Code of Ethics Assignment Example | Topics and Well Written Essays - 250 words

Code of Ethics - Assignment Example List the rules and principles that your company will use in decision making. The rules and principles that one’s company will use in decision making conform to the four ethical rules or principles, to wit: utilitarian, moral rights, justice, and practical rules (Jones, 2007, p. 150). Provide a brief explanation of why you selected each rule and principle. The utilitarian rule is chosen because it stipulates following policies that would provide the greatest benefit for the greatest amount of people. Given a scenario that needs decision making, this rule would govern the most viable course of action that would ensure greatest benefits for the stakeholders or inflicting the least harm. Likewise, for moral rights, the company should adhere to â€Å"one that protects people’s rights to freedom, life and safety, property, privacy, free speech, and freedom of conscience† (Jones, 2007, p. 150). Justice, on the other hand, must be promoted within the company by instituting rules, policies and procedures that are fair and impartial. And finally, the practical rules govern a manager’s decision-making where a course of action should be selected with â€Å"no hesitation about communicating to society because the typical person would think it is accepta ble† (Jones, 2007, p. 151). These four rules and principles ensure that the company’s decision-making process conforms to the ethical, moral and legal standards expected by society and acceptable to various