Businesses are gradually evolving making the complexities of decision making also to rise. It is imperative to adopt solutions that they can avoid high-risk consequences. The decision-making process should aid in the critical analysis of the uncertainties and consequences of the alternatives present. I would evaluate a business decision by investigating the situation in detail to get insights on prevalent uncertainties (Kahneman, Lovallo, & Sibony, 2011) . I would explore a wide range of alternatives to get the context of the problem that the decision will address. I would then strive to ascertain whether the problem is a symptom of underlying issues or whether it is an actual problem.
After the cause analysis, I will research the problem and gain better insights on the problem. This process will make me draw sound conclusions from the facts because it will ensure that I can choose the best solution from the myriad solutions presented to me. Problem identification and analysis of possible solutions enhance the evaluation and adoption of possibilities critical to the realization of the business’ objectives (Hammond, Keeney, & Raiffa, 2006) .
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I can determine whether the decision is ethical by first creating a code of ethics policy then consulting it later in my decision-making process. The code of ethics should conform to the set of rules that should govern the employee's conduct and should be acceptable to all employees. The decision made should strictly adhere to the code to ensure that it is ethically sound (Ferrell & Fraedrich, 2015) . I would also use industry regulations to determine the ethical operation of the business is within legal boundaries. I will consult others to gain a fresher perspective that might help in generating the options that the business adopts. The process will help me learn about the impacts that the decision might have that I might not know.
References
Ferrell, O. C., & Fraedrich, J. (2015). Business Ethics: Ethical Decision Making & Cases . Nelson Education.
Hammond, J. S., Keeney, R. L., & Raiffa, H. (2006). The Hidden Traps In Decision Making. Harvard Business Review , 84 (1), 118.
Kahneman, D., Lovallo, D., & Sibony, O. (2011). Before You Make That Big Decision. Harvard Business Review , 89 (6), 50-60.
