Factors that influence ethical decision-making. Three essential components of good business ethics are competing fairly and honestly, communicating truthfully, and not causing harm to others. Three major influences on ethical decision making are culture, knowledge, and organizational culture. When facing an ethical dilemma, you can often find clarity by starting with universal standards of justice, considering the rights of everyone involved, being as objective as possible, not assuming that other people think the way you do, and avoiding conflicts of interest.
(1) If you go to work tomorrow morning and your boss asks you to do something you consider unethical, what factors will you take into consideration before responding? (2) How can you balance the business need to inspire employees to compete aggressively with the moral need to….