Which of the Following Is the First Step in the Ethical

question 13

Multiple Choice

Which of the following is the first step in the ethical decision making process?

• A)Being socialized into the firm's corporate culture
• B)Applying a personal moral philosophy in order to individualize the ethical decision making process
• C)Recognizing that an issue requires an individual or work group to make a choice that ultimately will be judged by stakeholders as right or wrong
• D)Soliciting the opinions of others in a work group or in the overall business in order to gain feedback
• E)Enforcing the firm's ethical standards with rewards and punishment

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Definitions:

Stewardship

Taking personal responsibility to always respect and protect the interests of organizational stakeholders, including society at large.

Management

The process of planning, organizing, leading, and controlling resources to achieve specific goals within an organization.

Protect

To guard or defend something or someone from harm, damage, or potential threats.

Organizational Barriers

Hindrances within a company that prevent effective communication, decision-making, and processes.