ADMS 1000 Lecture Notes - Lecture 10: Automotive Industry, Organizational Culture, Scientific Management
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To determine if an action is right or wrong, one must examine the end result or likely consequences of an action o o. Must achieve the greatest amount of good for the greatest number of people in order for the action to be considered ethical. Costs of doing all the repairs vs. legal costs and damages due to potential lives lost. The difficulty in estimating or measuring relative benefits and costs to all stakeholders affected. Example: many canadian businesses are increasingly conducting business globally. The process or means to achieve the results is ignored. Cannot be applied universally o: obligations may override ethics o. Rules may not be applied consistently to our professional vs. personal lives as it is always a grey area and requires a lot of thought. Some suggest that self-interest is a major influence on unethical behaviour.