Question: A senior financial manager is reviewing her company's financial performance for the previous year at the annual stockholders' meeting. The news is bad. Sales dropped

A senior financial manager is reviewing her company's financial performance for the previous year at the annual stockholders' meeting. The news is bad. Sales dropped 30% and profits were down 50%. One of the stockholders stands up and asks the manager, "what caused this drastic decline, and has it been corrected?"The manager knows that the primary reason for the declining sales and profits was a series of poor top management decisions made over the past several years, but she also knows that's not what her management colleagues want her to say Further, she personally believes that the decline is not over, but she recognizes that's not what the stockholders want to hear

a) define ethics
b)should this manager lie, explain your reasoning.
c)is lying always wrong, or is it acceptable under certain circumstances? what if any, should those circumstances be?
d) what do you think ? what would you do if u were this manager and why
e)briefly discuss what management can do to improve business ethics.
refer to the attached scenario

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