Ethics of Decision-Making in Islamic and Western Environments

Introduction With the advent of ultra-modern communications technology and public awareness of suspicious business practices, the question of ethics in decisionmaking has become extremely important in today’s business world, in commercial as well as government sectors. A. M. Senia (1403 AH/ 1982 AC...

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Autor principal: Muzaffar A. Shaikh
Formato: article
Lenguaje:EN
Publicado: International Institute of Islamic Thought 1988
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spelling oai:doaj.org-article:3bcf578bb9fa4ecb910dc8a4a503ddce2021-12-02T19:22:47ZEthics of Decision-Making in Islamic and Western Environments10.35632/ajis.v5i1.28832690-37332690-3741https://doaj.org/article/3bcf578bb9fa4ecb910dc8a4a503ddce1988-09-01T00:00:00Zhttps://www.ajis.org/index.php/ajiss/article/view/2883https://doaj.org/toc/2690-3733https://doaj.org/toc/2690-3741 Introduction With the advent of ultra-modern communications technology and public awareness of suspicious business practices, the question of ethics in decisionmaking has become extremely important in today’s business world, in commercial as well as government sectors. A. M. Senia (1403 AH/ 1982 AC) agrees with Dr. Mark Pastin of Arizona State University, that the key to the success of American business is to divert its attention to the study of, and implementation of ethics instead of turning to Japan for innovative ideas. Dr. Pastin concludes that the employees are more and more concerned about the worthwhileness of their work rather than their economic survival. He suggests that by giving “real world examples-if, for instance, a firm adopts its own stricter guidelines for certain governmental regulations, then it can meet the stringent governmental requirements and in the end, increase the firm’s share of market. A clear proof of increasing awareness of the ethics of decision-making is evident by the fact that the Center for Public and Private Sector Ethics has acquired great popularity since its inception in 1400 AH/1980 AC. Decision-making is an integral part of both day-to-day and long-term affairs of a single individual or a group of individuals. Factors such as decision magnitude (major versus minor), decision impact (high versus low), the decision-making body itself (a single person, a family, or a committee of persons), and decision environment (under certainty, risk, uncertainty, or competition) etc., are the determinants of whether or not a single individual or a group of individuals makes a decision. While Green and Tull (1407 AH/1987 AC) and others break down the decision process into several steps (i.e., recognition of the problem, generation of alternatives, evaluation of alternatives, and implementation of the selected alternative), the evaluation ... Muzaffar A. ShaikhInternational Institute of Islamic ThoughtarticleIslamBP1-253ENAmerican Journal of Islam and Society, Vol 5, Iss 1 (1988)
institution DOAJ
collection DOAJ
language EN
topic Islam
BP1-253
spellingShingle Islam
BP1-253
Muzaffar A. Shaikh
Ethics of Decision-Making in Islamic and Western Environments
description Introduction With the advent of ultra-modern communications technology and public awareness of suspicious business practices, the question of ethics in decisionmaking has become extremely important in today’s business world, in commercial as well as government sectors. A. M. Senia (1403 AH/ 1982 AC) agrees with Dr. Mark Pastin of Arizona State University, that the key to the success of American business is to divert its attention to the study of, and implementation of ethics instead of turning to Japan for innovative ideas. Dr. Pastin concludes that the employees are more and more concerned about the worthwhileness of their work rather than their economic survival. He suggests that by giving “real world examples-if, for instance, a firm adopts its own stricter guidelines for certain governmental regulations, then it can meet the stringent governmental requirements and in the end, increase the firm’s share of market. A clear proof of increasing awareness of the ethics of decision-making is evident by the fact that the Center for Public and Private Sector Ethics has acquired great popularity since its inception in 1400 AH/1980 AC. Decision-making is an integral part of both day-to-day and long-term affairs of a single individual or a group of individuals. Factors such as decision magnitude (major versus minor), decision impact (high versus low), the decision-making body itself (a single person, a family, or a committee of persons), and decision environment (under certainty, risk, uncertainty, or competition) etc., are the determinants of whether or not a single individual or a group of individuals makes a decision. While Green and Tull (1407 AH/1987 AC) and others break down the decision process into several steps (i.e., recognition of the problem, generation of alternatives, evaluation of alternatives, and implementation of the selected alternative), the evaluation ...
format article
author Muzaffar A. Shaikh
author_facet Muzaffar A. Shaikh
author_sort Muzaffar A. Shaikh
title Ethics of Decision-Making in Islamic and Western Environments
title_short Ethics of Decision-Making in Islamic and Western Environments
title_full Ethics of Decision-Making in Islamic and Western Environments
title_fullStr Ethics of Decision-Making in Islamic and Western Environments
title_full_unstemmed Ethics of Decision-Making in Islamic and Western Environments
title_sort ethics of decision-making in islamic and western environments
publisher International Institute of Islamic Thought
publishDate 1988
url https://doaj.org/article/3bcf578bb9fa4ecb910dc8a4a503ddce
work_keys_str_mv AT muzaffarashaikh ethicsofdecisionmakinginislamicandwesternenvironments
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