Ethical Decision-Making
Ethical decision-making involves choosing actions based on moral principles and values. It requires individuals to evaluate the potential consequences of their choices, considering what is right or wrong. This process often includes analyzing the impact on stakeholders, such as employees, customers, and the community, to ensure fairness and integrity.
To make ethical decisions, individuals can use frameworks like the Utilitarian Approach, which focuses on maximizing overall happiness, or the Deontological Approach, which emphasizes duties and rules. By applying these frameworks, people can navigate complex situations and arrive at choices that align with their ethical beliefs and societal norms.