The seven Ethical Decision Making
1.Get the Fact
2.Identify stake holder and their position
3.Consider the consequences of your decision
4.Make various guidelines & principle
5.Develop and evaluate options
6.Review your decisions
7.Evaluate the result of your decision

Philosophical Theory
1.Virtue ethics approach
2.Utilitarian approach
3.Fairness approach
4.Common good approach

-->How to handle business?

Get the fact-->we must think a lot of things to make a good business,and search a place to put your store,and choose a product that people will love it.

Identify stake holder and their position-->we must choose a better person that handle your business perfectly..and know how to manage business.

Consider the consequences of your decision-->your business will be improve and it became a successful if we apply a good strategies.

Make various guidelines & principle--> the guidelines that all the member of the company must follow,the worker will be responsible and hardworking so that the business will be successful.

Develop and evaluate options-->in business we must do anything to make your business successful,the people who handle it must choose a good decision that make the business improve.

Review your decisions--> the businessmen & businesswoman will review his/her decision to make sure that his/her decision will make the business successful.

Evaluate the result of your decision--> the result of the decision will be good because of that decision your business will be successful.


The Philosophical Theory

Virtue Ethics Approach--> Virtue is an acceptable behaviors of an individual or the good doings.

Utilitarian Approach--> In having a business you must not only think the good benefits but also you include the others.

Fairness approach--> You treat everyone equal.

Common good approach--> In having a business you must treat your customer in a good way not just the customer bul also your workers