In this blog, I have tried to emphasize the important topics that belong to the subject of individual factors of the ethical decision making process. In order to provide the reader consistency, I have followed subtopics of the Chapter 6 of the Business Ethics Text Book (Ferrel, Fraedrich, Ferrel).
The following subjects were presented to you in the previous posts.
· Framework for Understanding Ethical Decision Making in Business
· Model of the Ethical Decision Making Process
· INDIVIDUAL FACTORS: MORAL PHILOSOPHIES AND VALUES
· Individual Factors: Moral Philosophy
· Philosophies Used in Business Decisions
· Virtues that Support Business Transactions
· Three types of Justice provide a framework for evaluating different situations
· KOHLBERG 's Model of Cognitive Moral Development
· White-Collar Crime
· Common Justifications for White-Collar Crime
As a summary, moral philosophies and individual factors that provide principles and rules to the people were briefly presented. People mostly decide what is right or wrong with the help of these factors mentioned above. Religion, moral intensity and person’s affiliations are considered the major individual factors that affect and influence workers ethical decision-making process.
Ferrell, O.C., Fraedrich, J. and Ferrell, L. (2013). Business Ethics. Ethical Decision Making and Cases. 9th Edition.