Business Ethical Decision-Making Skills: Ethical Issues and Problems

The video, presented by Global Ethics Solutions, explores the inevitability of facing ethical dilemmas in one's career and emphasizes the importance of being prepared. It defines ethics as the moral ground rules guiding our lives and highlights the role of conscience in ethical decision-making, especially in the workplace. The video discusses various sources of workplace ethical dilemmas and the importance of considering stakeholders in ethical decisions. It categorizes ethical dilemmas into issues of conscience and those arising from external influences, providing examples and strategies for handling them.

What is the first step in preparing for an ethical dilemma?

• Avoiding all ethical dilemmas

• Ignoring the problem

• Relying solely on personal judgment

• Becoming aware and equipping oneself with knowledge

How are ethics defined in the context of this video?

• As company policies

• As personal opinions

• As basic moral ground rules

• As a set of laws

What is one of the basic ethical expectations from employees?

• To work overtime without pay

• To prioritize personal gain

• To play by the rules and obey the law

• To always agree with the employer

Which of the following is an example of an issue of conscience?

• Top management being corrupt

• A customer asking for special favors

• Deciding whether to call in sick or go to the beach

• A boss making inappropriate remarks

What should you consider when facing an ethical dilemma?

• Only your personal interests

• The quickest way out

• The stakeholders involved

• The easiest solution

Who are considered stakeholders in ethical decision-making?

• Only the company's management

• All parties connected to the situation

• Only the company's shareholders

• Only the decision-maker

Why is it important to think about stakeholders before acting?

• To ensure personal gain

• Because decisions can have far-reaching impacts

• To make decisions quickly

• To avoid any consequences