An Introduction To Ethics Case Study
Maximizing social welfare by balancing the interest of the individuals who will be affected by an action or policy. The impact on others involved.
Seek good outcomes for affected parties
2. Two-step process, identify affected individuals and the related consequences – Stakeholder analysis. Look beyond short term impact and also make a comprehensive list of stakeholders impacted. 3. Drawbacks are tyranny and injustice to majority and not respecting individual rights
* Am I meeting my duties and respecting other’s rights? 1. Defining your duties and rights and committing to it a. Moral obligations are of three category – Voluntary, Obligation of solidarity, natural duties b. Eight basic moral principles that manager should fulfill as their duty i. Fiduciary ii. Property iii. Reliability iv. Transparency v. Dignity vi. Fairness vii. Citizenship viii. Responsiveness c. Rights – Liberal individualism. A space in which individuals can pursue their own interests and have no intrusion from the state. Basic rights need to be respected. Positive and negative …show more content…
* Influence and persuasion is most effective when it’s a win-win situation to both the parties * Greatest violation of ethical use of influence is manipulation – These r win-lose situations, though gives short-term benefits, it doesn’t last * Exaggerating your demands in a negotiation * Concealing your true intentions in order to influence a better outcome for yourself * Deliberately providing false information to gain advantage. * The sin of omission – deliberately concealing