After a firm has identified the various stakeholders and their issues and gathered available data related to an ethical decision-making situation, all parties relevant to the decision should engage in

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Brainstorming and evaluation of alternatives allows for all stakeholders to contribute ideas and perspectives on the situation, leading to a more comprehensive understanding of the issue and potential solutions. This approach also emphasizes collaboration and open communication, fostering a more ethical decision-making process. Legal discourse and a majority vote may not take into account the diverse perspectives of all stakeholders and may not necessarily result in the most ethical decision. Reidentification of issues and choosing a course of action are important steps, but should only be taken after the brainstorming and evaluation of alternatives have occurred.

After a Firm Has Identified the Various Stakeholders and Their