Ethics should concern all levels of life: This document is designed as an introduction to making ethical decisions.
Search Definition of ethical decision making Ethical decision making helps people make difficult choices when faced with an ethical dilemma, a situation in which there is no clear right or wrong answer.
For example, would it be right for a CEO to keep a contractual bonus when the business is making lower-paid colleagues redundant? Ethical decision making typically examines three perspectives: The ethic of obedience looks not only at the letter of the law, but also the spirit or moral values behind it.
Finally, the ethic of reason engages our rational brain. Here we might use wisdom and experience to calculate various likely outcomes.
This three dimensional approach engages both intellect and emotional intelligence and requires what Daniel Kahneman Kahneman, D.
The other vital ingredient for ethical decision making is the social dimension. When faced with difficult choices, human beings tend to make better decisions when they work these through with others who can both support the three-dimensional process and challenge our natural biases and prejudices.Goal 1.
The knowledge and skills that lead to success in college, the ability to usecritical thinking and analysis in all aspects of student life, and preparation for assuming the role of citizen leader working for the common good (one credit).
Ethical decisions have a lot to do with what the philosopher Hannah Arendt called moral imagination. The ability to have a very broad understanding of a decision at stake.
Sarbanes–Oxley Act of ; Long title: An Act To protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to the securities laws, and for other purposes.
W2. Introduction to Data Science. Monday, May a.m. - p.m. Data science, the ability to sift through massive amounts of data to discover hidden patterns and predict future trends, may be the “sexiest” job of the 21st century, but it requires an understanding of many different elements of data analysis.
Dec 15, · What use is ethics? Ethics needs to provide answers.
Photo: Geoffrey Holman ©. If ethical theories are to be useful in practice, they need to affect the way human beings behave.
CFA Institute’s Ethical Decision-Making Framework helps investment professionals analyze and evaluate ethical scenarios where there is not a clear “right” and “wrong” path. Included are a game-based course and interactive webinars.