Mgt 350 The Impact Of Ethics Upon Decision Making

1351 words - 5 pages

The Impact of Ethics Upon Decision-MakingDecision making is the process of identifying problems and opportunities and choosing from alternative courses of action for dealing successfully with them. However, not all decision making follows a routine process. Complex problems invariably expose individuals in organizations to conflicting ethical and moral issues "tough choices which pit one 'right' against another" (Kidder). What is right? What is wrong? What is right-versus-right? These questions must be answered before the majority of decisions are finalized. Asking the right questions can be rewarding, and effective. Also, asking the right questions can result in a more efficient decision making process (Browne, et al., 9). Effective decision makers must assess the impact of ethics upon the process of decision making by defining ethics and examining the elements of an ethically defensible decision. Only then will equanimity be reasonably maintained.Ethics, by definition, is a philosophical discipline, applicable to individuals or groups, that balance what is good and bad with principles of conduct governing moral duty and obligation (Hurley). Ethical principles do not necessarily isolate a singular "moral" code of action, but provide a framework for analyzing and weighing competing options (Making Sense). Historically, from a philosophical perspective, there are four basic ways of thinking about ethical behavior: the utilitarian view, the individualism view, the moral rights view and the justice view. Each approach attempts to explain how ethical behavior relates to the mandates of law but also to a "broader moral code that is common to society as a whole" (Schermerhorn, et al., 14).First the utilitarian view of ethics considers "behavior which delivers the greatest good to the greatest numbers of people." Utilitarian decisions are morally weighed in relationship to the resulting consequences. "The needs of the many outweigh the needs of the few." One example could be in an impending layoff, when 350 people in a company lose their jobs, but 5500 employees remain, so the corporation can operate and continue to thrive (Schermerhorn, et al., 14).Secondly, the individualism view acknowledges ethical behavior to be what is "best for an individual's long-term self-interest." A further supposition is that a focus on long-term self-interest ensures ethical short-run actions. Conversely, individuals who make unethical short-run choices will presumably repeat unethical behavior in long-term situations. This could apply in a case where a manager denies a promotion to a qualified minority and gives place to further long run ramifications by setting an unethical precedent (Schermerhorn, et al., 14).Thirdly, ethical behavior defined by the moral rights view is that which does not compromise or violate any fundamental rights shared by all human beings. Such basic human rights are the right to life and safety, the right to speak freely, the right to private...

Find Another Essay On MGT 350 - The Impact of Ethics Upon Decision-Making

MGT 350 Critical Thinking and Decision Making: Decision Making Model

1439 words - 6 pages Decision-Making ModelUniversity of PhoenixMGT 350: Critical Thinking: Strategies in Decision MakingJuly 22, 2004Decision-Making ModelAfter doing some research on the Internet and reading some articles, I found the Josephson Institute of Ethics Seven-Step Path to Better Decisions. This model, found in the book Making Ethical Decisions, by Michael Josephson, closely resembles the process I utilize on a daily basis. I work for a professional hockey

An Analysis of Bateman and Snell Decision-Making Model: MGT 350 Decision Making Model Analysis paper

909 words - 4 pages An Analysis of Bateman and Snell Decision-Making Model [O.K. to let word processor automatically wrap.} The purpose of this paper is to analyze a decision-making model. During the course of this paper, I will analyze Bateman and Snell's decision-making model while explaining how each step relates to a recent decision my family had to make regarding a second vehicle. Throughout this paper an analysis of Bateman and Snell,'s six-step

MGT 350 - Critical Thinking: Strategies in Decision Making

896 words - 4 pages benefits of alternatives. Some steps in the process include defining the problem, gathering information, exploring alternatives (or thinking 'critically' about options), making the decision, taking action, and evaluating the decision, after it has been made. In a typical organization, the department head usually reaches the ultimate say in a decision. Although, this does not mean that only the highest authorities can finalize a decision. Through my

Decision-Making Tool: Brainstorming: MGT 350 Tools and Techniques paper

1236 words - 5 pages Decision-Making Tool: Brainstorming The purpose of this paper is to define decision-making tools and techniques. This paper will define a decision-making tool, brainstorming, and explain its application as well as when and when not to use this tool. Throughout the paper I will define, apply and explain when and when not to use brainstorming as your decision making tool. The first part is defining brainstorming. This is where a couple

Impact of ethics on decision making

823 words - 3 pages involving a particular segment in the implementation process.I think that the ground rules of ethics in decision-making could be:1.Support of the long -term goal of culture change.2.Position valuing diversity as a business strategy.3.Emphasize inclusion, mutual respect, and cooperation.4.Encourage innovation and empowerment.I think that my manager being hired was a decision based upon ethics. Although she has been with the company nine years, holds two

Decision Making Model MGT 350 Critical Thinking: Strategies in Decision Making Professor Jacqueline Wicks March 28, 2005

1012 words - 4 pages Decision Making ModelWe constantly have to solve problems everyday of our life. We have to make decisions about a variety of things. For example, what are you going to wear to work today? How are you going to get to work? Should I cross the street? How do I close the deal with the client? Some of the decisions seem smaller than others. You go through a process for your decisions.Since I started my educational career at the University of Phoenix

Fallacy Summary and Application MGT 350 - Critical Thinking: Strategies in Decision-Making July 16, 2005

1358 words - 5 pages , "Fear is the main thing we should fear." This is a fallacy because the argument is both for and against fear. In the critical thinking process, one must be able to think through the necessary steps to identify the premise of the statement. Evaluating a statement where the premise and conclusion are the same and there is no supporting evidence for the conclusion can lead to poor decision- making. Decisions-based on lack of facts will impact

Fallacies in Decision Making: MGT 350 Fallacy Summary and Application paper

1324 words - 5 pages Fallacies in Decision Making The purpose of this paper is to define and explain the relevance to critical thinking. The reason for this paper is to define and relate the relevance of three fallacies: appeal to pity, begging the question, and weak analogy, to critical thinking and the general application to decision making. The fallacies to be defined are appeal to pity or emotion, begging the question, and a weak analogy or argument of

Fallacy & Application Paper MGT 350 Critical Thinking: Strategies in Decision Making

976 words - 4 pages need and don't. Television and radio are some of the prime culprit. With the internet, things seem verging out of control, not to mention the nonstop rumbling of those around us such as our employers, friends and relatives.Almost all the time, this information which we receive is set in with arguments; the purpose is to get us to take a stance, suggest a response, make a decision and so forth. These are the reasons we by shoes of a particular name

MGT 350/ Critical Thinking: Strategies in Decision Making September 20, 2004

1164 words - 5 pages accepting payments in installments so that people can afford their medication.Now that the problems have been brought forward about the problems that the hospital faces, solutions to the problems must be thought of and implemented. These solutions may or may not be the correct decision, but they can help lead to the correct decisions.Solutions:It would be impossible to recommend a set of policies that would apply to everyone and would satisfy the

Organizational Behavior Trends: The Influence of Ethics in Decision Making and the Impact of Technology on Work-Related Stress

975 words - 4 pages In today's competitive business environment, a corporate code of conduct and ethics should serve as the foundation upon which employees make decisions based on honesty, integrity, confidence and trust. The presence of corporate codes of ethics can be associated with less wrongdoing in the organization. The presence of strong codes of ethics can also be associated with organizational commitment. In an ethical organization, it is understood that

Similar Essays

Understanding The Decision Making Model Mgt 350

974 words - 4 pages decision-making model is implementing. This involves defining steps used in implementing the decision and the time for completion. The method for reporting completed steps and the person being reported to must also be defined.The fifth and final step in the decision-making model is evaluating. The process used to assess the impact of the decision must be identified. This may involve risk and sensitivity analysis. Sensitivity analyses study how the

Decision Making Model Analysis Paper Mgt 350

1240 words - 5 pages definition in terms of outcomes allows one to clearly state the problem. This is a critical consideration because how one defines a problem determines how one defines causes and where one searches for solutions. (Ethic's Resource Center, 2003, p. 2)The second step in the decision-making model is identifying available alternative solutions to the problem. The key to this step is to not impose boundaries upon oneself. Without self imposed

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