The first stage in applying the Potter Box ethical paradigm is determining which values should be used in a specific ethical circumstance. It is false.
There are three major ethical frameworks to which a company's top executives might adhere. Moral philosophy may be grouped into three schools of thought, despite its numerous variations: materialism, utilitarianism, and deontology.
For example, 'One should not kill' gives a value-based guideline for behavior. In the face of contradictory options, ethics gives a methodical, reasonable means to work through challenges and identify the appropriate course of action.
There are five ethical paradigms to consider:
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