Review:
Ethical Decision Making In Business: A Managerial Approach
overall review score: 4.5
⭐⭐⭐⭐⭐
score is between 0 and 5
Ethical decision-making in business: a managerial approach refers to the process of making sound and morally defensible decisions in a business context.
Key Features
- Focus on moral values and principles
- Consideration of stakeholders' interests
- Integration of ethical frameworks into decision-making processes
Pros
- Promotes social responsibility
- Enhances organizational reputation
- Improves employee morale and engagement
Cons
- May require additional time and resources
- Complexity in balancing conflicting interests
- Potential resistance to change from existing practices