If a firm engages in ethical behavior solely for the purpose of gaining profits from the goodwill

Question:

If a firm engages in “ethical” behavior solely for the purpose of gaining profits from the it generates, the “ethical” behavior is essentially a means toward a self-serving end (profits and the accumulation of wealth). In this situation, is the firm acting unethically in any way? Should motive or conduct carry greater weight on the ethical scales in this situation?

Goodwill
Goodwill is an important concept and terminology in accounting which means good reputation. The word goodwill is used at various places in accounting but it is recognized only at the time of a business combination. There are generally two types of...

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Answer rating: 81% (16 reviews)

This question essentially asks whether good behavior can ever be unethical The answer to this questi...View the full answer

Answered By

Larlyu mosoti

I am a professional writer willing to do several tasks free from plagiarism, grammatical errors and submit them in time. I love to do academic writing and client satisfaction is my priority. I am skilled in writing formats APA, MLA, Chicago, and Harvard I am a statistics scientist and I can help out in analyzing your data. I am okay with SPSS, EVIEWS, MS excel, and STATA data analyzing tools. Statistical techniques: I can do linear regression, time series analysis, logistic regression, and some basic statistical calculations like probability distributions. . I'm ready for your working projects! Services I would offer: • Academic writing. • Article writing. • Data entry. • PDF conversion. • Word conversion • Proofreading. • Rewriting. • Data analyzing. The best reason to hire me: - Professional and Unique work in writing. - 100% satisfaction Guaranteed - within required time Express delivery - My work is plagiarism Free - Great communication My passion is to write vibrantly with dedication. I am loyal and confident to give my support to every client. Because Client satisfaction is much more important to me than the payment amount. A healthy client-contractor relationship benefits in the longer term. Simply inbox me if you want clean work.

5.00+ 3+ Reviews 10+ Question Solved

Related Book For book-img-for-question

Business Law Text and Cases

ISBN: 978-0324655223

11th Edition

Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Gaylord A. Jentz, F

See More Books

Question Posted: Apr 30, 2012 02:51 AM

See More Questions

If a firm engages in ethical behavior solely for the purpose of gaining profits from the goodwill

Question:

Step by Step Answer:

This question essentially asks whether good behavior can ever be unethical The answer to this questi...View the full answer

Business Law Text and Cases

Students also viewed these Business Law questions