What does ethical dilemma means? Is their complexity of ethics? Discuss the role, responsibility and integrity of management in solving the various such issues where there seem to be conflict between social and business interests?
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a situation in which a difficult choice has to be made between two courses of action, either of which entails transgressing a moral principle is known as ethical dilemma.
Complexity of ethics:
Furthermore, the ethics of complexity commits us to a complex view of ethics. This is because complexity is inherent to any ethical engagement, yet ethical frameworks are also models; and, like all models, are limited, exclusionary, and incapable of accounting for the complexity of lived phenomena.
Role, responsibility and integrity:
System for Managing Conflicts of Interest. To conduct management of conflicts of interest, the company and domestic Group insurance companies shall establish a department or specific person to be responsible for overall management thereof.
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