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ETHICAL DILEMMASETHICAL DILEMMAS
Group Members:Payal Goregonkar
Afsha RatansiNida Ulday
Shehzad AlviShoiab Mansuri
Group Members:Payal Goregonkar
Afsha RatansiNida Ulday
Shehzad AlviShoiab Mansuri
Meaning
• An Ethical dilemma is a complex situation that will often involve an apparent mental conflict between moral imperatives, in which to obey one would result in transgressing another
The advantages of ethical behavior include:• Higher• Improved brand and business awareness
and recognition• Better employee motivation and
recruitment• New sources of financeThe disadvantages claimed for ethical
business include:• Higher costs• Higher overheads• A danger of building up false expectations
Is Ethical Behavior Good Or Bad For
Business?
Professional ethics deals with following the policies laid out by the organization when dealing with competitors
• Misrepresentation of data, • Taking advantage of a professional situation• Instigating colleagues• Stealing or misrepresenting information for personal
benefit, • Flouting the norm of confidentiality in the workplace• Engaging in corporate espionage• Misreporting the amount or number of hours worked. • Taking credit for work done by another colleague. • Dressing inappropriately or against the dress code set
by the organization. • Being insincere, uncommitted, and disloyal towards the
organization. • Violating the established code of ethics in the• Dealing with problems in the workplace in an
unprofessional manner
Codes Of Ethics In Workplace
• Moral Uncertainty
• Self-Imposed Dilemmas
• World-Imposed Dilemmas
• Prohibition Dilemmas
The Prisoner's Dilemma
Case Study
Would You Lie?
Ethical Dilemma in Today's Business
• Nestlé’s Corporate Crimes• Nestlé’s ethical dilemmas Unethical marketing practices Overcharged prices Unfair labor practices
Applying De George’s Principles (MNC)
• Do no harm• Do more good• Respect the human rights of their
employees• Respect local regulations
Joseph K Wells(Case Study)• The case scenario
• Ethical principles at risk
• The theories of ethics applicable to my dilemma
• The resolution and the methods used
Ethical Dilemma: Vikram Karve
CATWOE MODEL
• C = CUSTOMERS, OR CLIENTS OF THE DECISION• A = ACTORS, OR AGENTS WHO CARRY OUT THE
DECISION• T = TRANSFORMATION PROCESS, THE DECISION
MAKER• W =WELTANSCHAUUNG, WORLD VIEW
PREDOMINANTLY HELD • O = OWNERS / OWNERSHIP• E = ENVIRONMENT / ENVIRONMENTAL
IMPOSITIONS
Conclusion