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Define the different principles That Managers can use when making ethical decisions?

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Question added by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company
Date Posted: 2015/03/13
Mahendra Jayasekara
by Mahendra Jayasekara , Internal Audit Manager , Ceylon Petroleum Storage Terminals Ltd

A professional accountant or manager is bound by five main ethical principles. They

1. Integrity-Straight forward & honest in all business relationships.

2. Objectivity- not allow bias, conflict of interest or undue influence to override independence judgments

3. Professional Competence & due care- act diligently in accordance with applicable technical standards

4. Confidentiality- respect the confidentiality of information

5. Professional Behavior- comply with relevant laws and avoid any action that discredit the profession.

Malik Mohamed
by Malik Mohamed , Consulting on Finance, HR, ERP, Work/Business Analysis, ERP, Re-structure. , Self Employed

Respect Spiritual Values, me being a Muslim, i would certainly think, Allah is watching me.

respect Human Values.

Analyze the problem if any with pre-empty head

Give a extra day or two before come to final decision

Have options too.

ensure, the decision must be interest of all parties concerned.

Thanks.

Wasi Rahman Sheikh
by Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

Well answer given by all champs <<<<<<<<<<<<<

An ethical decision that is essentially a difficult decision to make because of your honor system coming into conflict with something else, oftentimes another person's varying honor system. It's usually "ethical" because the honorable decision is often paired with socially negative consequences. 

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