Final answer:
Managers aim to make profit-driven decisions, but ethical considerations and a code of ethics also guide their choices to ensure legal and societal compliance.
Step-by-step explanation:
Managers make decisions that align with the primary goal of generating profit, which is the difference between the cost to produce goods and the price received from selling them. They consider various factors such as labor costs, efficiency, and how to maximize value to shareholders. However, ethical considerations also play a vital role in decision-making. Businesses may follow a code of ethics to ensure they operate within legal and societal values. Some ethical frameworks, like consequentialism, suggest that actions should be judged by their outcomes, aiming for the greatest good for all impacted. While focusing on money in the short to intermediate term, managers are constrained by legal regulations, public sentiment, and sometimes even environmental considerations.