Explain the model of ethical decision-making in business and explain how it differs from the process used at home, in families, and personal lives.
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Explain the model of ethical decision-making in business and explain how it differs from the process used at home, in families, and personal lives.
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- What role does ethical decision-making play in shaping business policies?How can organizations effectively develop and implement an ethical code that promotes a culture of integrity and guides employees' behavior towards responsible and ethical decision-making?Describe the utilitarianism, rights, fairness or justice,common good, and virtue approaches to ethical decision making. What is ethical relativism?