ends. This paints a pretty clear picture of what it means to make ethical decisions.This sounds like if you just follow your conscience then it would be fairly easy to come up with the right verdict. There is only one flaw in respect to this hypothesis; it doesn¹t always work. A prime example of this is the space shuttle Challenger accident that took place on 28 January 1986. This accident, That affected many lives beyond those of the crew, was a direct result of managerial breakdown.The text offers two paths which managers can take when formatting decisions. The first of these are programmed decisions which are routine, repetitive, well structured situations through the use of predetermined decision rules. If we clearly analyze the Challenger Case we can see thatthis set of principles doesn¹t apply. There was no standard operating procedure here for unreliable O-rings. This was not an assembly line where one flaw will shut down an entire days work. This was a space craft with people in it and the only profit to be made here was the advancement of science. As stated in the text when we begin to get into Nonprogrammed decisions we can see that as situations become random and illstructured they seek the advise of upper levels of management. This was a very random problem that occurred with the defective O-rings, therefore it would have worked its way up to the higher...

Find Another Essay On Ethics in making decisions. Speaks of managing.

Managing Ethics in the Workplace Essay

1913 words - 8 pages company handbook or set of ethics policies is relatively inexpensive and one maybe pleasantly surprised to find that the employees will welcome the policies, knowing that they are being provided to them for their protection (C.C. Verschoor & J.J. Cahalanos, 1999).In conclusion the benefits of managing ethics in the workplace can be advantageous. A few benefits include cultivating strong teamwork and productivity, maintaining a moral course in

are referendums a sensible mechanism for making decisions in a representative democracy? - university of reading - essay

1572 words - 7 pages Are referendums a sensible mechanism for making decisions in a representative democracy? A referendum is a general vote by the electorate on a single political question which has been referred to them for a direct decision . In contrast, a representative democracy is where citizens within a country elect representatives to make decisions on behalf of them in the form of mp’s as is the case in the UK. Although the UK occasionally incorporates

Ethics in Business Decision Making

993 words - 4 pages The field of ethics (or moral philosophy) involves systematizing, defending, and recommending concepts of right and wrong behavior (Fieser, 2009). Many of the decisions one faces in a typical day could result in a multitude of outcomes. At times it can be hard to determine whether or not the decision you are making is an ethical one. Many philosophies have been devised to illustrate the different ways of evaluating moral decisions. Normative

How to use Research in Making Business Decisions

2258 words - 9 pages defined as the processes involved assisting in making sound business decisions. Some of the studies involved in this process include: descriptive, explanatory, and predictive studies. For this investigation, the theory of "descriptive studies" was employed. This form of study attempts to define and answer specific research questions in order to focus its area of investigation, and clarify the objectives. Some of the research questions/objectives used

How to Use Research in Making Business Decisions

1888 words - 8 pages In an ever-changing business environment, managers have to make decisions with far-reaching consequences, preemptive measures have to be taken in order to avoid threats and identify opportunities. With the help of business research, managers can make informeddecisions based on the result of an organized, systematic, data-based, critical, objective, scientific inquiry or investigation into a specific problem (Sekaran, 2003, p.5).This study will

Ethics in Accounting and Financial Decision Making

586 words - 2 pages order to make important decisions and achieve the organization's mission.The importance of ethics in accounting and financial decision making is to ensure the integrity of financial information. Professional judgment is based on ethical behavior, which refers to doing the right thing and applying accounting skills. Ethics is a process that evaluates actions done by the employer or employees from the perspective of moral principles or values

Ethics In Accounting And Financial Decision Making

884 words - 4 pages Ethics in Accounting and Financial Decision MakingIn today's business world, many organizations place a tremendous emphasis on ethics and the financial decision making process within organizations. All organizations are expected to behave in an ethical manner in the current economy. There are many factors that influence organizations to ensure and enforce ethical policies. The objective of this paper is to discuss ethics in accounting and

Impact of ethics on decision making

823 words - 3 pages addressed.I think the ground rules of ethics in decision-making should be:1.Level of perceived risk - The extent to which a segment perceives valuing diversity as a potential threat.2.Primary motivation - The principal reasons why a segment would be interested in making decisions regarding ethics.3.Key segment messages - Major themes to emphasize in communications to a particular segment.4.Timing of segment involvement - the appropriate time for

The Impact of Ethics on Decision Making

1485 words - 6 pages evaluate your ethical values.The Impact of Ethics on Decision-MakingDefining the ElementsAn ethically defensible decision is one that has been well thought out and looked at from all possible angles. All possible angles include everyone involved including but not limited to employees, stakeholders, and other organizations. Also, when making ethically sound decisions, it may help to look at possible solutions in terms of what good the decision

The Impact of Ethics on Decision-Making

1337 words - 5 pages The Impact of Ethics on Decision-MakingDefining the ElementsAn ethically defensible decision is one that has been well thought out and looked at from all possible angles. All possible angles include everyone involved including but not limited to employees, stakeholders, and other organizations. Also, when making ethically sound decisions, it may help to look at possible solutions in terms of what good the decision will bring about, and also what

Ethics in Politics and Business, an oxymoron? Speaks of the theories of Sisselia Bok, Douglas Lackey, and Milton Friedman. Includes personal opinion

4236 words - 17 pages the government should tell its people. Of course there are many times when the government does not tell us (i.e. society) everything upon a certain matter. This is where the former student can believe that having ethics is an oxymoron. When the government lies to us, when morally it is unacceptably to lie, the public sense is being hypocritical. But as Bok speaks of in her book, there are a set of rule that are bounding factors of both the

Similar Essays

Considering Ethics When Making Business Decisions

1828 words - 8 pages Considering ethics when making business decisions: The thin line between strategic and immoral alternatives Business decisions are made with the bottom-line concept as the primary focus. As definitions of business and business ethics evolve, the concept of this focus also reshapes the decision and the decision making process. Case studies have shown that decisions are made by management that involves individual perception as well as business

How Far Does Situation Ethics Give A Practical And Modern Way For Making Moral Decisions Religious Studies Ethics Essay

559 words - 3 pages . Tolerance towards homosexual relationships are a relatively new concept in modern society and we are clearly able to apply situation ethics to it with the idea of agape – selfless love. Therefore, it can be assumed that it would be possible to apply this theory to future ethical problems; so situation ethics, in this example, does give a practical and modern way to make decisions. Agape is the boss principle in situation ethics. Many people in society

Leadership And Ethics Course, Through Military Discussing Ethical Decisions As They Relate To Utilitarian Teleologist, Kantian Deontologist And Decision Making,

3080 words - 12 pages is that of a Kantian Deontologist (KD) who's reasoning would be to follow the order to evacuate, leaving them there. Their ethical reasoning is related directly to performance of their duty, following orders given to them by command and not of an emotional feeling. Kantian is derived from the philosopher Immanuel Kant whose ethics are founded on rationality as the higher good, and that people are rational beings. When making a decision you must

Affect Of Cultural Values And Personal Ethics In Business Decisions

1227 words - 5 pages representatives and so on (Colero). The above stated quote gives and excellent informal standards of professional ethics. The informal principles of professional ethics are a blueprint that most people in businesses and many other workplace settings can refer to when some guidelines are unclear. The bullet points supply great characteristics and/or qualities he or she should have in making business decisions or involve these in the critical thinking