Ethical Decision Making ProcessHow to Resolve Ethical Dilemmas in BusinessHow to Evaluate Solutions: Some TheoriesEthical Decision Making ProcessHow to Resolve Ethical Dilemmas in BusinessIdentify relevant factsIdentify relevant issue(s)Identify primary stakeholdersIdentify possible solutionsEvaluate each possible solutionCompare and assess consequencesDecide on solutionTake actionHow to Evaluate Solutions: Some TheoriesStakeholder/Utilitarian Theory: greatest good to the greatest numberRights Theory: Respecting and protecting individual rights to fair and equal treatment, privacy, freedom to advance, etc.Justice Theory: fair distribution of benefits and burdens: can harm to individual be justifiable?Categorical Imperative: “what if everyone took such action?”“Front Page Test:” What if my decision was reported on the front page of the Los Angeles
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