Assignment task:
How do I ask a question to this post: When deciding the criteria I would use to evaluate a business decision it really boils down to considering them all. I do not believe a decision can be made without each step or lane being met. Alignment with our strategic goals, financial impact, risk assessments, legal compliance, stakeholder impact, operational feasibility, and ethical considerations are all ways to truly decide and unfortunately I think each are necessary when making decisions. There are far too many instances that companies make rash decisions without factoring in each of these criteria and the choice they make back fires on them. Ethics and Morals are things we sometimes use interchangeably - but what makes a decision ethical? What criteria must it follow? When determining if a decision is in fact ethical, we should consider the following: legal compliance, moral principles, transparency, social impact, fairness, long-term consequences, consistency, and inclusivity. Moral Principles, to me, can be a little trick as each of our moral compasses may not point the exact same direction - so they can sometimes be discretionary. Ultimately though, in terms of business decisions, you would need to decide whether of not it can be evaluated against the moral principles of honesty, integrity, and fairness. Another large part of business ethics to me personally is transparency. If higher up officers or directors feel that something *should not* be disclosed to their employees or their consumers then maybe what they are not disclosing is not necessarily ethical? Seems pretty straight forward to me to consider all things transparent.