BUSI 4705 Chapter Notes - Chapter 5: Cultural Relativism, Egotism, Relativism

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Essentials of business ethics chapter 5: ethical decision-making framework. Employees need to know how to independently derive a moral answer to business issues . Of the things we think, say, or do: The two mentioned above are not philosophically systematic. The moral philosophy literature provides a more systematic approach for deriving moral conclusions. Some ethical reasons are more morally acceptable than others. An ethics decision making framework, parallels lawrence kohlberg"s stage of moral reasoning: who are the people affected by the action? (stakeholder analysis, this helps to inform the ethical analysis) If the answers to 5&6 is yes, this action is the most ethical. If the answers to 5&6 are mixed, this action is moderately ethical. This framework can help managers reach a moral conclusion regarding the rightness or wrongness of any decision. The answers to question 5&6 point managers in the direction of the most moral decision. Furthers my interests right, conflicts with my interests.

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