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| ethical dilemma in business definition: Business Ethics and Corporate Governance Fernando A.C., 2010-09 |
| ethical dilemma in business definition: The Seven Signs of Ethical Collapse Marianne M. Jennings, 2006-08-22 Do you want to make sure you · Don't invest your money in the next Enron? · Don't go to work for the next WorldCom right before the crash? · Identify and solve problems in your organization before they send it crashing to the ground? Marianne Jennings has spent a lifetime studying business ethics---and ethical failures. In demand nationwide as a speaker and analyst on business ethics, she takes her decades of findings and shows us in The Seven Signs of Ethical Collapse the reasons that companies and nonprofits undergo ethical collapse, including: · Pressure to maintain numbers · Fear and silence · Young 'uns and a larger-than-life CEO · A weak board · Conflicts · Innovation like no other · Belief that goodness in some areas atones for wrongdoing in others Don't watch the next accounting disaster take your hard-earned savings, or accept the perfect job only to find out your boss is cooking the books. If you're just interested in understanding the (not-so) ethical underpinnings of business today, The Seven Signs of Ethical Collapse is both a must-have tool and a fascinating window into today's business world. |
| ethical dilemma in business definition: Managing Business Ethics Linda K. Trevino, Katherine A. Nelson, 2016-09-13 Revised edition of the authors' Managing business ethics, [2014] |
| ethical dilemma in business definition: Tractionology Joe Stolte, 2020-02 For: Purpose-Driven Service-Based-BusinessesWhat If there's an easier way to generate and close more (and better) clients consistently month after month?When was the last time you heard a prospective client say something like... I've been looking for someone just like you... I already know I want to work with you... Or my favorite... how do we start working together RIGHT NOW?The sad reality is most client-based businesses don't hear this from their prospective clients.Instead, they're stuck in the price war and hear things more like... I need to think about it... it's too expensive... or I need to talk to my spouse or business partner...Tractionology is your step-by-step guide to the science of getting more (and better) clients. It's written for coaches, consultants, experts, freelancers, insurance agents, mortgage brokers, wealth managers, attorneys, and anyone who is in the 'client business' or professional services world. Inside you'll learn exactly how to attract, convert, and transform more (and better) clients to scale your service-based business. You'll also discover: - Six simple traction channels you can use to immediately get your dream clients buying from you without spending a dime on advertising (page 45)- A step-by-step guide to generating goodwill in your marketplace so you can finally stop chasing clients and get them coming to you (page 33)- How to eliminate sales resistance and skepticism by systematically creating trust and goodwill with your dream clients (page 37)- The scientific process for crafting razor-sharp, magnetic messaging that makes the hair on the back of your prospects neck stand up (page 79)- The secret to getting your ideal target clients to buy from you while ignoring the competition (page 51)- Why starting with Facebook or YouTube ads is a recipe for disaster and what to do instead (page 69)- The perfect sales call script that closes high-paying clients in one call (page 101)- How to transform your clients into raving fans who send you an army of referrals (page 129)- How to ethically steal the growth secrets from Silicon Valley's best companies to scale your service-based business (page 137) And much more. Getting more (and better) clients for your services business doesn't have to be hard. Tractionology shows you the step-by-step process for turning sales and marketing for your service-based business into a science. Get your copy, scale your business, and make an even bigger impact in your market today! |
| ethical dilemma in business definition: Introduction to Business Lawrence J. Gitman, Carl McDaniel, Amit Shah, Monique Reece, Linda Koffel, Bethann Talsma, James C. Hyatt, 2024-09-16 Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond. This is an adaptation of Introduction to Business by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License. |
| ethical dilemma in business definition: Ethics for A-Level Mark Dimmock, Andrew Fisher, 2017-07-31 What does pleasure have to do with morality? What role, if any, should intuition have in the formation of moral theory? If something is ‘simulated’, can it be immoral? This accessible and wide-ranging textbook explores these questions and many more. Key ideas in the fields of normative ethics, metaethics and applied ethics are explained rigorously and systematically, with a vivid writing style that enlivens the topics with energy and wit. Individual theories are discussed in detail in the first part of the book, before these positions are applied to a wide range of contemporary situations including business ethics, sexual ethics, and the acceptability of eating animals. A wealth of real-life examples, set out with depth and care, illuminate the complexities of different ethical approaches while conveying their modern-day relevance. This concise and highly engaging resource is tailored to the Ethics components of AQA Philosophy and OCR Religious Studies, with a clear and practical layout that includes end-of-chapter summaries, key terms, and common mistakes to avoid. It should also be of practical use for those teaching Philosophy as part of the International Baccalaureate. Ethics for A-Level is of particular value to students and teachers, but Fisher and Dimmock’s precise and scholarly approach will appeal to anyone seeking a rigorous and lively introduction to the challenging subject of ethics. Tailored to the Ethics components of AQA Philosophy and OCR Religious Studies. |
| ethical dilemma in business definition: Ethics and the Early Childhood Educator Stephanie Feeney, Nancy K. Freeman, 2018 New foreword by Rhian Evans Allvin--Cover. |
| ethical dilemma in business definition: Business Law I Essentials MIRANDE. DE ASSIS VALBRUNE (RENEE. CARDELL, SUZANNE.), Renee de Assis, Suzanne Cardell, 2019-09-27 A less-expensive grayscale paperback version is available. Search for ISBN 9781680923018. Business Law I Essentials is a brief introductory textbook designed to meet the scope and sequence requirements of courses on Business Law or the Legal Environment of Business. The concepts are presented in a streamlined manner, and cover the key concepts necessary to establish a strong foundation in the subject. The textbook follows a traditional approach to the study of business law. Each chapter contains learning objectives, explanatory narrative and concepts, references for further reading, and end-of-chapter questions. Business Law I Essentials may need to be supplemented with additional content, cases, or related materials, and is offered as a foundational resource that focuses on the baseline concepts, issues, and approaches. |
| ethical dilemma in business definition: Business Ethics O. C. Ferrell, 1990-12 |
| ethical dilemma in business definition: Ethics Without the Sermon Laura L. Nash, 2010-01-01 Corporate values and corporate operations have always been dynamically intertwined, but today more than ever the trend toward focusing on the social impact of the corporation is an inescapable reality that must be factored into managerial decision making. Instead of the utopian and sometimes anticapitalistic bias that marks much of applied business philosophy, this article presents a process of ethical inquiry that is immediately accessible to managers and executives. The process begins with 12 basic questions What is needed is a process of ethical inquiry that is immediately comprehensible to a group of executives and not predisposed to the utopian, and sometimes anticapitalistic, bias marking much of the work in applied business philosophy. First step is a set of 12 questions that draw on traditional philosophical frameworks but that avoid the level of abstraction normally associated with formal moral reasoning. Since 1922, Harvard Business Review has been a leading source of breakthrough ideas in management practice. The Harvard Business Review Classics series now offers you the opportunity to make these seminal pieces a part of your permanent management library. Each highly readable volume contains a groundbreaking idea that continues to shape best practices and inspire countless managers around the world. |
| ethical dilemma in business definition: Just Business Alexander D. Hill, 1997-01-01 To those faced with the many questions and quandaries of doing business with integrity, here is a place to beggin. Alexander Hill explores the Christian concepts of holiness, justice, and love, and shows how some common responses to business ethics fall short of these. Then, he turns to penetrating case studies on such pressing topics as employer-employee relations, discrimination, and affirmative action. |
| ethical dilemma in business definition: Blind Spots Max H. Bazerman, Ann E. Tenbrunsel, 2012-12-23 When confronted with an ethical dilemma, most of us like to think we would stand up for our principles. But we are not as ethical as we think we are. In Blind Spots, leading business ethicists Max Bazerman and Ann Tenbrunsel examine the ways we overestimate our ability to do what is right and how we act unethically without meaning to. From the collapse of Enron and corruption in the tobacco industry, to sales of the defective Ford Pinto, the downfall of Bernard Madoff, and the Challenger space shuttle disaster, the authors investigate the nature of ethical failures in the business world and beyond, and illustrate how we can become more ethical, bridging the gap between who we are and who we want to be. Explaining why traditional approaches to ethics don't work, the book considers how blind spots like ethical fading--the removal of ethics from the decision--making process--have led to tragedies and scandals such as the Challenger space shuttle disaster, steroid use in Major League Baseball, the crash in the financial markets, and the energy crisis. The authors demonstrate how ethical standards shift, how we neglect to notice and act on the unethical behavior of others, and how compliance initiatives can actually promote unethical behavior. They argue that scandals will continue to emerge unless such approaches take into account the psychology of individuals faced with ethical dilemmas. Distinguishing our should self (the person who knows what is correct) from our want self (the person who ends up making decisions), the authors point out ethical sinkholes that create questionable actions. Suggesting innovative individual and group tactics for improving human judgment, Blind Spots shows us how to secure a place for ethics in our workplaces, institutions, and daily lives. |
| ethical dilemma in business definition: Conscious Capitalism, With a New Preface by the Authors John Mackey, Rajendra Sisodia, 2014-01-07 The bestselling book, now with a new preface by the authors At once a bold defense and reimagining of capitalism and a blueprint for a new system for doing business, Conscious Capitalism is for anyone hoping to build a more cooperative, humane, and positive future. Whole Foods Market cofounder John Mackey and professor and Conscious Capitalism, Inc. cofounder Raj Sisodia argue that both business and capitalism are inherently good, and they use some of today’s best-known and most successful companies to illustrate their point. From Southwest Airlines, UPS, and Tata to Costco, Panera, Google, the Container Store, and Amazon, today’s organizations are creating value for all stakeholders—including customers, employees, suppliers, investors, society, and the environment. Read this book and you’ll better understand how four specific tenets—higher purpose, stakeholder integration, conscious leadership, and conscious culture and management—can help build strong businesses, move capitalism closer to its highest potential, and foster a more positive environment for all of us. |
| ethical dilemma in business definition: For-Profit Enterprise in Health Care Institute of Medicine, Committee on Implications of For-Profit Enterprise in Health Care, 1986-01-01 [This book is] the most authoritative assessment of the advantages and disadvantages of recent trends toward the commercialization of health care, says Robert Pear of The New York Times. This major study by the Institute of Medicine examines virtually all aspects of for-profit health care in the United States, including the quality and availability of health care, the cost of medical care, access to financial capital, implications for education and research, and the fiduciary role of the physician. In addition to the report, the book contains 15 papers by experts in the field of for-profit health care covering a broad range of topicsâ€from trends in the growth of major investor-owned hospital companies to the ethical issues in for-profit health care. The report makes a lasting contribution to the health policy literature. â€Journal of Health Politics, Policy and Law. |
| ethical dilemma in business definition: Business Ethics in Biblical Perspective Michael E. Cafferky, 2015-08-19 Michael Cafferky sets a new standard in the field of business ethics with this comprehensive textbook from a Christian perspective. Using twelve biblical themes to evaluate contemporary ethical approaches and concerns, he covers consumer behavior, management, accounting, marketing, corporate responsibility and more. |
| ethical dilemma in business definition: The Fourth Industrial Revolution Klaus Schwab, 2017-01-03 World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolution, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wearable sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manufacturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individuals. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frameworks that advance progress. |
| ethical dilemma in business definition: Code of Ethics for Nurses with Interpretive Statements American Nurses Association, 2001 Pamphlet is a succinct statement of the ethical obligations and duties of individuals who enter the nursing profession, the profession's nonnegotiable ethical standard, and an expression of nursing's own understanding of its commitment to society. Provides a framework for nurses to use in ethical analysis and decision-making. |
| ethical dilemma in business definition: The Alliance Reid Hoffman, Ben Casnocha, Chris Yeh, 2014-07-08 The New York Times Bestelling guide for managers and executives. Introducing the new, realistic loyalty pact between employer and employee. The employer-employee relationship is broken, and managers face a seemingly impossible dilemma: the old model of guaranteed long-term employment no longer works in a business environment defined by continuous change, but neither does a system in which every employee acts like a free agent. The solution? Stop thinking of employees as either family or as free agents. Think of them instead as allies. As a manager you want your employees to help transform the company for the future. And your employees want the company to help transform their careers for the long term. But this win-win scenario will happen only if both sides trust each other enough to commit to mutual investment and mutual benefit. Sadly, trust in the business world is hovering at an all-time low. We can rebuild that lost trust with straight talk that recognizes the realities of the modern economy. So, paradoxically, the alliance begins with managers acknowledging that great employees might leave the company, and with employees being honest about their own career aspirations. By putting this new alliance at the heart of your talent management strategy, you’ll not only bring back trust, you’ll be able to recruit and retain the entrepreneurial individuals you need to adapt to a fast-changing world. These individuals, flexible, creative, and with a bias toward action, thrive when they’re on a specific “tour of duty”—when they have a mission that’s mutually beneficial to employee and company that can be completed in a realistic period of time. Coauthored by the founder of LinkedIn, this bold but practical guide for managers and executives will give you the tools you need to recruit, manage, and retain the kind of employees who will make your company thrive in today’s world of constant innovation and fast-paced change. |
| ethical dilemma in business definition: Workplace Ethics Paul Falcone, 2022-03-01 LEARN TO NAVIGATE COMPLEX EMPLOYEE MANAGEMENT ETHICAL CHALLENGES Paul Falcone, author of 101 Difficult Conversations to Have with Employees, teaches you the leadership principles that cultivate an ethical workplace and legally protect your company. Ethical challenges ranging from designing a diversity and inclusion strategy to creating a process for handling harassment allegations or establishing an employee discipline or termination process can overwhelm even senior leaders. This quick-guide walks you through these and many more critical ethical challenges you’ll face when managing a team and workplace. Workplace Ethics provides solutions for: Facing common ethical challenges in the workplace and offers quick pointers to help you navigate those situations. Understanding The Sarbanes-Oxley Act of 2002 affects your team and meeting SOX obligations. Educating employees how they can foster an ethical work environment at any level. Identifying failing diversity and inclusion initiatives and how to fix them. Mastering the tools needed to ethically manage your team and legally protect the company. This quick-guide will help you cement your reputation as a selfless and emotionally intelligent leader who sets high expectations and achieves exceptional results. |
| ethical dilemma in business definition: Model Rules of Professional Conduct American Bar Association. House of Delegates, Center for Professional Responsibility (American Bar Association), 2007 The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts. |
| ethical dilemma in business definition: Business, Ethics, and the Environment W. Michael Hoffman, Robert Frederick, Edward S. Petry, 1990-11-21 From the eighth National Conference on Business Ethics sponsored by the Centre for Business Ethics at Bentley College. |
| ethical dilemma in business definition: Business & Society Archie B. Carroll, Ann K. Buchholtz, 2006 BUSINESS AND SOCIETY employs a stakeholder management framework. This framework emphasizes a business's social, legal, political, andethical responsibilities to both external and internal groups that have a stake, or interest, in that business. It is a fundamental goal of the course that students really get that responsible business decision makers strive to balance and protect the interests of various stakeholders-investors, employees, community, environment, etc. An emphasis is also placed on the fact that one needs to understand that business situations will continually arise that will truly test ones values and ethics. BUSINESS AND SOCIETY not only exposes students to diverse and important stakeholder and ethical frameworks for considering and protecting stakeholder interests, through its use of cases andother real-world applications, this text enhances the precision with which students think about and practice ethical decision making.Opportunities to apply stakeholder and ethical systems to specific business problems abound, and questions are provided with all cases andapplications to focus student reasoning, ensuring excellent preparation for class discussions. |
| ethical dilemma in business definition: Ethics in Forensic Science J.C. Upshaw Downs, Anjali Ranadive Swienton, 2012-03-26 The word ethical” can be defined as proper conduct. A failure of forensic scientists to act ethically can result in serious adverse outcomes. However, while seemingly simple to define, the application of being ethical” is somewhat more obscure. That is, when is ethical, ethical, and when is it not? Because we have an adversarial legal system, differences of opinion exist in forensic science. However, there are instances when differences are so divergent that an individual's ethics are called into question. In light of not only the O.J. Simpson trial - the first national trial to question the ethical behavior of forensic scientists - and the National Academy of Science critique of forensic science, ethical issues have come to the forefront of concern within the forensic community. Ethics in Forensic Science draws upon the expertise of the editors and numerous contributors in order to present several different perspectives with the goal of better understanding when ethical lines are crossed. In order to achieve this goal, comparisons of various canons of ethics from medicine, law, science, religion, and politics will be examined and applied. Lastly, case studies will be presented to illustrate ethical dilemmas and provide a real-world context for readers. Edited by a well known forensic attorney/consultant and a leading medical examiner, Ethics in Forensic Science addresses the concerns of the entire forensic community - the laboratory, medical examiner, and crime scene investigator. It will be an invaluable reference for practitioners in forensic and/or criminal justice programs, crime scene investigators/photographers, law enforcement training centers, police academies and local agencies, as well as forensic consultants and forensic scientists. |
| ethical dilemma in business definition: Business Ethics as a Science Maxim Storchevoy, 2017-11-22 The book considers how to make the methodology of business ethics more scientific, especially its normative branch. Storchevoy explores the attempts of economic theory to contribute to the scientific normative analysis of economic behavior, particularly the welfare economics of 1910-1950 and methodological discussions of economics and ethics from 1980-2015. He then examines the development of the methodological structure of business ethics in general since the 1980s and the scientific validity of normative business ethics, including stakeholder theory, the separation thesis, integral social contract theory, corporate social responsibility, virtue ethics and other frameworks. He concludes by suggesting an additional step to make business ethics a more systematic discipline by developing a typology of moral issues and dilemmas. Business Ethics as a Science will be a thought-provoking resource for students and practitioners of business ethics and economists alike. |
| ethical dilemma in business definition: Ethical Challenges Deni Elliott, 2008-06 In a span of 81 days in 1978, Henry Rono broke four world records, committing the most ferocious assault on the track-and-field record books by a middle-distance runner in the history of the sport. This is what Henry Rono is known for. However, it is not who Henry Rono is. Henry Rono was born a poor Nandi in Kenya's Rift Valley. After an accident when he was two, doctors believed he would never again walk. This would be the first of countless obstacles Rono would have to overcome in order to pursue his two life goals: to first become the greatest runner in the world and then to become the best teacher he could be. Rono's first goal was accomplished in 1978, when he was considered not only the greatest track-and-field athlete in the world, but also by many to be the world's greatest athlete period. His second and greater goal, to become a teacher, was more difficult in coming. Once Rono became a star, coaches, agents, meet directors, and corrupt Kenyan athletic officials (whose boycotts of the 1976 and 1980 Olympics turned Rono's dreams of Olympic gold into Olympic smoke rings), wanted him to serve as their personal moneymaker, and so they did everything they could to discourage Rono's pursuit of an education and dream of teaching. The corruption and discouragement Rono encountered, as well as his alienation and exile from his homeland and family, pushed him to 20 years of alcoholism and even occasional homelessness. This is the life story of Henry Rono, whose descent from triumph to abyss, and whose subsequent ascent from abyss to triumph, are perhaps steeper than those of any track-and field athlete in history. |
| ethical dilemma in business definition: Ethical Dilemmas in Psychotherapy Samuel Knapp, Michael C. Gottlieb, Mitchell M. Handelsman, 2015 New and experienced psychotherapists alike can find themselves overwhelmed by an ethical quandary where there doesn't seem to be an easy solution. This book presents positive ethics as a means to overcome such ethical challenges. The positive approach focuses on not just avoiding negative consequences, but reaching the best possible outcomes for both the psychotherapist and the client. The authors outline a clear decision-making process that is based on three practical strategies: the ethics acculturation model to help therapists incorporate personal ethics into their professional roles, the quality enhancement model for dealing with high-risk patients who are potentially harmful, and ethical choice-making strategies to make the most ethical decision in a situation where two ethical principles conflict. Throughout the decision-making process, psychotherapists are encouraged to follow four basic guidelines: Focus on overarching ethical principles Consider intuitive, emotional, and other nonrational factors Accept that some problems have elusive solutions Solicit input from colleagues and consultation groups Numerous vignettes illustrate how to apply positive ethics to many different ethical challenges that psychotherapists will likely encounter in practice. |
| ethical dilemma in business definition: Meeting the Ethical Challenges of Leadership Craig E. Johnson, 2017-01-10 Ethics is at the heart of leadership. All leaders assume ethical burdens and must make every effort to make informed ethical decisions and foster ethical behavior among followers. The Sixth Edition of Meeting the Ethical Challenges of Leadership: Casting Light or Shadow explores the ethical demands of leadership and the dark side of leadership. Author Craig E. Johnson takes a multidisciplinary approach to leadership ethics, drawing from many fields of research to help readers make moral decisions, lead in a moral manner, and create an ethical culture. Packed with real-world case studies, examples, self-assessments, and applications, this fully-updated new edition is designed to increase students’ ethical competence and leadership abilities. |
| ethical dilemma in business definition: Introduction to Business Ethics Gilad James, PhD, Business ethics is an important aspect of modern-day business operations. It refers to the moral principles and values that dictate how business activities should be conducted. The concept of business ethics encompasses a broad range of practices, including transparency, honesty, respect for human rights, fair labor practices, environmental stewardship, and ethical leadership. Business ethics is important for both the internal and external stakeholders of an organization. Internally, businesses that prioritize ethical practices have been found to enjoy higher employee morale, productivity, and overall job satisfaction. Externally, ethical business practices can help build a positive reputation, foster customer loyalty, and increase long-term profitability. There are several critical factors that have contributed to the emergence of business ethics as a cornerstone of modern business practices. These factors include growing public awareness and concern about ethical issues, increasing regulatory and legal requirements, and evolving social and moral norms. This has led to the development of corporate social responsibility, which recognizes the responsibility of organizations to act in a socially responsible manner, taking into account the impact of their activities on the environment, society, and the economy. In conclusion, business ethics has become a fundamental concept in contemporary business operations, with its contribution going beyond just financial profits. It emphasizes the role of organizations in society and emphasizes the importance of operating in a just and equitable manner that respects the interests of all stakeholders. Overall, businesses that prioritize ethical practices demonstrate a commitment to sustainable and responsible business practices that promote the well-being of society as a whole. The success of these businesses is rooted in their ability to balance profitability with a wider social agenda. As businesses continue to evolve and adapt to an ever-changing landscape, it is clear that business ethics will remain a cornerstone of responsible and sustainable business practices. |
| ethical dilemma in business definition: The Great Mental Models, Volume 1 Shane Parrish, Rhiannon Beaubien, 2024-10-15 Discover the essential thinking tools you’ve been missing with The Great Mental Models series by Shane Parrish, New York Times bestselling author and the mind behind the acclaimed Farnam Street blog and “The Knowledge Project” podcast. This first book in the series is your guide to learning the crucial thinking tools nobody ever taught you. Time and time again, great thinkers such as Charlie Munger and Warren Buffett have credited their success to mental models–representations of how something works that can scale onto other fields. Mastering a small number of mental models enables you to rapidly grasp new information, identify patterns others miss, and avoid the common mistakes that hold people back. The Great Mental Models: Volume 1, General Thinking Concepts shows you how making a few tiny changes in the way you think can deliver big results. Drawing on examples from history, business, art, and science, this book details nine of the most versatile, all-purpose mental models you can use right away to improve your decision making and productivity. This book will teach you how to: Avoid blind spots when looking at problems. Find non-obvious solutions. Anticipate and achieve desired outcomes. Play to your strengths, avoid your weaknesses, … and more. The Great Mental Models series demystifies once elusive concepts and illuminates rich knowledge that traditional education overlooks. This series is the most comprehensive and accessible guide on using mental models to better understand our world, solve problems, and gain an advantage. |
| ethical dilemma in business definition: Ethical Leadership and Decision Making in Education Joan Poliner Shapiro, Jacqueline A. Stefkovich, 2021-11-29 The fifth edition of the best-selling text, Ethical Leadership and Decision Making in Education, continues to address the increasing interest in ethics and assists educational leaders with complex dilemmas in today’s challenging, divided, and diverse societies. Through discussion and analysis, Shapiro and Stefkovich demonstrate the application of four ethical paradigms – the ethics of justice, critique, care, and the profession. After illustrating how the Multiple Ethical Paradigms may be applied to authentic dilemmas, the authors present cases written by graduate students, practitioners, and academics representing dilemmas faced by educational leaders in urban, suburban, and rural public and private schools and universities, in the U.S. and abroad. Following each case are questions that call for thoughtful, complex thinking and help readers apply the Multiple Ethical Paradigms to practical situations. New in the Fifth Edition are more than ten new cases that cover issues of food insufficiency, the pandemic’s effects on diverse school populations, a student’s sexual orientation, transgender students in the university, lock-down drills for young children, refugees in a Swedish school, boundaries in high school sports, generational differences in an adult diploma school, acceptance of animals on campus, and hate speech in the academy. This edition also includes teaching notes for the instructor stressing the importance of self-reflection, use of new technologies, and global appeal of ethical paradigms and dilemmas. This book is a critical resource for aspiring and practicing administrators, teacher leaders, and educational policy makers. |
| ethical dilemma in business definition: Principles of Management David S. Bright, Anastasia H. Cortes, Eva Hartmann, 2023-05-16 Black & white print. Principles of Management is designed to meet the scope and sequence requirements of the introductory course on management. This is a traditional approach to management using the leading, planning, organizing, and controlling approach. Management is a broad business discipline, and the Principles of Management course covers many management areas such as human resource management and strategic management, as well as behavioral areas such as motivation. No one individual can be an expert in all areas of management, so an additional benefit of this text is that specialists in a variety of areas have authored individual chapters. |
| ethical dilemma in business definition: Moral Imagination Mark Johnson, 2014-12-10 Using path-breaking discoveries of cognitive science, Mark Johnson argues that humans are fundamentally imaginative moral animals, challenging the view that morality is simply a system of universal laws dictated by reason. According to the Western moral tradition, we make ethical decisions by applying universal laws to concrete situations. But Johnson shows how research in cognitive science undermines this view and reveals that imagination has an essential role in ethical deliberation. Expanding his innovative studies of human reason in Metaphors We Live By and The Body in the Mind, Johnson provides the tools for more practical, realistic, and constructive moral reflection. |
| ethical dilemma in business definition: Utilitarianism - Ed. Heydt John Stuart Mill, 2010-08-06 John Stuart Mill’s Utilitarianism is a philosophical defense of utilitarianism, a moral theory stating that right actions are those that tend to promote overall happiness. The essay first appeared as a series of articles published in Fraser’s Magazine in 1861; the articles were collected and reprinted as a single book in 1863. Mill discusses utilitarianism in some of his other works, including On Liberty and The Subjection of Women, but Utilitarianism contains his only sustained defence of the theory. In this Broadview Edition, Colin Heydt provides a substantial introduction that will enable readers to understand better the polemical context for Utilitarianism. Heydt shows, for example, how Mill’s moral philosophy grew out of political engagement, rather than exclusively out of a speculative interest in determining the nature of morality. Appendices include precedents to Mill’s work, reactions to Utilitarianism, and related writings by Mill. |
| ethical dilemma in business definition: Laudato Si Pope Francis, 2015-07-18 “In the heart of this world, the Lord of life, who loves us so much, is always present. He does not abandon us, he does not leave us alone, for he has united himself definitively to our earth, and his love constantly impels us to find new ways forward. Praise be to him!” – Pope Francis, Laudato Si’ In his second encyclical, Laudato Si’: On the Care of Our Common Home, Pope Francis draws all Christians into a dialogue with every person on the planet about our common home. We as human beings are united by the concern for our planet, and every living thing that dwells on it, especially the poorest and most vulnerable. Pope Francis’ letter joins the body of the Church’s social and moral teaching, draws on the best scientific research, providing the foundation for “the ethical and spiritual itinerary that follows.” Laudato Si’ outlines: The current state of our “common home” The Gospel message as seen through creation The human causes of the ecological crisis Ecology and the common good Pope Francis’ call to action for each of us Our Sunday Visitor has included discussion questions, making it perfect for individual or group study, leading all Catholics and Christians into a deeper understanding of the importance of this teaching. |
| ethical dilemma in business definition: Artificial Intelligence for a Better Future Bernd Carsten Stahl, 2021-03-17 This open access book proposes a novel approach to Artificial Intelligence (AI) ethics. AI offers many advantages: better and faster medical diagnoses, improved business processes and efficiency, and the automation of boring work. But undesirable and ethically problematic consequences are possible too: biases and discrimination, breaches of privacy and security, and societal distortions such as unemployment, economic exploitation and weakened democratic processes. There is even a prospect, ultimately, of super-intelligent machines replacing humans. The key question, then, is: how can we benefit from AI while addressing its ethical problems? This book presents an innovative answer to the question by presenting a different perspective on AI and its ethical consequences. Instead of looking at individual AI techniques, applications or ethical issues, we can understand AI as a system of ecosystems, consisting of numerous interdependent technologies, applications and stakeholders. Developing this idea, the book explores how AI ecosystems can be shaped to foster human flourishing. Drawing on rich empirical insights and detailed conceptual analysis, it suggests practical measures to ensure that AI is used to make the world a better place. |
| ethical dilemma in business definition: The Ethics of Investing Joakim Sandberg, 2008 |
| ethical dilemma in business definition: Introduction to Business Ethics James Fieser, Alexander Moseley, 2012 Varied discussions of business ethics both theoretical and concrete. Includes ethical obligation, human greed, limits of economic freedom, deceptive advertising, price fixing and unsafe working conditions. |
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| ethical dilemma in business definition: Ethics in Finance John R. Boatright, 2008 Beginning with examples of the scandals that have shaken public confidence in the ethics of Wall Street, this book explains the need for ethics in the personal conduct of finance professionals and the operation of financial markets and institutions. A broad range of practical issues in the financial services industry, investment decision making, and corporate financial management are explored, focusing on standards of fairness in market transactions and the duties of fiduciaries and agents in financial relationships. Among the topics covered are unethical sales practices, the churning of accounts, personal trading by fund managers, discrimination in home mortgage lending, the role of institutional investors, the socially responsible investment movement, insider trading and program trading, the abuse of bankruptcy, and hostile takeovers. Ethics in Finance also contains a critical examination of conception of the theory of the firm in finance and the financial objective of firms. - product description. |
| ethical dilemma in business definition: Encyclopedia of Ethical Failure Department of Defense, 2009-12-31 The Standards of Conduct Office of the Department of Defense General Counsel's Office has assembled an encyclopedia of cases of ethical failure for use as a training tool. These are real examples of Federal employees who have intentionally or unwittingly violated standards of conduct. Some cases are humorous, some sad, and all are real. Some will anger you as a Federal employee and some will anger you as an American taxpayer. Note the multiple jail and probation sentences, fines, employment terminations and other sanctions that were taken as a result of these ethical failures. Violations of many ethical standards involve criminal statutes. This updated (end of 2009) edition is organized by type of violations, including conflicts of interest, misuse of Government equipment, violations of post-employment restrictions, and travel. |
ETHICAL Definition & Meaning - Merriam-Webster
The meaning of ETHICAL is of or relating to ethics. How to use ethical in a sentence. Synonym Discussion of Ethical.
ETHICAL | English meaning - Cambridge Dictionary
ETHICAL definition: 1. relating to beliefs about what is morally right and wrong: 2. morally right: 3. An ethical…. Learn more.
ETHICAL Definition & Meaning | Dictionary.com
Ethical definition: pertaining to or dealing with morals or the principles of morality; pertaining to right and wrong in conduct.. See examples of ETHICAL used in a sentence.
Ethics | Definition, History, Examples, Types, Philosophy, & Facts ...
Apr 21, 2025 · The term ethics may refer to the philosophical study of the concepts of moral right and wrong and moral good and bad, to any philosophical theory of what is morally right and …
Ethical - definition of ethical by The Free Dictionary
1. pertaining to or dealing with morals or the principles of morality; pertaining to ethics. 2. being in accordance with the rules or standards for right conduct or practice, esp. the standards of a …
ethical adjective - Definition, pictures, pronunciation and usage …
Definition of ethical adjective in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
What does Ethical mean? - Definitions.net
Ethical refers to principles of right or wrong that govern a person's behavior or the conducting of an activity. It pertains to accepted standards of conduct based on concepts of morality, …
What Does Ethical Mean? | Clear Principles Explained
Ethical refers to principles that govern behavior, ensuring actions align with moral values and societal norms. Ethics is a branch of philosophy that deals with questions about what is …
ethical - Wiktionary, the free dictionary
May 15, 2025 · ethical (comparative more ethical, superlative most ethical) (philosophy, not comparable) Of or relating to the study of ethics. The philosopher Kant is particularly known for …
What Does Ethical Mean? - The Word Counter
Apr 2, 2022 · According to Dictionary, the word ethical is an adjective that means related to morals or principles or the concept of right and wrong. If something is ethical, it is within moral …
ETHICAL Definition & Meaning - Merriam-Webster
The meaning of ETHICAL is of or relating to ethics. How to use ethical in a sentence. Synonym Discussion of Ethical.
ETHICAL | English meaning - Cambridge Dictionary
ETHICAL definition: 1. relating to beliefs about what is morally right and wrong: 2. morally right: 3. An ethical…. Learn more.
ETHICAL Definition & Meaning | Dictionary.com
Ethical definition: pertaining to or dealing with morals or the principles of morality; pertaining to right and wrong in conduct.. See examples of ETHICAL used in a sentence.
Ethics | Definition, History, Examples, Types, Philosophy, & Facts ...
Apr 21, 2025 · The term ethics may refer to the philosophical study of the concepts of moral right and wrong and moral good and bad, to any philosophical theory of what is morally right and …
Ethical - definition of ethical by The Free Dictionary
1. pertaining to or dealing with morals or the principles of morality; pertaining to ethics. 2. being in accordance with the rules or standards for right conduct or practice, esp. the standards of a …
ethical adjective - Definition, pictures, pronunciation and usage …
Definition of ethical adjective in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
What does Ethical mean? - Definitions.net
Ethical refers to principles of right or wrong that govern a person's behavior or the conducting of an activity. It pertains to accepted standards of conduct based on concepts of morality, …
What Does Ethical Mean? | Clear Principles Explained
Ethical refers to principles that govern behavior, ensuring actions align with moral values and societal norms. Ethics is a branch of philosophy that deals with questions about what is …
ethical - Wiktionary, the free dictionary
May 15, 2025 · ethical (comparative more ethical, superlative most ethical) (philosophy, not comparable) Of or relating to the study of ethics. The philosopher Kant is particularly known for …
What Does Ethical Mean? - The Word Counter
Apr 2, 2022 · According to Dictionary, the word ethical is an adjective that means related to morals or principles or the concept of right and wrong. If something is ethical, it is within moral …
