Which of the following is NOT a particularly sound or valid reason why a company's strategy should be ethical?
A) An unethical strategy reflects badly on the character of the company personnel involved.
B) Most all shareholders believe it is honorable for their company to pursue an ethical strategy (even though it usually entails making less profit) and are turned off by company efforts to make greater profits via unethical means.
C) An ethical strategy is in the self-interest of shareholders,partly because an unethical strategy can damage a company's reputation and partly because unethical behavior can be very costly in terms of fines and penalties,legal and investigative costs,customer defections,and lower employee morale.
D) Customers shun companies known for their shady behavior and ethically upstanding company personnel are repulsed by a work environment where unethical behavior is condoned.
E) A strategy that is unethical in whole or in part is morally wrong.
Correct Answer:
Verified
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