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List the Six Steps to Making an Ethical Decision

question 50

Essay

List the six steps to making an ethical decision.


Definitions:

Business Strategy

A plan of action designed to achieve a long-term or overall aim in the competitive marketplace.

Business Fail

A situation where a business is unable to continue its operations or achieve its financial goals, leading to its closure or bankruptcy.

New Businesses

Refers to startups or entrepreneurial ventures that are newly established within the market.

Business Plan

Describes the direction for a new business and the financing needed to operate it.

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