What Is the First Step in the Ethical Decision-Making Framework

question 89

Multiple Choice

What is the first step in the ethical decision-making framework?

• A)Identify the stakeholders impacted by the decision.
• B)Determine the facts in an unbiased manner.
• C)Discuss the issue with the stakeholders.
• D)Consider how the issue will affect the stakeholders.
• E)Identify the ethical issue at hand.

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Definitions:

Internal Business Process

Operations and strategies within a company that contribute to its goals and objectives, often focusing on efficiency and effectiveness.

Balanced Scorecard

A system for strategic planning and management that ensures business operations are in line with the organization's vision and strategy, enhances communication internally and externally, and tracks the organization's performance in relation to strategic objectives.

Performance Measures

Quantitative indicators used to assess the efficiency, effectiveness, and performance of an organization's operations.

Sales Force Efficiency

A measurement of how effectively a company's sales team converts leads into sales and achieves its targets.