Question

Which thingsrepresents a justifiable reason for why a company's strategy should be ethical?

Answer 1

Companies should have an ethical strategy for legal compliance, reputation, brand image, customer trust, and loyalty

Step-by-step explanation:

There are several justifiable reasons why a company's strategy should be ethical:

1. Legal Compliance: Ethical behavior helps companies comply with laws and regulations, reducing the risk of legal issues and potential fines or penalties.
2. Reputation and Brand Image: Ethical companies are more likely to build a positive reputation and strong brand image, which can attract customers, investors, and talented employees.
3. Customer Trust and Loyalty: Ethical practices create trust and loyalty among customers, leading to repeat business and positive word-of-mouth recommendations.