Ethical Decision-Making

Managers are often faced with the need to make ethical decisions, affecting their organizations and both internal and external stakeholders. Assume you are a Chief Executive Officer in a well-known Australian corporation. Your information
technology manager has just told you of a hacking scandal that involved your firm’s competitor in the United States of America. This major cyber security breach saw hackers stealing hundreds of terabytes of data including sensitive financial records, staff passwords and emails. Your information technology manager says he has detected some flaws in your firm’s online network and is requesting for tens of millions of dollars to upgrade your organisation’s cyber security system. There are limited funds in your budget and spending tens of millions of dollars to upgrade the firm’s network security system will mean cut backs in other departments. In this unit we have discussed three ethical decision making models. Please discuss these three ethical decision making models. Choose one of the three ethical decision making models to explain your decision on whether or not to accept the request from the information technology manager.