Journey Through Ethics Study Guide

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Journey Through Ethics: A Summary of Ethical Education and Revelation As an adult learner, the challenge is presented to uncover and explore ethical and legal issues for organizations by identifying foundational principles within ethics. By examining ethics, the learner is able to approach common ethical issues and determine how ethical decisions are made. Also, the adult learner will be able to, without biases, handle daily ethical issues the adult learner may face in the workplace. By understanding and defining ethics, the adult learner is able to put into practice good ethical principles that help shape organizational ethics and understand how the role of ethics influence the values and roles of the employees within a company by adhering …show more content…

To be ethical meant to have moral behaviors that consisted of actions that can be shared without shame, guilt, or embarrassment usually influenced by social or cultural norms and expectations. However, the course’s text introduces the concept of ethical dilemmas and how to resolve them; which revealed to the adult learner that ethics is more than right versus wrong and there is not always a clear-cut, black or white solution to situations. These situations are considered ethical dilemmas and often do not have definite right or wrong, but rather conflicting outcomes that can both be considered ethical based on justifiable interpretations (Ghillyer, 2014). Resolving ethical dilemmas should be approached with caution, by gathering as many facts as possible and removing emotional influences before making a decision. Ghillyer (2014) suggests that one should thoroughly analyze the consequences and actions before reaching a final resolution to ethical …show more content…

Maddoff’s son reported his unethical misconduct by operating a Ponzi scheme. “[Madoff] was accused of masterminding a Ponzi scheme on such a grand scale that the practice may well be replaced with the name ‘Madoff scheme’…” (Ghillyer, 2014, p. 133). It was not until the economic crisis in 2008, that light would begin to shed on the ill practices of Mr. Madoff; although his operations underwent a couple of detailed investigations in 1992 and 2006 (Ghillyer, 2014). Eventually, it was reported that $65 billion had disappeared, resulting in the 150-year jail sentence of Mr. Madoff (Ghillyer,