ASSIGNMENT 1: ETHICAL DECISION-MAKING
We make choices every day. Some of our choices are practical decisions about what will work best, look prettier, feel softer, taste sweeter, what to eat today or last longer. Those decisions don't necessarily involve right or wrong; they involve efficiency, availability, practicality or preference. For those choices list your options, gather information about your choices, list the pros and cons for each one, select the best option and there you have it - a real decision. On the other hand many of our choices are about doing the right thing. Each of these choices involves thousands of messages whirling inside the brain. In a split second our minds review the facts, explore our feelings, study consequences, compare the options against our beliefs and priorities, consider what others may think, and give the cue for action. Decisions happen so quickly but the consequences can last a lifetime. That's why careful consideration is important. A code of ethics can help. It determines direction in our lives.
Important decision take time and need to be think it carefully cause what you do will affect the people around you.
Say, you are a CEO in the process of finalising a business partnership which is vital for the survival of your company, and then you are appalled to discover at the last minute that your prospective partner is involved in systematic bribery of tax officials in one of the main countries where you are hoping to expand the market for your product.
So long as nobody knows that you know you overheard a conversation in a lift, or accidentally saw an email intended for someone else. You have the option of turning a blind eye. If and when the corrupt practices are brought to light, you can claim that the wool was pulled over your eyes. By that time, your balance sheet will be looking healthier and you can afford to break with your partner and let them face the trouble alone. There is no doubt