18/03/2013
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EASSAY ON USING ETHICAL DECISION MAKING APPROACHES.
INTRODUCTION:
Research has shown that while competitive advantage is also driven by exceptional resource management (Mannings 2011, 243) Ethical conduct is an important factor in sustained superior financial performance (Aspema, 2013). Making an un ethical decision can lead to a major issue for managers and potential for substantial legal and social costs for the organisation they work for (Aspema, 2013).
Whitehaven is a coal mining company established in 1999 but it commenced its mining 19 months later in September 2000. (Whitehaven, 2013). On the other hand forest conservation society is an organisation where people with a common interest with preserving the environment and most commonly trees and vegetation get to be heard and implement methods of curbing deforestation and also undertake afforestation of arid and semi-arid areas while at the same time aim to restore forests in tropical areas. Gunnedah basin forms the central part of Sydney-Gunnedah-Bowen basin system which extends along the eastern margin of Australia (Ewan 2010,120)
This paper will be arguing against the commencement of the Whitehaven mining activities around this area with the support of the 3 ethical decision making approaches which are utilitarian, moral right and justice( Robbins, bergman et ol, 2012).
BODY:
Ethical principles provide the foundations for various modern concepts for work, business and organisations which in turn broaden individual and corporate priorities far beyond traditional business aims of profit and shareholder enrichment Managers must therefore take into consideration the benefits and harm to all stakeholders in this case which would be the locals, the wildlife, the vegetation and the financial backers of the project. (Grubel 2013,66)
Whitehaven’s involvement in the maule’s creek which would be a