Recognizing an ethical issue

Outline

Introduction Honesty Fairness Integrity

Introduction

Business decisions involves unsettled dilemma

Ethical issue are situations that require negotiation before a decision is made

Honesty

Refers to truthfulness Li , Yi and Ren by Confucius Dishonesty may occur because of

economic , performance objective

Fairness

The quality of being just ,equitable and impartial

Equality, reciprocity and optimization leads to fairness

Integrity

Refers to being whole , sound and in unimpaired condition

An uncompromising adherence to ethical values in an organization

Makes every business component effective and efficient