Give a description of the simple tests that can be used to resolve ethical dilemmas

a . Peter Drucker: primum non nocere; above all do no harm

b. Laura Nash

(1) Have you defined the problem accurately?
(2) How would you define the problem if you stood on the other side of the fence?
(3) How did this occur in the first place?
(4) To whom and what do you give your loyalties as a person and as a member of the corporation?
(5) What is your intention in making this decision?
(6) How does this intention compare with the likely results?
(7) Whom could your decision or action injure?
(8) Can you engage the affected parties in a discussion of the problem before you make your decision?
(9) Are you confident that your position will be as valid over a long period of time as it seems now?
(10) Could you disclose without qualm your decision or action to your boss, your CEO, the board of directors, your family, or society as a whole?
(11) What is the symbolic potential of your action if understood? If misunderstood?
(12) Under what conditions would you allow exceptions to your stand?

c. Blanchard and Peale

(1) Is it legal?
(2) Is it balanced?
(3) How does it make me feel?

d. Warren Buffett – Front-Page-of-the-Newspaper Test

"Contemplating any business act, an employee should ask himself whether he would be willing to see it immediately described by an informed and critical reporter on the front page of his local paper, there to be read by his spouse, children, and friends. At Salomon we simply want no part of any activities that pass legal tests but that we, as citizens, would find offensive.".

e. Wall Street Journal

(1) Am I in compliance with the law?
(2) What contribution does this choice of action make to the company, the shareholders, the community, and others?
(3) What are the short- and long-term consequences of this decision?

f. Categorical Imperative (Kant)

"Do unto others are you would have them do unto you.".