Which one of the following statements about whether a company's strategy can be considered ethical is...
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Which one of the following statements about whether a company's strategy can be considered ethical is false? Ethical and moral standards are not governed by what is legal; rather, they involve issues of "right" versus "wrong" and duty--what one should do. To meet the standard of being ethical, a strategy must entail actions and behavior that can pass moral scrutiny in the sense of not being deceitful, unfair or harmful to others, disreputable, or unreasonably damaging to the environment. A company's strategic actions and behavior are properly considered "unethical" if they harm the financial performance of rival companies or if they conflict with the company's customer value proposition. A strategy is ethical only if it does not entail actions and behaviors that cross the moral line from "should or can do" to "should not do." A strategy cannot be considered ethical just because it involves actions that are legal. Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation. Copyright © 2019 by Glo-Bus Software, Inc. JU Which one of the following statements about whether a company's strategy can be considered ethical is false? Ethical and moral standards are not governed by what is legal; rather, they involve issues of "right" versus "wrong" and duty--what one should do. To meet the standard of being ethical, a strategy must entail actions and behavior that can pass moral scrutiny in the sense of not being deceitful, unfair or harmful to others, disreputable, or unreasonably damaging to the environment. A company's strategic actions and behavior are properly considered "unethical" if they harm the financial performance of rival companies or if they conflict with the company's customer value proposition. A strategy is ethical only if it does not entail actions and behaviors that cross the moral line from "should or can do" to "should not do." A strategy cannot be considered ethical just because it involves actions that are legal. Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation. Copyright © 2019 by Glo-Bus Software, Inc. JU
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Answer C A companys strategic actions and behavior are properly considered unethical if they harm th... View the full answer
Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
Posted Date:
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