Explain the Steps of the Model of Ethical Decision-Making and Describe

question 11

Essay

Explain the steps of the model of ethical decision-making and describe the additional steps that must be incorporated because of the unique nature of counseling in schools. Salient Points to Consider
a. examine the facts
b. review ethical guidelines
c. identify the nature of the problem
d. consult or seek supervision
e. consider courses of action
f. examine consequences
g. implement action
h. consider: emotional reaction, parental rights, the setting, developmental levels

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Definitions:

Sustainable Growth Rate

The maximum rate at which a company can grow its sales, earnings, and dividends without increasing debt or equity financing.

Debt Ratio

A financial ratio that measures the extent of a company's or individual's leverage, calculated by dividing total liabilities by total assets.

Selling And Administrative Expenses

Combined costs related to the selling of products and the administration of a business, excluding production costs.

Retention Ratio

The proportion of net income that is retained in the business rather than paid out to shareholders as dividends, indicating the amount reinvested in the company.