Ethical Awareness & Framing (Ethical Decision-Making)
Business is complex, so it is vital that businesspeople can recognize and address ethical issues as they arise. Ethical awareness and framing is the first step in ethical decision-making. Awareness and framing involve exploring and evaluating both the ethical and business aspects of a situation. It also means recognizing the ethical implications of one’s actions and potential repercussions from decisions.
By Ernest Owens NOVEMBER 15, 2020 — 2:00PM Q: What steps do you go through when you make a business decision? A: The assumption is you are conducting a cost vs. benefit analysis. You are in a situation where you want to optimize your return. First state the problem clearly; what are you trying to improve? Then have someone or group you trust give their insight on the issue. Will your decision enhance or detract from your stated objectives? Once confident you understand the issue, define the cost to do it both quantitatively and qualitatively. On the quantitative side, what cost outlays…Learn More
We’re all familiar with optical or auditory illusions and how they can affect our perception. But just as our physical senses can be tricked, our moral sense can be fooled, too. Moral illusions can lead even the most well-meaning people astray. Learning about behavioral ethics can help you uncover these moral illusions. And it can also help you learn how to guard against them. https://www.youtube.com/watch?v=i_4g-cNQD-c&t=5sLearn More