Which of the following examples would be placed in quadrant III of the business tradeoff framework-bad for business and ethically problematic?
A) Check cashing companies offer high-cost loans to low-income customers.
B) Upon discovering one of its garment factories used low-paid child labor, Walmart moved production and paid higher wages to adult laborers.
C) Volkswagen reduced its workforce without layoffs.
D) Oil Chem dumped millions of gallons of liquid landfill into sewers in Flint, Michigan.

Question

Quizplus · Accepted Answer

Based on the schematic provided in the book, there can be choices that have business benefits and those which have ethical benefits. Sometimes those connect well, as when an ethical action is also a good business action (e.g., Johnson & Johnson's Tylenol recall). In other cases, there is a trade-off with something being good for business, but ethically bad or something being ethically good, but not beneficial to the bottom line. The most harmful is when an action is both bad for business and bad ethics.

Which of the Following Examples Would Be Placed in Quadrant