Companies and other organizations are faced with important, and often difficult, decisions all the time. These decisions, and the outcomes, could have a significant impact on a number of possible stakeholders including employees, customers, shareholders, and/or other members of the larger community. It is therefore important to consider the ethical implications of decision making.
What ethical principles or values do you think a company should consider when making decisions? Do you think organizations today meet these ethical standards? Give examples from your personal work experience or from the media that relate to these principles.
Many companies and professional organizations have ethical codes of conduct. If you were asked to develop a short document for an organization entitled “Ethical Guidelines for Making Business Decisions,” what key topics would you address?