ULab Inc. ,a biotechnology firm,lost one of its offices in a fire.The employees did not have a fire drill,and the 10-story building had no fire escape.This resulted in many employees being hospitalized for physical injuries,burns,and toxic smoke inhalation.What important social responsibility theory did ULab neglect by not having a fire drill for its employees and not installing a fire exit?

Question

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ULab Inc. neglected the moral minimum social responsibility theory by not having a fire drill for its employees and not installing a fire exit. The moral minimum theory states that a company must fulfill its ethical and legal responsibility towards its employees, customers, and other stakeholders. Providing a safe working environment is an essential ethical and legal obligation that the company failed to fulfill.

ULab Inc ,A Biotechnology Firm,lost One of Its Offices in a a Fire.The