This post addresses ethical decision making and culture.
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1. What scenario could result in a business culture becoming a determining factor in ethical decision-making?
2. What has the capacity to offer a firm direction and stability during challenging times?
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Solution Summary
This solution discusses what scenario could result in a business culture becoming a determining factor in ethical decision-making and also discusses what has the capacity to offer a firm direction and stability during challenging times.
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Lack of adequate judgment, ambiguity within laws and undefined leadership would all work either independently or could work together if all three are present to create a culture of uncertainty and poor governance. Any firm that exhibits any of the three of these factors has a culture that is capable of supporting unethical decision making. A lack of adequate judgment is the most critical factor in firms that use ethical practices compared with firms that use unethical practices. Ambiguity within the laws is also ...
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