Managers of corporations need to act in an ethical manner [blank].
A)because ethics violations will be punished by the law
B)because a business must be trusted by investors, customer and the public if it is to succeed
C)because business managers must answer to a higher authority
D)because ethical behaviour is its own justification

Question

Quizplus · Accepted Answer

Acting in an ethical manner is important for managers of corporations because it is necessary for building trust with investors, customers, and the public. This trust is crucial for the success of a business. While ethical violations may be punishable by law, this is not the only reason for managers to act ethically. The idea that business managers must answer to a higher authority is subjective, and ethical behavior is not always its own justification.

Managers of Corporations Need to Act in an Ethical Manner