4. Ethical decision making
ICAC’s recommendations
- ● Sharon should decline Kit’s request. Helping Kit cover up his financial problems in the course of his loan application will breach the codes of conduct set by the regulatory body and the bank and even violate the laws.
- ● Sharon should report the matter to the bank or the ICAC to avoid being suspected of conspiring with Kit to defraud the bank. This will also help prevent the problem from getting worse.
Summary
The ETHICS PLUS Decision Making Model helps you:
- ● contemplate dilemmas and consequences of various alternatives from different angles.
- ● make a more objective and balanced decision for implementation.