Which of the following ethical theories is adopted by a company that strives to act as ethically as possible, even at the expense of some additional profits, as long as the business remains profitable? a. The maximizing profits theory b. The invisible hand theory c. The moral minimum theory d. The competitive advantage theory

Question

Grace Wilcox

Business

11 April, 23:06

Which of the following ethical theories is adopted by a company that strives to act as ethically as possible, even at the expense of some additional profits, as long as the business remains profitable? a. The maximizing profits theory b. The invisible hand theory c. The moral minimum theory d. The competitive advantage theory

+3

Answers (1)

Know the Answer?

Addison Faulkner · Answer 1

c. The moral minimum theory

Explanation:

The moral minimum theory is a principle that statutes that a business should do NO intentional harm or do the minimum harm possible in order to consider its behavior the minimum required for ethical behavior.

I hope you find this information useful and interesting! Good luck!