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Ethics
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Ethics are rules that help us tell the difference between right and wrong
Based on values Values are – what we think is
important These help us decide between
right and wrong decisions.
Ethical Behaviour
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Do you value Friendship?
If so, would you: Steal from a friend Lie on a friend Betray a friend
What do you Value?
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Your answers to the previous questions are an example of how your Morals are developed.
Morals are – Rules you use to decide what’s good and what’s bad.
Morals
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Morals and Values work together to create an Ethical Code or a set of behaviours/principles that people, institutions and businesses abide by.
Code of Ethics
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Does this school have a Code of Ethics? Question
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Refer to text page 78 for the Rogers Communications Inc. Official Code of Ethics
Every Business has a Code of
Ethics
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Tough problems or questions that have to do with morality and ethics are known as Ethical Dilemmas.
There are ALWAYS potential “right” and “wrong” answers.
When a business makes a decision that weighs it’s morals and values against it’s profitability, it runs into a Ethical Dilemma.
Black/White/Grey
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Downsizing of Staff Dealing with harmful
environmental chemicals Antitrust issues Employee rights Discrimination against
women/minorites
Examples of Ethical Dilemmas
Businesses Face
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In business, there is a model that we can follow in order to make the BEST decision possible.
So How do we solve ethical Dilemmas?
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Who will be Helped by the decision?
Who will be Harmed by the decision?
What are the pros of the decision? What are the cons of the decision? Will the decision survive the test of
time?
Ethical Dilemma Resolution Model
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Workbook: Page 36 and 37 Homework