Question

Choose the true statement about Josephson's Core Values Model for ethical decision-making.a.) Profitability is a core value that lies at the heart of the model.b.) The profitability of a company has no place in ethical decision-making.c.) Profitability is one consideration of the model, especially as it relates to stakeholders, but it is not the most important consideration.d.) Considering profitability ensures that the most ethical decision will be made.

Answer 1

c.) Profitability is one consideration of the model, especially as it relates to stakeholders, but it is not the most important consideration.

Step-by-step explanation:

The main focus of the Josephson's Core Values Model is placed on

• trustworthiness
• respect
• responsibility
• fairness
• caring
• citizenship

But a corporation's stockholders are also important stakeholders and their needs cannot be simply put aside. The important thing is to satisfy stockholders' needs on an ethical way that benefits all stakeholders including consumers, government entities, the environment, etc.