Ethical Decision Making Business Ethics And Social...

Ethical Decision-Making De’Ambre Zanders OMM640: Business Ethics and Social Responsibility (MOH1616A) Instructor: Dr. Maja Zelihic May 1, 2016 Abstract In any type of business, ethical decision-making is usually at the forefront of company operations. It shapes the foundation of a company and gives employees a moral compass as to what is expected of them ethically. Ethical-decision making prevents individuals from profiting from their own personal methods, while representing the company as a whole. There has been several cases where an individual of an establishment has gone against the company’s moral scale for their own benefit and ended up costing the company tons of money, or even worst circumstances, has caused a company to go bankrupt. After reading about Bill Daniels and his groundbreaking insurance story in Chapter 5 of Gonzalez-Padron (2015), it was obvious that Daniels displayed a great example of an ethical decision-making, as moral reasoning was his company’s entire foundation. This paper will describe the ethical tradition Bill used to save his own business, the approach he used to do so, factors that coul d motivate someone to develop higher stages of moral reasoning, and others who demonstrate dissimilar ethic styles. In any type of business, ethical decision-making is usually at the forefront of company operations. 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