Ethical dilemma in business


An ethical dilemma is a situation in which a person must decide whether an action, although it may benefit the organization, individual, or both, may be considered unethical. A common test for ethical situations is called the TV or newspaper test. This test requires the stakeholder to ask, "Would I feel comfortable explaining the action taken to a newspaper or TV audience?"

Describe in detail an ethical dilemma in business that you or a coworker experienced and how it was resolved.

Besides the TV test, do you know of other tests for ethical decision making? Do you think the parties in your example applied any other tests? Explain.

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Accounting Basics: Ethical dilemma in business
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