Explore BrainMass
Share

Ethical Problem and the Ethical Decision Model

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

Set forth an ethical problem that arose in your current or a former place of employment. Then, show how this problem could have been resolved by using the Ethical Decision Model (pp. 112-120). Be sure to use all four steps in the model.

Professional Development

1. Keeping in mind the principles of distributive justice and "ordinary decency," how do you think employee compensation should be determined?

2. Is it ethical to give an employee less than full value for his or her services if the employee accepts such compensation, or should an employer always pay an employee what the employer believes to be the employee's full value? Explain.

Issues to Consider

1. Sternberg argues that certain kinds of insider trading are ethical, whereas other kinds are unethical (pp. 187 - 195). Set forth your understanding of insider trading and whether or not you believe such trading to be ethical or unethical and why.

© BrainMass Inc. brainmass.com October 16, 2018, 10:46 pm ad1c9bdddf
https://brainmass.com/business/operations-research/ethical-problem-and-the-ethical-decision-model-232414

Solution Preview

Set forth an ethical problem that arose in your current or a former place of employment. Then, show how this problem could have been resolved by using the Ethical Decision Model (pp. 112-120). Be sure to use all four steps in the model.

Ethical Decision Model. This is the systematic approach to problems. It addresses to which problems businessmen actually need to care in their business capacities, and offers a way to resolve them. It is consisted of four steps:
1. Clarify the question of ethics
Depending on who asks the question, questions can be flawed. Like "when did you stop beating your wife?" is such a question. You must differentiate the faulty matters at the issue, first.

* Question: Does the head of personnel want to be generous to the employees?

2. Determine its relevance for this business
a) Is the issue relevant to business (in other words is it relevant to maximizing long term owner value?)
b) Is it relevant to this business?
c) Is it a problem for this business?

* Yes for as long as his generosity enhances the productivity or the company's image or perhaps to attract the best staff and that the rewards are proportional to contributions which in effect, can helping maximizing long-term owner value.

3. Identify the circumstantial constraints
Once the relevance is determined, next step is to identify the constraints that may limit solutions. Business decisions are constrained by laws and regulations, contracts, cultural/economic/physical/technical considerations. These are variable inputs.

? It will affect the budget of the company depending on how much the agreed financial equivalent of the 'generosity' will be.
? There is a need to make sure that the generosity will prove to be rewarding and that the expected outcomes will be met.

4. Assess available options
How alternative solutions measure up against maximizing long-term owner value and respecting distributive justice and ordinary decency.

* An organization's generosity can take a long way to improving employees' self-esteem and ...

Solution Summary

The solution discusses an ethical problem in a workplace environment and solutions to resolve the problem using the Ethical Decision Model is also explained. Also discussed is an opinion on how employee compensation should be determined based on the principles of distributive justice and 'ordinary decency.' The question on the ethical consideration of giving an employee less than full value for his or her services if the employee accepts such compensation and insider trading are also explained. References included.

$2.19
Similar Posting

System of inquiry in evaluating decision-making, problem solving and behavior in a business setting

System of inquiry in evaluating decision-making, problem solving and behavior in a business setting. Basic framework as well as a discussion on why, when, and whom it is used.

I need to write a paper on system of inquiry to be used in evaluation decision-making, problem solving, and behavior in a business setting, This model should include a basic framework as well as a discussion on why, how, when, and by whom it is used. Consider how you would implement the code, possible reactions to the code from employees, and the effect the code would have on the organization. Write a 2,100-word paper discussing your system of inquiry in detail. I just talked to a student and our paper now only has to be at least 4 pages long. I work at garden merchandising as a summer hire. I guess what I need to do is base my paper on their code of ethics. The code of ethics will be used as the basis for the System of Inquiry assignment. I could not find a code of ethics for the garden merchandising so I will use World Vision.

WORLD VISION

Who we serve
World Vision helps transform the lives of the world's poorest children and families in nearly 100 countries, including the United States. Our non-profit work extends assistance to all people, regardless of their religious beliefs, gender, race, or ethnic background.

Why we serve
World Vision is a Christian relief and development organization dedicated to helping children and their communities worldwide reach their full potential by tackling the causes of poverty.

How we serve
Relationships are the starting point and the end goal of World Vision's work. Through relationships with community leaders, World Vision's staff help communities set goals that families can achieve by working together. By our demonstration of God's love through our work, we hope that people will experience life in all its fullness.

Community Development

Helping people to discover and use their own vision, skills, and resources to move from abject poverty to abundant living.

Targeting critical needs: clean water, reliable food supplies, access to basic health care, access to education, and income-generating microeconomic development.
Partnering with churches, governments, local organizations, and international agencies.

Disaster Relief

Responding to sudden natural disasters and slow-building humanitarian emergencies around the world.

Saving lives and reducing suffering by tracking crises, pre-positioning emergency supplies for immediate response, and remaining after the crisis to rebuild and restore communities.

Global Issues

Engaging a worldwide AIDS Hope Initiative of prevention and care, especially for widows, orphans, and vulnerable children, that brings a compassionate Christian response to the HIV/AIDS pandemic.

What is your World Vision?

Points of contact to make a difference:

>> Sponsor a Child or a Family

/////////////

I am asking for suggestions and examples of systems of inquiries and how they work together with the code of ethics in business settings. A suggested outline and information would also be appreciated. I am not asking an OTA to write the essay for me. Thank you!

View Full Posting Details