ETHICAL DILEMMASETHICAL DILEMMAS

Group Members:Payal Goregonkar

Afsha RatansiNida Ulday

Shehzad AlviShoiab Mansuri

Group Members:Payal Goregonkar

Afsha RatansiNida Ulday

Shehzad AlviShoiab Mansuri

Meaning

• An Ethical dilemma is a complex situation that will often involve an apparent mental conflict between moral imperatives, in which to obey one would result in transgressing another

The advantages of ethical behavior include:• Higher• Improved brand and business awareness

and recognition• Better employee motivation and

recruitment• New sources of financeThe disadvantages claimed for ethical

business include:• Higher costs• Higher overheads• A danger of building up false expectations

Is Ethical Behavior Good Or Bad For

Business?

Professional ethics deals with following the policies laid out by the organization when dealing with competitors

• Misrepresentation of data, • Taking advantage of a professional situation• Instigating colleagues• Stealing or misrepresenting information for personal

benefit, • Flouting the norm of confidentiality in the workplace• Engaging in corporate espionage• Misreporting the amount or number of hours worked. • Taking credit for work done by another colleague. • Dressing inappropriately or against the dress code set

by the organization. • Being insincere, uncommitted, and disloyal towards the

organization. • Violating the established code of ethics in the• Dealing with problems in the workplace in an

unprofessional manner

Codes Of Ethics In Workplace

• Moral Uncertainty

• Self-Imposed Dilemmas

• World-Imposed Dilemmas

• Prohibition Dilemmas

The Prisoner's Dilemma 

Case Study

Would You Lie?

Ethical Dilemma in Today's Business

• Nestlé’s Corporate Crimes• Nestlé’s ethical dilemmas Unethical marketing practices Overcharged prices Unfair labor practices

 Applying De George’s Principles (MNC)

• Do no harm• Do more good• Respect the human rights of their

employees• Respect local regulations

Joseph K Wells(Case Study)• The case scenario

• Ethical principles at risk

• The theories of ethics applicable to my dilemma

• The resolution and the methods used

Ethical Dilemma: Vikram Karve

CATWOE MODEL

• C = CUSTOMERS, OR CLIENTS OF THE DECISION• A = ACTORS, OR AGENTS WHO CARRY OUT THE

DECISION• T = TRANSFORMATION PROCESS, THE DECISION

MAKER• W =WELTANSCHAUUNG, WORLD VIEW

PREDOMINANTLY HELD  • O = OWNERS / OWNERSHIP• E = ENVIRONMENT / ENVIRONMENTAL

IMPOSITIONS

Conclusion