Ethical Decision-Making Essay, business and finance homework help

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Business Finance

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Throughout this course, you will participate in a variety of critical thinking exercises designed to engage you in evaluating and selecting appropriate quantitative models and methods. A key aspect of this process involves ethical considerations. In an essay of 750-1,000 words, explore ethical decision making and arrive at conclusions relevant to your industry (I am working in health care as a Registred nurse) and perspectives of Christian worldview.

How do ethical business practices influence the evaluation, selection, and application of an analytical, quantitative business model? How does the selection of an appropriate business model reflect ethical practice? Frame your ethical considerations from both a Christian worldview and business practice perspective.

What role do individuals and management play in ensuring the appropriate business model is chosen, used, and evaluated for effectiveness?

Support your assertions with evidence from the readings, external research, and the textbook.

Prepare the assignment according to the guidelines found in the APA Style Guide

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

Rubric attached

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6/19/2017 Ethical Decision-Making Essay | LoudCloud Systems Ethical Decision‐Making Essay 1 Unsatisfactory 0.00% 2 Less than Satisfactory 74.00% 3 Satisfactory 79.00% 4 Good 87.00% 5 Excellent 100.00% A discussion of how ethical business practices influence the evaluation, selection, and application of an analytical, quantitative business model is not included. A discussion of how ethical business practices influence the evaluation, selection, and application of an analytical, quantitative business model is present, but it lacks detail or is incomplete. A discussion of how ethical business practices influence the evaluation, selection, and application of an analytical, quantitative business model is present. A discussion of how ethical business practices influence the evaluation, selection, and application of an analytical, quantitative business model is clearly provided and well‐developed. A comprehensive discussion of how ethical business practices influence the evaluation, selection, and application of an analytical, quantitative business model is thoroughly developed with supporting details. 20.0 % What are the sources of strength for an analytics competitor? A discussion of how the selection of an appropriate business model reflects ethical perspective is not included. A discussion of how the selection of an appropriate business model reflects ethical perspective is included, but it lacks detail or is incomplete. A discussion of how the selection of an appropriate business model reflects ethical perspective is included. A detailed discussion of how the selection of an appropriate business model reflects ethical perspective is provided and well‐developed. A comprehensive discussion of how the selection of an appropriate business model reflects ethical perspective is thoroughly developed with supporting details. 15.0 % How has this article influenced your views about quantitative business modeling and its utility in business decision making? A discussion of ethical considerations from both a Christian worldview and business practice perspective is not included. A discussion of ethical considerations from both a Christian worldview and business practice perspective is included, but it lacks detail or is incomplete. A discussion of ethical considerations from both a Christian worldview and business practice perspective is included. A clear discussion of ethical considerations from both a Christian worldview and business practice perspective is included. A comprehensive discussion of ethical considerations from both a Christian worldview and business practice perspective is thoroughly developed with supporting details. 15.0 % Do your views conform with, conflict with, or supplement the views you may have formulated after completing the other readings? A discussion of the role that individuals and management play in ensuring that the appropriate business model is chosen, used, and evaluated for effectiveness is not included. A discussion of the role that individuals and management play in ensuring that the appropriate business model is chosen, used, and evaluated for effectiveness is included, but it lacks detail or is incomplete. A discussion of the role that individuals and management play in ensuring that the appropriate business model is chosen, used, and evaluated for effectiveness is included. A clear discussion of the role that individuals and management play in ensuring that the appropriate business model is chosen, used, and evaluated for effectiveness is included. A comprehensive of the role that individuals and management play in ensuring that the appropriate business model is chosen, used, and evaluated for effectiveness is thoroughly developed with supporting details. Thesis Development 7.0 % and Purpose Paper lacks any discernible overall purpose or organizing claim. Thesis is insufficiently developed or vague. Purpose is not clear. Thesis is apparent and appropriate to purpose. Thesis is clear and forecasts the development of the paper. Thesis is descriptive and reflective of the arguments and appropriate to the purpose. Thesis is comprehensive and contains the essence of the paper. Thesis statement makes the purpose of the paper clear. Argument Logic and 8.0 % Construction Statement of purpose is not justified by the conclusion. The conclusion does not support the claim made. Argument is Sufficient justification of claims is lacking. Argument lacks consistent unity. There are obvious flaws in the logic. Argument is orderly, but may have a few inconsistencies. The argument presents minimal justification of claims. Argument Argument shows logical progressions. Techniques of argumentation are evident. There is a smooth progression of claims from Clear and convincing argument that presents a persuasive claim in a distinctive and compelling manner. 70.0 % Content 20.0 % Influence of Ethical Business Practices 20.0 % Organization and Effectiveness https://lc-grad3.gcu.edu/learningPlatform/user/users.html?token=hHgmH%2bQlsiuyiA9i1%2bjKkRkKDwvcJSx026K7MEPqLQKyRyPJlD6uTsWwYI%2f9tEpNo%2… 1/2 6/19/2017 Ethical Decision-Making Essay | LoudCloud Systems incoherent and uses noncredible sources. Some sources have questionable credibility. logically, but not thoroughly, supports the purpose. Sources used are credible. Introduction and conclusion bracket the thesis. introduction to conclusion. Most sources are authoritative. All sources are authoritative. Surface errors are pervasive enough that they impede communication of meaning. Inappropriate word choice or sentence construction is used. Frequent and repetitive mechanical errors distract the reader. Inconsistencies in language choice (register) or word choice are present. Sentence structure is correct but not varied. Some mechanical errors or typos are present, but they are not overly distracting to the reader. Correct and varied sentence structure and audience‐ appropriate language are employed. Prose is largely free of mechanical errors, although a few may be present. The writer uses a variety of effective sentence structures and figures of speech. Writer is clearly in command of standard, written, academic English. Paper Format (use of 5.0 % appropriate style for the major and assignment) Template is not used appropriately or documentation format is rarely followed correctly. Appropriate template is used, but some elements are missing or mistaken. A lack of control with formatting is apparent. Appropriate template is used. Formatting is correct, although some minor errors may be present. Appropriate template is fully used. There are virtually no errors in formatting style. All format elements are correct. Documentation of 5.0 % Sources (citations, footnotes, references, bibliography, etc., as appropriate to assignment and style) Sources are not documented. Documentation of sources is inconsistent or incorrect, as appropriate to assignment and style, with numerous formatting errors. Sources are documented, as appropriate to assignment and style, although some formatting errors may be present. Sources are documented, as appropriate to assignment and style, and format is mostly correct. Sources are completely and correctly documented, as appropriate to assignment and style, and format is free of error. Mechanics of Writing 5.0 % (includes spelling, punctuation, grammar, language use) 10.0 % Format Total Weightage 100 % Cancel https://lc-grad3.gcu.edu/learningPlatform/user/users.html?token=hHgmH%2bQlsiuyiA9i1%2bjKkRkKDwvcJSx026K7MEPqLQKyRyPJlD6uTsWwYI%2f9tEpNo%2… 2/2
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Explanation & Answer

Attached.

Ethical Decision-Making – Outline
Thesis statement: Strong ethical business practices are a hallmark of a good health care
provider. Sound business practices are built by setting a moral example and creating policies and
procedures that govern the activities of employees.
I.
II.

Introduction
Most compelling business model attributes

III.

Christian perspective regarding the selection of a business model

IV.

The role of individuals and management

V.

Conclusion


Running head: ETHICAL DECISION-MAKING

Ethical Decision-Making
Name
Institution

1

ETHICAL DECISION-MAKING

2
Ethical Decision-Making

Ethical business practices have a significant influence in the evaluation, selection, and
application of an analytical, quantitative business model (Fraedrich, Ferrell & Ferrell, 2013).
Quantitative analysis refers to business analysis that aims to understand or predict behavior or
events through the use of statistical modeling and research often built on an ethical evaluation
approach. The impact of the business models on its relevant actors illustrates how business
ethical practices influence the assessment of a business model. They include the government,
competitors, customers, suppliers, employees and the society. The negative impact of the
business models on these actors is an indicator that the model needs a better replacement. It is
therefore essential to consider the impacts of a business model on the players mentioned above.
Business ethics is exceedingly important for a successful business. As a nurse in the broad field
of health care, it is evident that ethics promote reflective practices in the delivery of health care
(Husted & Husted, 2008). Strong ethical business practices are a hallmark of a good health care
provider. Sound business practices are built by setting a moral example and creating policies and
procedures that govern the activities of employees.
In the selection of the most appropriate business model, a company selects the most
effective and efficient model by using suitable criteria. The most compelling business model
attributes to attaining a favorable structure is the promotion of value addition to the firm. In
selecting a business model based on business ethical practices point of view involves, designing
a business appropriately and refining the commercial architectures for costs and revenues,
company (Fraedrich, Ferrell & Ferrell, 2013). In the field of healthcare provision, Ethical
Decision Making Framework provides a step by step, fair process to help guide healthcare
providers and administrators in working through ethical issues encountered in the delivery of

ETHICAL DECISION-MAKING

3

healthcare (Fraedrich, Ferrell & Ferrell, 2013). The Framework can be used to guide decision
making and actions about ethical issues that arise from the bedside to the boardroom. The
framework addresses two general types of ethical decisions that lie on a continuum: clinical and
organizational.
In a Christian perspective regarding the selection of a business model, it is essential to
choose a model that is in line with upright and legally aligned business models. Christian
concepts and moral values form the framework of such decisions in that the people involved
experience the conviction of choices. This perspective considers a business model which is
beneficial and productive to a business and follows the right ways of conducting business.
However, it is still important to view the particular problem from different angles so that the
decision makers can eliminate options accordingly and achieve the best solution (Husted &
Husted, 2008). All in all, the task of selecting a business model is continuous work. There can be
great difficulty in determining the decisions about right and wrong, especially when aligning
them to Christian principles because most business strategies are inclined towards compromise.
It is important to note that most religions do not often address the broad range of ethical choices
that stakeholders in the business world encounter in the context of ethical decision-making
processes. In healthcare organizations, stakeholders must strike an excellent balance between ...


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