(Solution) CIPD 5CO02 different ethical perspectives influence decision-making
New User Gifts
First Order Deal get Ksh 200 Off.
Original price was: £ 50.00.£ 10.00Current price is: £ 10.00.
Payment Methods:
Description
Solution
| Assess how different ethical perspectives can influence decision-making. (AC 1.5)
Short references should be added into your narrative below. Please remember to only list your long references in the reference box provided at the end of this section. Word count: Approximately 400 words
|
|
Utilitarianism From a consequentialist ethical viewpoint, utilitarianism judges activities according to their overall results and effects (Jin & Peng, 2021). Seeking the greatest good for the largest number of people is the main tenet of utilitarianism. It places a higher priority on minimising pain or injury and increasing enjoyment or value. Utilitarianism urges decision-makers to consider the possible advantages and disadvantages of their choices for all parties involved. Ethically defensible choices are those that result in the greatest level of satisfaction and well-being overall. For instance, a manufacturing business could reduce its personnel to retain profitability while experiencing financial difficulties. Alternative cost-cutting strategies that put employee well-being first may be considered if the unfavourable effects of layoffs exceed the immediate financial gains. Altruism An ethical viewpoint known as altruism puts others’ needs ahead of one’s own. It promotes empathy, comprehension, and placing others’ needs above one’s own, even when doing so would entail putting one’s interests at risk. Altruistic decisions prioritise the welfare of individuals or groups over personal gain or organisational objectives (Bolis et al., 2021). It focuses on cultivating goodwill, promoting employee well-being, and serving the larger good. For instance, a generous boss could come into a circumstance where a worker is having trouble juggling professional obligations with personal problems. Instead of punishing the worker for lower output, the management adopts a sympathetic stance, providing assistance, flexible work schedules, or counselling options. This choice prioritises the worker’s welfare and reflects the company’s dedication to looking out for its employees. Religion Religious and ethical perspectives are based on religious beliefs’ teachings, principles, and moral values. These perspectives often emphasise honesty, integrity, respect for others, and adherence to divine commands or sacred texts. Religious ethics can significantly influence decision-making by providing moral guidelines and shaping personal values and behaviours (Jacek et al., 2020). Decision-makers may align their choices with religious teachings to uphold righteousness and spiritual growth. For instance, a religiously devout employee working in a marketing department is tasked with promoting a product that goes against their religious beliefs or values. A religious, ethical perspective may lead the employee to request reassignment to another project that aligns with their religious principles. |
| Appraise (two) different ways organisations measure financial and non-financial performance. (AC 3.1)
Short references should be added into your narrative below. Please remember to only list your long references in the reference box provided at the end of this section. Word count: Approximately 400 words
|
Please click the following icon to access this assessment in full
Related Papers
(Solution) ICS Learn CIPD Level 5 People Management in an International Context (5OS04)
(Solution) Level 7 7C001 Question 14- Senior Leadership Team Enhancing Wellbeing
(Solution CIPS) The impact of supply chain management on corporate performance
(Solution) 5OS04 Question 1 (AC 1.1) major ways in which UK and Japanese workplace cultures differ from each other
(Solution) Level 7 7C003 Appendix B – Task one template – initial self assessment and learning plan
(Solution) CIPS Developing Contracts in Procurement and Supply RCU PDC
- This report has focused on evaluating Royal Commission for AlUla (RCU) contract terms and conditions.
- The area of focus in the contract entail its relevance in assisting the management of issues associated with quality, risk of time extension, risk of costs increase and unethical practices impacting the stakeholders.
- Other than this, the performance measures and management in the organisation operations has been put into account.
- For achieving this, RCU operating in the KSA tourism and culture sector has put into account.
- The contract selected is used in most of the services which are sourced by the organisation from different suppliers. This is to define the level of risk and power that each has in the contract implementation.
- Despite of existence of areas of improvement, clauses lacking detail and lack of sufficient protection, the contract terms and conditions are relevant for RCU operations.
- For all the parties and stakeholders involved in a contract implementation, there is a clear risk allocation and management. This is with the performance being measured and monitored based on their interests.
- There is a need for investing in modernised approaches intended to protect the organisation from the battle of the forms.