Answer:
The correct answer to the multiple-choice question is c. that it commits to a fair return for stockholders, which is part of the Johnson & Johnson Credo reflecting corporate responsibility and balanced ethical obligations.
Step-by-step explanation:
The Johnson & Johnson Credo is a well-known code of ethics that has guided the company through various challenges. Unlike options suggesting a focus on collusion or ethnocentrism, the Credo emphasizes corporate responsibility, including ethical obligations to consumers, employees, communities, and shareholders. The most accurate element mentioned in the Credo, according to the question's options, is c. that it commits to a fair return for stockholders. This commitment reflects the balance Johnson & Johnson seeks to maintain between its duties to its shareholders and the broader ethical responsibilities it upholds.
In broader terms, codes of ethics are crucial for organizations and professional groups to guide behavior and decisions. Ethical principles like those outlined by professional organizations, such as the IEEE-CS's Software Engineering Code of Ethics and the United Nations Global Compact, emphasize the importance of ethical practice in both business operations and professional conduct. These principles often intersect with normative moral theories and address issues ranging from human rights to environmental stewardship.