Ethical Decision Making Framework Flashcards, test questions and answers

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What is Ethical Decision Making Framework?

An ethical decision making framework is a set of guiding principles that help individuals and organizations identify, analyze, and resolve ethical issues. The framework helps people to make decisions that are in line with the organization’s values and mission. It also encourages individuals to consider the potential consequences of their choices, as well as how their decisions fit into the larger context of social responsibility.There are several components of an ethical decision making framework. First, it is important to identify the stakeholders involved in any given situation and assess their interests or needs. This is followed by clarifying the values at stake for each stakeholder as well as for society in general. Next, an individual must consider any relevant legal restrictions or regulations before making a decision. After considering these factors, it is important to evaluate possible solutions by exploring both short-term and long-term consequences associated with them. Finally, a decision should be made that reflects organizational values while adhering to any applicable laws or regulations.The main purpose of an ethical decision making framework is not only to ensure compliance with laws but also to promote fairness, respect for others’ rights and interests, and social responsibility when dealing with difficult situations. For instance, if a company was considering whether or not to introduce a new product into its market that could potentially harm customers’ health, it would first need to consider all stakeholders affected by this choice and then evaluate potential solutions using its ethical framework before coming up with an acceptable outcome for all involved parties. By taking into consideration both legal implications and moral considerations when deciding on how best to proceed in such cases can help protect everyone from unnecessary harm while still allowing companies room for growth without compromising on ethics standards. In conclusion ,an effective ethical decision making framework provides organizations with guidance when navigating difficult situations so they can make well-informed decisions based on moral considerations rather than just relying on laws alone. This type of system encourages organizations to think critically about how their actions will impact all stakeholders involved , resulting in fairer outcomes overall .