Which of the following statements is true about ethical decision makin

QUESTION

Which of the following statements is true about ethical decision making?

A. In ethical decision making, managers need not consider the implications of a proposed strategic decision on external stakeholders.

B. In ethical decision making, it is illegal to apply the moral principles articulated in any company document other than the code of ethics.

C. Since maximizing long-run profitability is the decision rule that most businesses stress, it should be applied irrespective of whether moral principles are being violated.

D. Companies should place their narrow economic interests before the interests of stakeholders.

E. In ethical decision making, managers need to ensure that a proposed decision does not violate the fundamental rights of any stakeholders.

ANSWER

E