Question

The unconcerned or non-issue approach to dealing with or managing ethical conduct

A. Is prevalent at companies whose executives ascribe to the view that trying to enforce ethical standards above and beyond what is legally required is a non-issue because businesses are entitled to conduct their affairs in whatever manner they wish so long as they comply with the letter of what is legally required
B. Is perfectly suited for ethically-principled companies where company personnel are highlyaccustomed to behaving in an ethical fashion (because at such companies, ethical behavior ismostly a non-issue)
C. Is favored at companies whose managers fear scandal and are desirous of containing anyadverse fallout from claims of unethical actions by company personnel
D. Is favored at companies whose managers are moral and have ethically upstanding reputations
E. Is appropriate for companies who have a deeply-planted ethical culture

Answer 1

The unconcerned approach to ethical conduct in businesses denotes a reliance solely on legal compliance, disregarding the broader principles of business ethics that guide moral conduct. This approach undermines the importance of values and virtue ethics that contribute to a responsible and ethical organizational culture. Businesses are encouraged to exceed legal requirements and uphold strong ethical standards to positively impact stakeholders and the environment.

Step-by-step explanation:

When considering the unconcerned or non-issue approach to managing ethical conduct in businesses, it signifies a stance where executives believe that adherence to legal standards is sufficient, without the need to enforce any additional ethical norms. This perspective may be prevalent in companies that rely strictly on the letter of the law to dictate their business conduct, rather than infusing their practices with a strong sense of corporate responsibility or ethical principles.

Business ethics, a field of applied ethics, deals with the moral obligations of companies, including ensuring the well-being of employees, shareholders, and society at large. An approach that disregards ethics in favor of mere legal compliance overlooks the importance of values and virtue ethics in fostering a culture of integrity and responsibility which is integral to sustain ethical behavior within an organization.

It is thus essential for entities, especially those in positions of considerable influence and global operations, to recognize the significance of moral conduct that extends beyond legal requisites, aligning it with broader ethical guidelines to ensure the positive impact on all stakeholders and environment. Establishing and adhering to robust codes of ethics underlines the commitment of organizations to act responsibly and ethically.