Asked by
Jermaine Morgan
on Nov 27, 2024
Verified
When making ethical decisions, a business should evaluate the financial implications.
Financial Implications
Refers to the potential outcomes or impacts of business decisions or actions on a company's financial health or performance.
Ethical Decisions
Choices made based on moral principles and values that aim to discern right from wrong and often consider the broader impact on society or stakeholders.
- Investigate different philosophical positions on the business's role in societal structures, highlighting profit maximization and obligations to stakeholders.
- Assess the process of making ethical decisions, incorporating reflection on outcomes and considering stakeholder impacts.
Verified Answer
CD
Learning Objectives
- Investigate different philosophical positions on the business's role in societal structures, highlighting profit maximization and obligations to stakeholders.
- Assess the process of making ethical decisions, incorporating reflection on outcomes and considering stakeholder impacts.