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1-I needdilemma ethical from media.new issued and I need explaindilemma ethicaland the solution and put the reflection. is accounting major

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1-I needdilemma ethical from media.new issued and I need explaindilemma ethicaland the solution and put the reflection. is accounting major
Answered Same Day Dec 22, 2021

Solution

Robert answered on Dec 22 2021
132 Votes
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Ethical Dilemma
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Ethical Dilemma

No single definition can fit for defining ethics; it differs from person to person. In simple
terms ethics can be defined as the principals, values and belief system of every individual
which they use to evaluate a scenario and decide between right and wrong (Duska, 2007).
However, business ethics is the value system that managers and employees apply to achieve
the goal and activities of an organization (Sekerka, et al., 2008). Dilemma is a Greek word
which means “two horned”; and it is regarded as ethical dilemma if moral component get
associated with the action to be taken (Pojman & Fieser, 2011). Therefore ethical dilemma is
a situation when there is conflict between two or more ethical principals.
Scenario

With increasing use of internet and social media sites in the market, customers are heavily
elying on these websites for gaining opinion and information about organization. It is a
common phenomenon that every organization is present on social networking sites. However,
is it ethical to show a rosy financial picture of an organization on the social sits of the
company to raise its
and image in the market? The ethical dilemma that Media Company is
facing is related to misleading advertisement, though there are guidelines provided...
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