If an organization wants to take ethics seriously, it needs to identify values to which it wishes to be committed and held accountable. Then, the organization needs to translate those values into clearly stated business practices for all employees on how to act responsibly in different circumstances.
Thinking ethically and voicing values are important aspects of moral decision making.
Using the module readings, the Argosy University online library resources, and the Internet, respond to the following questions. You can use a numbered list to describe and justify the principles relating to each step in the process.
- Which key elements should leaders consider in developing business practices that reflect an ethical organization? Justify your responses.
- Why are these elements important?
- In what situations would certain elements become more important than others?
- What principles are central to the process you are proposing? For example, you can number it as 1-2-3 and provide some discussion and justifications for the steps in each aspect:
- Set the bar.
- Motivate ethical standards.
- Provide training.
- Apply at least one ethical theory in your recommendation.