Asked by Aaron Morris on Jul 20, 2024
Verified
If a company strictly complies with existing laws, the firm will
A) fulfill all business ethics obligations.
B) fulfill no business ethics obligations.
C) fulfill some business ethics obligations.
D) not need to fulfill any business ethics obligations.
Business Ethics Obligations
Entail the moral responsibilities and practices companies should follow to ensure fairness, transparency, and integrity in their operations.
- Recognize the obstacles and complexities associated with applying laws ethically in business decision-making processes.
Verified Answer
KA
Kevin AndrewJul 21, 2024
Final Answer :
C
Explanation :
Complying with existing laws is part of fulfilling business ethics obligations, but ethics often extend beyond legal requirements, encompassing broader moral responsibilities to society, employees, customers, and other stakeholders. Therefore, strictly adhering to the law fulfills some, but not all, ethical obligations.
Learning Objectives
- Recognize the obstacles and complexities associated with applying laws ethically in business decision-making processes.