Asked by Benoit Djokotoe on Sep 28, 2024

Which of the following is the first step in the ethical decision making process?

A) Being socialized into the firm's corporate culture
B) Applying a personal moral philosophy in order to individualize the ethical decision making process
C) Recognizing that an ethical issue exists
D) Soliciting the opinions of others in a work group or in the overall business in order to gain feedback
E) Enforcing the firm's ethical standards with rewards and punishment

Ethical Decision Making

The process of evaluating and choosing among alternatives in a manner consistent with ethical principles.

Corporate Culture

The collective values, beliefs, and behaviors that shape an organization’s environment and influence how its employees interact.

Moral Philosophy

The branch of philosophy that concerns itself with questions about what is morally right or wrong, good or bad, fair or unfair.

  • Describe the ethical decision-making process and its steps.