Ethical Decision-Making Ethics can be defined as standards that indicate how one should behave based on moral duties and virtues. As a practical matter, ethics is about how we meet the challenge of doing the right thing when that will cost more than we want to pay. One must have the ability to discern right from wrong and good from evil, and then commit to do what is right or good. Most people have convictions …showed first 75 words of 1065 total…

…showed last 75 words of 1065 total…lives were lost. This is sad but the real tragedy lies in the fact that all managers new this outcome was very possible. There is no particular solution for all of these issues. There is only hope that ethical standards and social responsibilities would guide every manager throughout his/her career. Professional conduct should be governed by a code of ethics and nothing should prevent a manager from maintaining high ethical standards and social responsibility.