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When adopting duty-based ethics, corporations often demonstrate the duties they owe?

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Final answer:

When adopting duty-based ethics, corporations often demonstrate the duties they owe by adhering to five prima facie duties identified by Ross. These duties include a duty of fidelity, a duty of reparation, a duty of gratitude, a duty to promote a maximum of aggregate good, and a duty of non-maleficence.

Step-by-step explanation:

When adopting duty-based ethics, corporations often demonstrate the duties they owe by adhering to five prima facie duties identified by Ross. These duties include a duty of fidelity, or keeping promises and being truthful; a duty of reparation, or making up for wrongs done to others; a duty of gratitude, or expressing gratitude for things that benefit the corporation and reciprocating when possible; a duty to promote a maximum of aggregate good, or increasing overall good in the world; and a duty of non-maleficence, or not harming others.

For example, a corporation that adopts duty-based ethics might demonstrate the duty of fidelity by honoring contracts and agreements, valuing transparency and honesty in their dealings. They might demonstrate the duty of reparation by taking responsibility for any harm caused by their actions and taking steps to make amends. The duty of gratitude can be demonstrated by showing appreciation to employees, customers, and stakeholders, and considering their well-being in decision-making. The duty to promote a maximum of aggregate good can be demonstrated by implementing responsible business practices that prioritize societal and environmental well-being. Lastly, the duty of non-maleficence can be demonstrated by avoiding actions that harm others, including employees, customers, and the community.

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