Final answer:
The correct statement is that just keeping a company's strategic actions within the bounds of what is legal does not mean that the strategy is ethical.
Step-by-step explanation:
The correct statement about whether a company's strategy can be considered ethical is option D: Just keeping a company's strategic actions within the bounds of what is legal does not mean that the strategy is ethical. Acting strategically does not necessarily mean acting ethically. There have been instances of politicians and companies engaging in unethical behavior even when it is strategically advantageous for them. Ethical considerations go beyond what is legally permissible and require companies to consider the impact of their actions on various stakeholders and societal norms.