The paper 'Ethical Decision-Making Approaches' is a great example of a Management Essay. Businesses continuously in this evolving world is faced with several situations where decision making becomes a difficult proposition for the business due to the fact that the decision is taken impacts, different stakeholders, in a different manner. The magnitude of the problem for managers intensifies when it has to be ensured that the decision taken is ethical and will look at the long term benefit of the organization. This requires that the managers look towards making decisions based on different fundamentals and ethical decision-making processes and using different theories so that the business is able to gain efficiency.
This paper thereby proposes to look into the ethical decision-making approach for Kimberly Gas Hub so that they can go ahead with the project. While looking into the Kimberly Gas Hub stress has been laid to ensure that the decision-making approach is ethical and is based on different models like the Utilitarian Model, Moral Rights Model & Justice Model. Evaluating the decision making of Kimberly Gas Hub through the different models will help to understand the approach that will help the decision regarding the project to go through and will help in the overall development of the business. Ethical decision making is thereby an important phenomenon which makes businesses take decision based on it so that complete justification and justice can be done to all the stakeholders associated with the project (Frey, 2000).
This essay thereby presents a thesis statement where the different models of ethical decision making are being looked into so that the best model which will help the decision related to Kimberly Gas Hub be taken.
This will help the business to go ahead with the process of developing Kimberly which has a huge potential for gas and will help the future generations in ensuring proper supply of gas and will help to develop mankind. Kimberly Gas Hub is based in Kimberly as the name suggests and has an unspoiled marine and terrestrial environment which rich biological diversity, cultural richness, and scenic beauty. Developing the place and using it for a gas generation will have an effect on biological diversity and will affect some stakeholders deeply (Bird, 2006).
This will also provide other stakeholders an advantage as they will be able to ensure a regular supply of gas for years to come which will help to solve the problems related to natural gas and will help the economy to move forward and grow. Using the utilitarian model which states that business should take decisions which looks towards good for most people. This model states that the business decision should be directed in a manner that ensures that the society is able to benefit from the decision and the impact of the decision does minimum harm on most stakeholders (Batson, Thompson & Chen, 2002).
The Kimberly Gas Hub situation requires that a gas station is set which will ensure generation of 35 trillion cubic feet of gas. This will help the society in ensuring that the acute shortage of gas that the society is presently facing can be reduced. This will also ensure that the prices of the gas come down and the gas can be used for different purposes. This will benefit the society as the perceived value for the gas will be higher than what is actually paid for.
This will ensure that the business is able to use it in delivering better products and services.
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