Which Normative Theory of Business Ethics Would TJX Have Displayed

question 16

Multiple Choice

Which normative theory of business ethics would TJX have displayed if it had informed customers as soon as the breach was corrected and told other retailers how to prevent future security breaches?

• A) Stakeholder
• B) Stockholder
• C) Social contract
• D) Investor
• E) Corporate social responsibility

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Definitions:

Third Alternative

A conflict resolution approach that seeks a solution beyond the initial positions of the parties involved, aiming for an outcome that satisfies all parties.

Bargaining Zone

refers to the range within which two parties in a negotiation are willing to compromise or agree on terms.

Added Value

The enhancement a company gives its product or service before offering it to customers, making it more appealing or superior.

Competitive Conflict

A situation where individuals or groups see their goals as incompatible, leading to opposition or rivalry.