Joe’s decision making dilemma can take the route of ethical egoism or virtue ethics. Ethical egoism claims that it is necessary and sufficient for an action to be morally right to maximize one's self-interest (Shaver, 2010). If Joe decides to choose ethical egoism he will considered his problems to be solved because he is seeking his own interest. From an ethical egoism standpoint Joe will make his decision based on the benefits he can gain. Benefits, such as, retaining his job, paying his mortgage, improve sales in his unit, possibly beat out his competitors, and even possibly earning a promotion or reward for improving his sales unit.
Virtue ethics on the other hand focuses on what kind of person Joe should be. Virtue ethics assumes that persons will make good decisions, because their character has been shaped in the right way and not because of personal benefits (Hursthouse, 2013). Virtue ethics implies that Joe will make his decision based on moral character. Virtuous employees generally evaluate and ethically judge business situations before decision making. So a virtuous Joe will evaluate the pros and cons and make a decision based on his morals and values.
If Joe decides to make his decision based on ethical egoism his
References: Boatright, J. R. (2009). Equality, Liberty, and virtue. In Ethics and the conduct of business(6th ed., p. 79). Upper Saddle River, N.J: Pearson Prentice Hall. Shaver, Robert, 2010. "Egoism", The Stanford Encyclopedia of Philosophy (Winter 2010 Edition). Retrieved from http://plato.stanford.edu/archives/win2010/entries/egoism/ Hursthouse, Rosalind (2013), "Virtue Ethics", The Stanford Encyclopedia of Philosophy (Fall 2013 Edition), Edward N. Zalta (ed.). Retrieved form: http://plato.stanford.edu/archives/fall2013/entries/ethics-virtue/