Decision-Making Issues in the American Business

Due to the new, all-encompassing corporate environment that has emerged in the 21st century, the majority of international companies, particularly those in America, do face a great deal of ethical challenges. Business organizations are responsible for creating and presenting the set of ethical standards and rules that all association members must follow and put into action. The notions of compliance and governance, decision-making, integrity and trust, diversity accommodations, and workplace harassment are only a few of the fundamental ethical issues that American firms must address. The decision problems still stand out as one of the supreme ethical issues that most organizations confront in their daily operations.

In the everyday business environment, there is often a requirement for the individuals to make decisions. But the making of such decisions usually necessitates the following of the ethical framework as set by a company for which one might be working. The ethical decision-making assists the people in making the intricate options when they are confronting any moral problem and have no clear idea of what is wrong or right (FINANCIAL TIMES). The ethical decision-making in the business organization typically inspects the three perceptions of ethics that are the care, obedience, and that of reason.

The compliance ethic looks at both the letter of the statute and the spirit of the moral principles that are under its governance. The ethic of care employs the emotional astuteness and understanding when it comes to the decision-making from other individuals’ point of view. Lastly, there is the ethic of the reason that engages the people’s rational thinking ability and involves the use of wisdom and experience in the computation of the variety of the likely results (FINANCIAL TIMES). The social dimension is also another vital aspect for the ethical decision-making in the business organization. People usually have a tendency of making superior decisions while working alongside those who are capable of supporting and overcoming the challenges of the natural biases when they face the terrible options.

The business organizations always amalgamate diverse people with different reasoning capacity and every one of them having a personal concern for their benefits thus resulting in the conflict of interest between the members. The clash of the people’s interests usually ends up resulting in circumstances that are challenging to the employer or the organization’s leaders morally. The case is always standard for the leaders who are ethically upright with the clear conscience and are having the business interests at hand before anything else. The dilemma comes to pass when such heads decide upon the best course of the deed to take (MANAGEMENT STUDY GUIDE).

The problem in decision-making can also arise in the organization when there is the making of the notable facts and values. The implication of such a situation is where the leader embraces and weighs the case of what is there and what ought to be present (SBA). An excellent instance is when the business enterprise expends more resources on the development, research, or in upgrading some products and services and their reflection is in the end price. The end users may view the increment in the cost as being manipulative.

Another difficulty in decision-making in the enterprise usually arises when there is a fine line that differentiates the good from the bad in the instances where there is the opinion difference in the moral permissibility. The sad news in the business world is the side by side existence of the evil and right which leads to tougher decisions in the hands of the leaders. The example to represent such a case is the Nestle infant modus operandi that led to many fatality cases in Kenya as the formula’s preparation was in the unhygienic water. The shocking news was that the same method qualified to be a life saver in the other nations which makes the challenge to rely on the minimization of the wrong and trying to reach a consensus (MANAGEMENT STUDY GUIDE).

The prediction of the decision-making results in the uncertainty period is almost futile due to the ethical principles that are under its association. One moral law in the decision-making has the assumption that the decision’s outcome was known and the resolution that consequences in the utmost good for the majority of people is usually the best. But in the practical real life situation, the actual result’s anticipation for a given course of action is unfeasible. For that case, the hesitation is the mother of all the intricacies in the ethical decision-making.

In conclusion, there can be a statement that the organization’s moral standpoints and critics are conflicting and are by exclusively diverse sets of rationale, and there is a significant incompatibility in the justification of the ethical arguments’ intentions. Taking, for instance, is the environmental protection foundation’s critic to the organization’s operations for the environmental pollution. But the business can respond through the justification of the more value it is adding to the society which makes it comfortable by its services and products.

Works Cited

FINANCIAL TIMES. “Ethical Decision-Making Definition from Financial Times Lexicon.” Financial Times Lexicon - The Definitive Dictionary of Economic, Financial and Business Terms, lexicon.ft.com/Term? term=ethical-decision-making.

MANAGEMENT STUDY GUIDE. “Difficulties in Ethical Decision Making.” Management Study Guide - Free Training Guide for Students and Entrepreneurs, 2017, www.managementstudyguide.com/difficulties-in-ethical-decision-making.htm.

SBA. “Making Decisions | The U.S. Small Business Administration | SBA.gov.” U.S. Small Business Administration | The U.S. Small Business Administration | SBA.gov, www.sba.gov/managing-business/leading-your-business/making-decisions.