This Teaching Ethical Decision Making Framework is a statistical analysis used in business decision making that identifies a set of input factors that have the greatest influence on income. It is founded on the similarly named Pareto Principle, which states that 80% of an effect can be attributed to only 20% of the drivers. The failure mode and effects analysis is one of the earliest methodologies of its kind, having been developed in the 1950s. During the design stage, it allows organizations to anticipate a variety of potential failures. To get started, you can use EdrawMax online to create this Teaching Ethical Decision Making Framework diagram.
