A conceptual model for ethical business decision making under the influence of personal relationships

This paper proposes a conceptual model for ethical business decision-making. The purpose of model is to explore the ethical implications of personal relationship in business exchanges., this paper introduces personal relationship in business exchanges. Secondly, three theories of ethics that are relevant to the business environment are presented. Thirdly, literature study on the existing models and frameworks for ethical business decision-making is. Finally, a new model is presented; this model is developed using an approach based the theory of connection. The new model supports inclusion of mathematical modules for ethical business decision-making.