Discuss why ethical decision-making is essential in an organization, and the possible effects that ethical violations/unethical behaviours can have on the organization and its stakeholders.
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- Discuss briefly why ethical decision- making is essential in an organization, and the possible effects that ethical violations/unethical behaviours can have on the organization and its stakeholders.How can organizations effectively develop and implement an ethical code that promotes a culture of integrity and guides employees' behavior towards responsible and ethical decision-making?Identify the steps in the ethical decision-making framework.
- Describe a number of individual factors that affect an organization's degree of ethical conduct.Explain the model of ethical decision-making in business and explain how it differs from the process used at home, in families, and personal lives.Identify, analyze and discuss any five major ethical issues that businesses are facing today? Discuss them with suitable examples