Companies must decide what principle they should use as a guide on issues of ethics and social responsibility.All of the following are common philosophies to accomplish this end EXCEPT which one?

Question

Quizplus · Accepted Answer

Letting society decide on issues of ethics and social responsibility can be difficult because societal opinions and values can vary greatly. It is important for companies to consider societal expectations, but they should also have their own set of principles and values to guide their actions. Letting individual managers or companies decide can lead to inconsistent and potentially unethical actions. Letting the free market decide can prioritize profit over ethical considerations, and letting the legal system decide may only address legal requirements rather than ethical responsibilities.

Companies Must Decide What Principle They Should Use as a Guide