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What does the "who" in the "wh" framework for business ethics refer to?

What does the process of ethical decision-making offer business managers?

Answer :

Final answer:

In the 'wh' framework for business ethics, 'who' refers to stakeholders affected by the decision. Ethical decision making provides a systematic method to consider all implications of an action. It aids managers in balancing organizational needs and stakeholder welfare, promoting sustainability.

Explanation:

In the 'wh' framework for business ethics, 'who' refers to the stakeholders who will be affected by the decision. Stakeholders can include employees, customers, shareholders, and the wider community. Decisions made by business managers should consider the impact on all these parties.

The process of ethical decision making offers business managers a systematic approach to evaluating various actions and their implications. It helps identify the potential harms and benefits to various parties and facilitates the making of decisions that align with core ethical and corporate values.

By applying the principles of business ethics and ethical decision making, managers can strike a balance between the needs of the organization and the welfare of its stakeholders, thereby promoting a sustainable business model that respects and advances societal values.

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