Identify the correct statement regarding companies that are ethical and successful.
A) They are solely concerned about the benefits of the company while making business decisions.
B) The owners most often assume responsibility for the actions of the company rather than the employees.
C) They are less concerned about the interests of the people involved in the business.
D) Their main aim is to maximize profits in all their transactions.
E) They have a sense of purpose and vision that the employees value and use in their day-to-day work.

Question

Quizplus · Accepted Answer

Ethical, successful companies act according to four principles. First, in their relationships with customers, vendors, and clients, ethical and successful companies emphasize mutual benefits. Second, employees assume responsibility for the actions of the company. Third, such companies have a sense of purpose or vision that employees value and use in their day-to-day work. Finally, they emphasize fairness; that is, another person's interests count as much as their own.

Identify the Correct Statement Regarding Companies That Are Ethical and Successful