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"Which of the following statements about whether a company's strategy can be considered ethical is true

a company's strategy qualifies as ethical when all of its strategic actions are pleasing to the customers and do not harm the financial performance of rival firms
all strategic actions that are legally permissible automatically qualify as also being ethically permissible
the most reliable way for a company to protect itself from charges that its strategy has unethical elements is to obtain statements from at least two highly respected religious authorities certifying that they have closely studied the company's strategy and Dean to each and every strategy elements as consistent with generally accepted standards of moral and ethical Behavior
governmental authorities are the final arbitrator of whether a company strategic actions are morally right or morally wrong
just keeping a company's strategic actions within the bounds of what is legal does not mean that the strategy is ethical"
A) A company's strategy qualifies as ethical when all of its strategic actions are pleasing to the customers and do not harm the financial performance of rival firms.
B) All strategic actions that are legally permissible automatically qualify as also being ethically permissible.
C) The most reliable way for a company to protect itself from charges that its strategy has unethical elements is to obtain statements from at least two highly respected religious authorities certifying that they have closely studied the company's strategy and deem each and every strategy element as consistent with generally accepted standards of moral and ethical behavior.
D) Governmental authorities are the final arbitrator of whether a company's strategic actions are morally right or morally wrong.

User Macav
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1 Answer

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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.

User The Spooniest
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