Ethical Descion 1

7/30/2019 Ethical Descion 1

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Ethical Decision Making Process

BY: Pooja Sharma


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What is Ethics?

Ethics is derived from Greek word Ethos

Ethos means: Character ,Sentiments of Society

It is the study of who is and should be benefited/ harmedby an action, is called ethics.

Ethics deals with both conflict & opportunity in humanrelationship. ( right & wrong)

It is also the study of peoples rights & duties, the moralrules that people apply in making decisions and nature ofthe relationships among people.


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Ethics is

Rightness or Wrongness

Goodness or Badness

Keeping the Promises

Respected the sentiments of others

Principles which governs an individual behaviour


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Ethics is not

Ethics is not religion.

Many people are not religious, but ethics applies to

everyone.

Ethics is not following the law.


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Ethics in Business

Normal Principles & norms which decide right

or wrong behaviour in business world


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Making Decisions

Making good ethical decisions requires a trainedsensitivity to ethical issues and a practiced method

Having a method for ethical decision making is

absolutely essential. When practiced regularly, the method becomes so

familiar that we work through it automaticallywithout consulting the specific steps.


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Ethical dilemma

Ethical dilemmas, also known as a moral

dilemmas.

It is a situation where two sides can argue

about what is wrong or what is right.

In other words, an ethical dilemma is any

situation in which guiding moral principles

cannot determine which course of action is

right or wrong.


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Example :Ethical dilemma

Mr. Mohan ,a young man who lives with his

mother; he is her only happiness in life. But

the young man lives in occupied France during

World War II and feels obliged to fight in the

war. What does the young man do?


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A Framework for Ethical Decision

Making

Question yourself:

Could this decision or situation be damaging to

someone or to some group?

Does this decision involve a choice between a goodand bad alternative, or perhaps between two

"goods" or between two "bads"?

Is this issue about more than what is legal or whatis most efficient?


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Ethical Decision Making Process


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Consistency and Ethics

Consistencythe absence of contradictionshas sometimes

been called the hallmark of ethics. Ethics is supposed to

provide us with a guide for moral living, and to do so it must

be rational, and to be rational it must be free of contradictions

Ethics requires consistency in the sense that our moral

standards, actions, and values should not be contradictory.

Examining our lives to uncover inconsistencies and then

modifying our moral standards and behaviors so that they are

consistent is an important part of moral development.


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Ethical issues and examples

Youll find lots of examples of business ethical decisions and dilemmas in areas such as:


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Pressure for businesses to act

ethically

Businesses and industries increasingly find themselvesfacing external pressure to improve their ethical trackrecord.

An interesting feature of the rise of consumer activism

online has been increased scrutiny of businessactivities.Pressure groups are a good example of this. Pressuregroups are external stakeholders they

Tend to focus on activities & ethical practice ofmultinationals or industries with ethical issues

Combine direct and indirect action can damage thetarget business or industry


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Indian Ethos(Vadanta)

Indian ethos is drawn from the Vedas, theRamayana,Mahabharat, the Bhagwadgita, andUpanishads

Right from the Vedic age it has beendiscovered two basic universal truths of life.

1.The essential infinitude and divinity of all

souls.2.The essential oneness and solidarity of

universe and all life


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Concept of work in Vedanta

Work is here considered as an exercise of energy.

A living being has no alternative but to beworking- physically or mentally.

A non working body is a dead body. A man has towork to realize that divinity residing in him.

An Indian does not work for a livelihood only, buthe considers it as his duty( Sadhana), as Indianphilosophy teaches that every work you performcan only be an offering to that divine in you.

The view of work in Vedanta is different.


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The first truth (UPNISHADA)

AHAM BRAHMASI (I am Brahman)OrAYAM

ATMA BRAHMAN i.e. The Individual soul

isBrahmanOr TATTWAMASI (Thou art that)


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First truth :God is in everybody and thereforethere is sameness in all.

The second truth is about a holistic universe.

VYASTHI LEVEL (Individual level) my limbs, hands,legs, ears, eyes, heart, lungs.Everything are me. I

live in all of them. Their sorrows and joys are mysorrows and joys.

SAMASTHI level (the whole universe) I am not asingle individual but I am a part of the wholeuniverse just as my limbs are part of me


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Indian ethos in management:

The salient ideas and thoughts of Indian ethos in managementrevealed by our scriptures are:

1. Atmano Moksharathan, Jagat hitaya chaAll work is an opportunity for doing good to the world and thusgaining materially and spiritually in our lives.

2. Archyet Dana ManabhyamWorship people not only with material things but also by showingrespect to their ever present divinity within

3. Atmana Vindyate ViryanStrength and inspiration for excelling in work comes from the divine,God within, through prayer, holy readings and unselfish work.

4. Yogah karmasu kaushalam. Samatvam yoga uchyateHe who works with calm and even mind achieves the most.


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5. Yahishi Bhavana yasya siddhi bhavati tadrishiAs we think, so we succeed, so we become. Attention tomeans ensures the end.

6. Parasparam bhavayantah shreyah param bhavapsyathahBy mutual co-operation, respect and fellow feeling all of uswill enjoy the highest good both material and spiritual.

7. Tesham sukhm tesham shanty shaswatiInfinite happiness and infinite peace comes to them, whosee the Divine in all beings.

8. Paraspar Devo BhavRegard the other person as a divine being. All of us havethe same consciousness though our containers aredifferent.


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Relevance of Ethics

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Ethical Descion 1