In
business ethics
Business ethics (also known as corporate ethics) is a form of applied ethics or professional ethics, that examines ethical principles and moral or ethical problems that can arise in a business environment. It applies to all aspects of business c ...
, Ethical decision-making is the study of the process of making decisions that engender trust, and thus indicate responsibility, fairness and caring to an individual. To be ethical, one has to demonstrate respect, and responsibility. Ethical
decision-making
In psychology, decision-making (also spelled decision making and decisionmaking) is regarded as the Cognition, cognitive process resulting in the selection of a belief or a course of action among several possible alternative options. It could be ...
requires a review of different options, eliminating those with an unethical standpoint, and then choosing the best ethical alternative.
[Josephson Institute of Ethics (2002). ''Making Ethical Decisions: Process''. Retrieved February 10, 2017, from http://blink.ucsd.edu/finance/accountability/ethics/process.html]
See also
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Ethical code
Ethical codes are adopted by organizations to assist members in understanding the difference between right and wrong and in applying that understanding to their decisions. An ethical code generally implies documents at three levels: codes of b ...
References
Business ethics
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