In the chapter, there is the statement, "Internet companies are in business for the money and hence they really would prefer to keep their customers in the dark about how their personal data is being used to generate profits". Assuming this statement is true, with which ethical theory would you say these Internet companies are most aligned?
A) Stockholder theory
B) Stakeholder theory
C) Property theory
D) Fiduciary theory
E) Normative theory

Question

Quizplus · Accepted Answer

According to stockholder theory, a business's sole responsibility is to maximize profits for its shareholders. This means that if an internet company's priority is to make money, they may not see it as their ethical obligation to fully disclose how they use personal data to generate that profit. Their primary concern is making profits for their shareholders, even if it comes at the expense of their customers' privacy.

In the Chapter, There Is the Statement, "Internet Companies Are