Sam Is Applying the Three-Step Model to Help Him Decide

question 245

Short Answer

Sam is applying the three-step model to help him decide whether a particular business decision is ethical or unethical. What should he do first?
Reflect on his own ethical standards as background for the decision
Gather the relevant factual information
Consult with his boss about the situation
Make an ethical judgment about the rightness or wrongness of the situation
Determine the most appropriate moral values

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Definitions:

Random Sample

A selection process where each member of a population has an equal chance of being included in the sample, minimizing bias.

Population

In statistics and demography, a comprehensive group of individuals or items that share one or more characteristics from which data can be gathered and analyzed.

Double-blind Study

A study design in which neither the participants nor the researchers know which participants belong to the control group and which belong to the experimental group until the conclusion of the research.

Experimental Drug

A pharmaceutical compound that is in the process of being tested for effectiveness and safety in treating a particular disease or condition but has not yet received governmental approval for general use.