To Avoid Product Liability, a Manufacturer Must Exercise Due Care

question 1

True/False

To avoid product liability, a manufacturer must exercise due care in using the appropriate production process.​

Identify and apply the Golden Rule in ethical decision-making.

Recognize and differentiate between primary values, including freedom.

Distinguish between ethical standards, values, and ideations in a business context.

Acknowledge that reasonable people can disagree on solutions to ethical dilemmas.

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Definitions:

Values-based

Decision-making or actions that are guided by personal values and ethical beliefs rather than solely by the pursuit of profit or practical outcomes.

Organizational Culture

Refers to the shared values, beliefs, and norms that influence the way employees think, feel, and behave within an organization.

Ethics Program

A structured system within organizations designed to guide behavior and decision-making according to established ethical standards.