BUS 223 Lecture Notes - Lecture 3: Enbridge, Peer Pressure, Inattentional Blindness
8 Sep 2017
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Recall from last week: values & principles, ethics & the law. Ethics: roles and perspectives: what roles do we occupy, social roles -> brother/sister, son/daughter, friend, teammate, mentor, neighbour, husband/wife, dad/mom, professional roles -> lawyer, accountant. Institutional roles -> employee, student, citizen: how do roles matter, many roles bring special ethical obligations (e. g. obligation between parents/kids, we"ll consider -> decision-making from perspective of, the individual, the manager. Decision making: the textbook suggests this process as a guide, determine the facts. Identify stakeholders and consider the situation from their point of view. Consider the available alternatives also called moral imagination . Consider how a decision affects stakeholders, comparing and weighing the alternatives based on: consequences, duties, rights, principles. Stakeholders: within a corporation, employees, customers, local community, government, suppliers, owners (shareholders, anyone who is affected by decisions, why think about stakeholders, makes decision more reasonable, reminds us whose interests matter, a useful checklist.
