Question: Question 4 Use the ethical decision-making model below or another that you know of to discuss ONE (1) of the following ethical dilemmas: Our business

Question 4

Use the ethical decision-making model below or another that you know of to discuss ONE (1) of the following ethical dilemmas:

Our business is involved in a potential sale, which is being reported in trade publications. Only a few of the management team are aware of the details, but the rumour mill within the firm has started. As a leader, how can you best handle my employees' questions about the future and their concerns for job security when you are bound by confidentiality?

Extract from Payne, C. Caught in a tug of war. The Australian Financial Review. Mar 13, 2020.

(Total 12 marks)

An ethical decision making framework using Utilitarian and Rights Theories

Identify the ethical issue(s).

Determine the affected parties and identify their rights. .

-Determine the most important rights.

. Develop alternative courses of action.

Determine the likely consequences of each proposed course of action.

Assess possible consequences including an estimation of the greatest good for the greatest number. . Determine whether the rights framework would cause any action to be eliminated.

Decide on an appropriate course of action.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!