What About Ethics in Decision Making?

  1. 6 Contrast the three ethical decision criteria.

Ethical considerations should be important to all organizational decision ­making. In this section, we present three ways to frame decisions ethically and then address the important issue of the effect of lying on decision making.

Three Ethical Decision Criteria

The first ethical yardstick is utilitarianism, which proposes making decisions solely on the basis of their outcomes, ideally to provide the greatest good for the greatest number.75 This view dominates business decision making and is consistent with goals such as efficiency, productivity, and high profits. Keep in mind that utilitarianism is not always as objective as it sounds. A recent study indicated ...

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