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Ethics Development, Understanding & Application

Date Submitted: 10/06/2004 22:55:38
Category: / Business & Economy
Length: 2 pages (594 words)
Decision-making is a process that identifies all available options to determine the most appropriate course of action given a specific situation. If this process is not followed, the decision maker risks overlooking important information, which may result in negative outcomes. Decisions are important because it creates change. When individuals make decisions, they are acting according to their personal needs or wants. Ethics also affect the decision making process. Ethics affect how an individual makes a …
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…are willing to do the right thing even when it does not benefit ourselves. Ethics has become so important that it is the topic of numerous books, the subject of seminars and politics, in science and technology, and the basis for consulting businesses. A person or organization can succeed or fail due to their ethical behavior. There should be much attention paid to the guidelines on ethical practice in all aspects of life and decision-making.
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