Which of the Following Statements Is True About Ethical Decision-Making

question 81

Multiple Choice

Which of the following statements is true about ethical decision-making?

• A) In ethical decision-making, managers need not consider the implications of a proposed strategic decision on external stakeholders.
• B) In ethical decision-making, It is illegal to apply the moral principles articulated in any company document other than the code of ethics.
• C) Since maximizing long-run profitability is the decision rule that most businesses stress, it should be applied irrespective of whether moral principles are being violated.
• D) Companies should place their narrow economic interests before the interests of stakeholders.
• E) In ethical decision-making, managers need to ensure that a proposed decision does not violate the fundamental rights of any stakeholders.