Acc/260 Week 4 Essay

1253 WordsAug 30, 20136 Pages
ACC 260 Week 4 Assignment 1 Write a 900- to 1,350-word paper in which you critique each of the philosophical approaches for each of the scenarios in Appendix B. Evaluate whether or not the course of action you chose for the Philosophical Approaches to Ethical Decision Making CheckPoint really is ethical and whether or not the reasoning for that course of action makes sense. Ask yourself the following questions: o Is the course of action really the most ethical choice? o If so, are these the best reasons for making this choice? Explain. o If not, why? What is a better choice? o What reasons are there for believing this alternative is more ethical? ï‚• Format your paper according to APA guidelines, including any references to the textbook or other sources. Assignment: Critiquing Philosophical Approaches to Ethical Decision Making When it comes to making ethical decisions there are many different approaches to reach a decision. There is an ethical decision making (EDM) framework which incorporates traditional requirements for profitability and legality, as well as requirements shown to be philosophically important to stakeholders. The EDM framework asses the ethicality of a decision or action by examining the consequences or well-offness created in terms of net benefit or cost, rights and duties affected, fairness involved, and the motivation or virtues expected. Within the EDM framework there are three major philosophies used when making ethical decisions for a business. Being able to utilize all three of the EDM philosophies is massively important in order to make the right decision not only for the business but the stakeholders and yourself as well. The first philosophical approach is consequentialism. The consequentialism approach determines whether a decision or act is ethical depending upon its consequences. Brooks (2007) stated, “The consequentialist

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