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Provide an example of an ethical decision-making situation you may encounter in your profession. Do not provide a solution, just a scenario.

An ethical decision- making is attaining goals of my business with large profit being used to pay employees. As an entrepreneur, I wanted to increase the profit of my business without a bad layoff. I never wanted to select some employees to lay off because some workers will take it as bad luck (Zerbe et al.,2008). Bad lay off can lead the remaining employees to reduce their job satisfaction, a decline in business loyalty and decrease in performance of the job. 

What is the ethical dilemma caused by the situation?

The best course to resolve the dilemma is cutting the workforce by not replacing empty job positions. For example, I cannot hire a replacement for workers who are retiring or have left hence save a lot of money.

Identify the best course of action to resolve the dilemma.

The positive consequences of the course of action are my business will reap economic benefits because of cutting costs of not paying workers’ salaries and benefits.

Positive and negative consequences of the course of action.

The negative consequences of the course of action are that reducing workers by not replacing retired one can discourage productivity and creativity. My business can lose a critical employee in a certain department (Zerbe et al.,2008). In addition, it can lead to an increase of stress to remaining employees because of overworking.

References

Zerbe, W. J., Härtel, C. E., & Ashkanasy, N. M. (2008). Emotions, ethics and decision-making. Emerald Group Publishing.