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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.

Examples

Fundamental Moral Unit

When making ethical decisions, the one consideration that a theory favors over all other considerations is called the Fundamental Moral…

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Work force of good

Workplace campaigns continue to be a considerable player in charitable giving, generating over $4 billion annually. Workplace giving campaigns provide…

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Ethics as a process

Use this diagram as a way to frame and make ethical decisions. There are many recommendations for how to go…

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Getting culture right as your company grows

Q: How can we grow and maintain our culture? We have a strong company culture. We are growing regionally. How…

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Practical Guidance

Tangible and Abstract

Tangible and abstract describes how we react more to vivid, immediate inputs than to ones removed in time and space, meaning we can pay insufficient attention to the adverse consequences our actions have on others. https://www.youtube.com/watch?v=RYdXjxdZkRc

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Role Morality

Role morality is the tendency we have to use different moral standards for the different roles we play in society. https://www.youtube.com/watch?v=_tPveSnUyVY

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Moral Emotions

Moral emotions are the feelings and intuitions that play a major role in most of our ethical decision making and actions. https://www.youtube.com/watch?v=C1Xtjg2GtJw

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Loss Aversion

We hate losses about twice as much as we enjoy gains, meaning we are more likely to act unethically to avoid a loss than to secure a gain. This phenomenon is known as loss aversion. https://www.youtube.com/watch?v=ordixI8HIew

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Incrementalism

Referred to as the slippery slope, incrementalism describes how we unconsciously lower our ethical standards over time through small changes in behavior. https://www.youtube.com/watch?v=ky2sAsLUKeo

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Incentive Gaming

Incentive gaming, or “gaming the system,” refers to when we figure out ways to increase our rewards for performance without actually improving our performance. https://www.youtube.com/watch?v=r4NUo8Zr8Vg

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Ethical Fading

Ethical fading occurs when we are so focused on other aspects of a decision that its ethical dimensions fade from view. https://www.youtube.com/watch?v=UdU4VZqRIO0

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Conflict of Interest

Conflict of interest arises when we have incentives that conflict with our professional duties and responsibilities in ways that cause harm to others and to society. https://www.youtube.com/watch?v=aQpZnlWk9As

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Bounded Ethicality

Bounded ethicality explains how predictable organizational pressures and psychological processes cause us to engage in ethically questionable behavior that is inconsistent with our own values and preferences. https://www.youtube.com/watch?v=Jb3EXFLoE9g

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Being Your Best Self, Part 4: Moral Action

Moral action involves taking the necessary steps to transform the intent to do the right thing into reality. This includes moral ownership, moral efficacy, and moral courage. https://www.youtube.com/watch?v=OBSac1BjVOM Here are links to the other videos in this series:

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