Darwin's Company Is Facing a Difficult Ethical Issue

question 84

Multiple Choice

Darwin's company is facing a difficult ethical issue. The firm has identified the various stakeholders and their issues and gathered the available data. Everyone with an interest in the issue has engaged in brainstorming and evaluation of alternatives. Management reviewed and refined the alternatives. It should now choose the course of action that

• A) maximizes profits.
• B) creates the least possible publicity.
• C) involves the fewest employees.
• D) minimizes costs.
• E) seems best after weighing the concerns of all stakeholders.

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Definitions:

Business Planning

The process of formulating goals, strategies, and actions to start, sustain, and grow a business.

Communism

An economic system characterized by public ownership of property and government planning of the economy.

Capitalism

The dominant economic system in the world today. Capitalist economies are characterized by private ownership of property and competition in the pursuit of profit.

Industrialized Countries

Nations characterized by a developed industrial base, advanced technology, and a high standard of living.