Which of the following statements best justifies why a company should act in an ethical manner?
A) The government will take action if a firm fails to act ethically.
B) Acting ethically always maximizes profits in the immediate future.
C) Acting ethically will help a company to prosper in the long run.
D) The right thing to do is always the least expensive alternative.

Question

Quizplus · Accepted Answer

Acting ethically may not always maximize profits in the immediate future, but it can help a company to build a positive reputation and foster loyalty with consumers, employees, and other stakeholders in the long run. This can ultimately lead to increased profitability and sustainability for the company. Additionally, acting ethically is simply the right thing to do and is consistent with many stakeholders' values and expectations.

Which of the Following Statements Best Justifies Why a Company