Ethical Dilemma - Definition, How to Solve, and Examples
Curated from: corporatefinanceinstitute.com
Ideas, facts & insights covering these topics:
·
·
·
·
3 ideas
·1.28K reads
10
Explore the World's Best Ideas
Join today and uncover 100+ curated journeys from 50+ topics. Unlock access to our mobile app with extensive features.
What is an Ethical Dilemma?
An ethical dilemma (ethical paradox or moral dilemma) is a problem in the decision-making process between two possible options, neither of which is absolutely acceptable from an ethical perspective.
24
835 reads
How to Solve an Ethical Dilemma?
The biggest challenge of an ethical dilemma is that it does not offer an obvious solution that would comply with ethics al norms.
The following approaches to solve an ethical dilemma were deduced:
- Refute the paradox (dilemma): The situation must be carefully analyzed. In some cases, the existence of the dilemma can be logically refuted.
- Value theory approach: Choose the alternative that offers the greater good or the lesser evil.
- Find alternative solutions: In some cases, the problem can be reconsidered, and new alternative solutions may arise.
22
241 reads
Ethical Dilemmas in Business
- Ethical dilemmas frequently occur in the workplace. Some companies and professional organizations adhere to their own codes of conduct and ethical standards. Violation of the standards may lead to disciplinary sanctions.
- Almost every aspect of business can become a possible ground for ethical dilemmas. It may include relationships with co-workers, management, clients, and business partners.
- In order to solve ethical problems, companies and organizations should develop strict ethical standards for their employees. Every company must demonstrate its concerns regarding the ethical norms within the organization. In addition, companies may provide ethical training for their employees.
19
209 reads
IDEAS CURATED BY
Ryleigh 's ideas are part of this journey:
Learn more about problemsolving with this collection
Strategies for building self-confidence
Techniques for embracing your strengths and accomplishments
Tips for seeking support and feedback
Related collections
Similar ideas
5 ideas
Conform to the social norm: why people follow what other people do
theconversation.com
2 ideas
Why ethics and law are not the same thing
intheblack.com
2 ideas
How morally developed are you?
bigthink.com
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates