Question

One of the big difficulties and challenges that a company encounters in using the"damage control" approach to dealing with or managing ethics-related issues and ethics conduct is

A. Writing a code of ethics that looks strong but is really pretty weak in terms of ethical principles
B. Credibility problems with stakeholders and susceptibility to ethical scandal
C. A proliferation of ethical rules and guidelines to avoid public scandal
D. That the locus of moral control is shifted to individual employees
E. How to discreetly signal employees that the company's code of ethics will be lightly enforced ifat all

Answer 1

The major challenge with a "damage control" approach is the potential for B) credibility issues with stakeholders and increased risk of ethical scandals. Corporate responsibility and proactive ethical strategies are essential, especially in light of the complex ethical challenges presented by emerging technologies like artificial intelligence.

Step-by-step explanation:

One of the big difficulties and challenges that a company encounters in using the "damage control" approach to dealing with or managing ethics-related issues and ethics conduct is B. credibility problems with stakeholders and susceptibility to ethical scandal. This approach is often reactionary and might give the impression that the company is merely trying to mitigate damage rather than genuinely promoting ethical behaviour. Corporate responsibility is integral as it can influence how a company responds to ethical challenges. Furthermore, issues such as the ethical dilemmas posed by emerging technologies, like artificial intelligence, highlight the importance of proactive ethical strategies. When companies rely solely on damage control, they risk the perception of having lax enforcement of ethical standards, which can erode trust and lead to greater scrutiny by the public and stakeholders. Instead, companies could benefit from fostering an environment where ethical behaviour is encouraged, and clear, enforced codes of ethics are in place, consistent with standards such as those proposed by professional organizations like IEEE-CS.