Significant individual factors that affect the ethical decision-making process include personal moral philosophy, stage of moral development, motivation , and other personal factors such as gender, age, and experience.
What are the factors influence decision making?
During the decision making process, there are four behavioral factors that influence the decisions we make. These behavioral factors are our values, our personality, the propensity for risk, and the potential for dissonance of the decision.
What are the factors that affect your ethical decision making as a student?
The five major categories playing a prominent role in influenc- ing business student ethical decision making within university life are Internalized Ideals and Beliefs, Institutional Influences, Influ- ential Stakeholders, University Experiences, and Academic Context .
What are 4 factors you should consider when making an ethical decision?
- Does your decision conflict with any of the core ethical values?
- Think of someone whose moral judgment you respect. ...
- How will your decision affect others?
- Ask yourself: Are my actions legal?
- Are there regulations, rules, or policies that restrict your choices/ actions?
What are the spheres of influence on ethical decision making?
It includes six subsystems or spheres of influence: workplace, profession, religion, legal system, family, and community . The focus of the study is not only on which subsystems influence ethical decision making, but also on the relative importance of those influences.
What are the 7 factors that influence a decision?
These factors, including past experience (Juliusson, Karlsson, & Gӓrling, 2005), cognitive biases (Stanovich & West, 2008), age and individual differences (Bruin, Parker, & Fischoff, 2007), belief in personal relevance (Acevedo, & Krueger, 2004), and an escalation of commitment, influence what choices people make.
What are the three factors that influence ethical decision making?
Three of the important components of ethical decision making are individual factors, organizational relationships, and opportunity .
What are the factors that affect the entrepreneurial decision making process?
According to our findings, self-efficacy, personal optimism and risk taking propensity are the main individual factors influencing the genesis of entrepreneurial decision making biases.
How does attitude affect decision making?
We suggest that attitudes influence decisions not only by guiding the evaluation of choice options , but also by guiding the assessment of goals and appraisals of the situation.
What are the environmental factors that influence decision making?
There is still a lack of a systematic and deep analysis on the influencing environmental factors of individual decision- making behavior. Various environmental factors, such as task complexity and team cohesion , also exert great influence on individual behavior.
What are some examples of ethical decision making?
Ethical behavior suggests someone is honest and forthright in communications whether written or oral. A salesperson explaining potential problems with a product is being honest. A customer service representative taking responsibility for failing to follow through with a service action is making an ethical decision.
What are ethical factors?
Many individual factors affect a person’s ethical behavior at work, such as knowledge, values, personal goals, morals and personality . The more information that you have about a subject, the better chance you will make an informed, ethical decision. ... Values are an individual’s judgment or standard of behavior.
What are the three major types of ethical issues?
Philosophers today usually divide ethical theories into three general subject areas: metaethics, normative ethics, and applied ethics .
What are the 7 spheres of influence?
They include the areas of family, economy, government, religion, education, media, and celebration . The seven spheres are to every society what the basic biological systems are to the human body – an intrinsic part of God’s design, which give life when they are functioning in a healthy manner.
How does opportunity affect ethical decision making?
Conditions in an organization that limit or permit ethical or unethical behavior is opportunity. Organizations that provide rewards or fail to draw barriers against unethical behavior will result in opportunity. ... Business ethics evaluations and intentions are the last step in the process of ethical decision-making.
Which of the following is the first step in ethical decision making process?
The first step in ethical decision making is to recognize that an ethical issue requires an individual or work group to choose among several actions that various stakeholders will ultimately evaluate as right or wrong.
