Question

The stance a company takes in dealing with or managing ethical conduct at any given point in time can take such basic forms as

A. The unconcerned or non-issue approach, the damage control approach, the compliance approach and the ethical culture approach
B. The amoral approach, the immoral approach and the ethically-principled approach
C. The ethically incorrect approach, the ethically correct approach and the socially responsibleapproach
D. The noncompliance approach, the compliance approach, the public interest approach and thecultural norm approach
E. The empowered employee approach, the cultural values approach and the authoritarian approach

Answer 1

There are different approaches a company can take in managing ethical conduct, such as the compliance approach, damage control approach, and ethical culture approach

Step-by-step explanation:

The stance a company takes in dealing with or managing ethical conduct can take different forms. One approach is the compliance approach, where a company focuses on following rules and regulations to ensure ethical behavior.

Another approach is the damage control approach, where a company addresses ethical issues only when they arise and tries to minimize the damage. A third approach is the ethical culture approach, where a company fosters a strong ethical culture and values within the organization.

The correct answer from the options provided by the student on how companies handle ethical conduct is A. This approach aligns with different moral theory approaches to normative ethics, such as consequentialism, deontology, and virtue ethics.