March 2012
Beginner
623 pages
35h 9m
English
Content preview from Business Ethics and Corporate Governance, Second Edition
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HOW TO RESOLVE AN ETHICAL PROBLEM?
Is it a policy, a decision or an action?
Is it ethical or unethical?
To resolve these questions that create a dilemma, ask three questions:
- Utility: Does its benefits exceed cost (shareholder)?
- Rights: Does it respect human rights (society)?
- Justice: Does it distribute benefits and burdens evenly (employees)?
Answers to these questions in the affirmative will be the first step in the process of solving ethical problems.