Legal and Social Environment of Business Ethical Dilemmas
LEGAL AND SOCIAL ENVIRONMENT OF BUSINESS ETHICAL DILEMMAS
Ethics is an essential component of all situations and decisions of life, whether personal or professional. Ethics defines itself as, a systemized set of generally accepted standards or moral values and also the academic study of such belief systems (Massey stream glossary). Ethics can further be divided into various categories depending on the issues and aspects of each respective case. An ethical dimension of business decision-making has been discussed in ‘A Sticky Situation’, which is faced by Kent Graham (Shaw, Barry, & Sansbury, 2009). In this particular case, Kent Graham faces various normative theories of ethics. The situation faced by Kent Graham is very much important to be discussed as it deals with a very general situation which are faced by several people in their professional lives these days and also it gives a wide scope to study and analyze the various ethical dimensions of normative ethics. The situation faced by Kent Graham majorly constitutes of an ethical dilemma, which is the decision he has attempted and made. Kant’s ethics is also reasonably highlighted in this case as he is torn into two minds between a professional account manager and a responsible family head. One of the most important ethics that Kent Graham displays in this case is his egoism, which is compensated by his act as it also includes virtue ethics. Utilitarianism has also been highlighted in the decisions and situations faced by Kent Graham in this particular case study.
One of the most considered and repeatedly occurring problem in ethical dimensions is the ethical dilemma. Ethical dilemma defines itself as a situation in which there is no obvious right or wrong decision. These arguments can be refuted in various ways, for example by showing that the claimed ethical dilemma is only apparent and does not really exist (thus is not a paradox logically), or that the solution to the ethical dilemma involves choosing
Ethics is an essential component of all situations and decisions of life, whether personal or professional. Ethics defines itself as, a systemized set of generally accepted standards or moral values and also the academic study of such belief systems (Massey stream glossary). Ethics can further be divided into various categories depending on the issues and aspects of each respective case. An ethical dimension of business decision-making has been discussed in ‘A Sticky Situation’, which is faced by Kent Graham (Shaw, Barry, & Sansbury, 2009). In this particular case, Kent Graham faces various normative theories of ethics. The situation faced by Kent Graham is very much important to be discussed as it deals with a very general situation which are faced by several people in their professional lives these days and also it gives a wide scope to study and analyze the various ethical dimensions of normative ethics. The situation faced by Kent Graham majorly constitutes of an ethical dilemma, which is the decision he has attempted and made. Kant’s ethics is also reasonably highlighted in this case as he is torn into two minds between a professional account manager and a responsible family head. One of the most important ethics that Kent Graham displays in this case is his egoism, which is compensated by his act as it also includes virtue ethics. Utilitarianism has also been highlighted in the decisions and situations faced by Kent Graham in this particular case study.
One of the most considered and repeatedly occurring problem in ethical dimensions is the ethical dilemma. Ethical dilemma defines itself as a situation in which there is no obvious right or wrong decision. These arguments can be refuted in various ways, for example by showing that the claimed ethical dilemma is only apparent and does not really exist (thus is not a paradox logically), or that the solution to the ethical dilemma involves choosing