An overemphasis on long-run profit maximization is the most common reason that ethical problems occur in business.

Question

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Ethical problems can occur in business due to a variety of reasons, such as pressure to meet short-term performance objectives, conflicts of interest, lack of transparency, and individual moral failures. While a focus on long-run profit maximization is important for the sustainability of a business, it is not necessarily the most common reason ethical problems arise.

An Overemphasis on Long-Run Profit Maximization Is the Most Common