Use the ethical decision-making model below or another that you know of to discuss ONE (1) of
Question:
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.
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.
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill