In dealing with moral dilemmas involving people, products, prices, and profits, organizations typically reflect one of these three ethical orientations:

Question

Quizplus · Accepted Answer

The ethical orientation that reflects a balance between profit maximization and quality of life management is the most practical and realistic. This approach recognizes the importance of generating profits for the organization's sustainability while also considering the well-being of its stakeholders, such as employees, customers, and the community. Trusteeship, or the idea that organizations have a responsibility to act in the best interest of society, also aligns with this ethical orientation. Democracies and communism are political ideologies that are not directly applicable to organizational ethics.

In Dealing with Moral Dilemmas Involving People, Products, Prices, and Profits