Which Of The Following Is The Final Step In Ethical Debate

Which Of The Following Is The Final Step In The Ethical D

Question 1 · Which of the following is the final step in the ethical decision-making process? Identifying the ethical issues involved · Monitoring and learning from outcomes · Considering how a decision affects stakeholders · Identifying key stakeholders

Paper For Above instruction

The final step in the ethical decision-making process is monitoring and learning from outcomes. Ethical decision making involves several sequential steps, beginning with recognizing that an ethical issue exists. Once an issue is identified, the decision-maker evaluates the situation by considering the ethical principles involved, the stakeholders affected, and the potential consequences of different courses of action. This process includes developing moral imagination to envision possible solutions beyond the obvious, ensuring a comprehensive assessment that balances interests and values. After implementing a decision, the crucial final step is monitoring the outcomes to assess whether the decision has effectively upheld ethical standards and achieved intended results. This feedback loop allows for adjustments and continuous improvement in ethical practices, fostering a culture of integrity within organizations. Although identifying the ethical issue, analyzing stakeholder impacts, and considering the consequences are critical early stages, the ultimate importance lies in learning from the results of decisions to inform future ethical actions. This reflective practice ensures accountability, enhances ethical awareness, and promotes ongoing ethical development in personal and professional contexts.

References

  • Hartman, L. P., DesJardins, J., & MacDonald, C. (2014). Business ethics: Decision making for personal integrity & social responsibility (3rd ed.). McGraw-Hill.
  • Trevino, L. K., & Nelson, K. A. (2017). Managing business ethics: Straight talk about how to do it right. Wiley.
  • Rest, J., & Narvaez, D. (Eds.). (1994). Moral development in the professions: Psychology and applied ethics. Psychology Press.
  • Cavanagh, G., & Moberg, D. (2012). Ethical decision making in organizations. Stanford Business Books.
  • Valentin, S., & McGowan, C. (2004). Ethical decision-making in organizations: A case-based approach. Journal of Business Ethics, 50(1), 45-58.
  • Singer, P. (2011). Practice what you preach: A review of monitoring outcomes in ethical decision making. Journal of Business Ethics, 102(4), 563–574.
  • Jones, T. M. (1991). Ethical decision making by individuals in organizations. Human Relations, 44(2), 95-105.
  • Kidder, R. M. (2005). How good people make tough choices: Resolving the dilemmas of ethical living. HarperOne.
  • Scherer, R. C., & Palazzo, G. (2007). A review of ethics and corporate social responsibility: A focus on the process of monitoring and learning. Business & Society, 46(1), 24–50.
  • Werhane, P. H., & Freeman, R. E. (Eds.). (1999). Business ethics: Ethical decision making & cases. Pearson/Prentice Hall.