Which of the following is true of 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

Companies that are ethical and successful are likely to have a sense of purpose and vision that the employees value, and use in their day-to-day work. They believe in doing business in a way that benefits all stakeholders including customers, employees, and the community. Maximizing profits is important, but not at the expense of ethical practices and values. The responsibility for the actions of the company lies with both the owners and the employees, and they strive to ensure that their business decisions are fair and just for all parties involved.

Which of the Following Is True of Companies That Are