What is the importance of resolving ethical dilemmas in business?
Resolving ethical dilemmas is important mainly because it will give
solutions to the many conflicts encountered and the many different situations it deals. Ethical dilemmas should be resolved in order to have that clarity and that normal flow in business operations where employees would be productive of their respective tasks free from any distractions. Not only that but it deals with consequences either good or bad, favorable or unfavorable which helps discern issues and interests within every person involved and would be affected by the ethical dilemma. In business, many situations will be encountered which will lead to numerous consequences and helping analyze those consequences and making a decision based on those analysis will help all those who are covered by the ethical dilemma be it employees, executives and other stakeholders.