#Ethical decisions professional

There are several different types of ethical dilemmas that agents may encounter in the course of performing their roles and responsibilities: Employees may face situations where compromising on telling the truth or following the law seems to serve other valued goals, such as maximizing profits or avoiding layoffs.

Conducting sustainable business practicesĮthical dilemmas happen because ethics are inherently contradictory.

Acting in the best interests of customers.

Acting in the best interests of shareholders.

Taking responsibility for one’s actions.

#Ethical decisions professional

Companies and professional organizations may adopt their own ethical standards and require that employees/members adopt those standards as part of their personal business ethics.Ĭommon ethical practices in the workplace include: The agent recognizes that all available courses of action require them to compromise on some personally held ethical standard or value.Įthical standards are the moral frameworks that individuals and organizations use to guide their decision-making and differentiate between right and wrong.The agent must have more than one course of action available.The agent must be faced with a choice or the need to make a decision.We observe that ethical dilemmas can be characterized by the following three elements: What is an Ethical Dilemma?Īn ethical dilemma takes place in a decision-making context where any of the available options requires the agent to violate or compromise on their ethical standards.

When these standards and principles conflict with each other in a decision-making situation, an ethical dilemma may occur. Ethics are the moral standards and principles by which entities (individuals and organizations) govern their behaviors and decision-making.