Final answer:
False, a company choosing to do something that is legal does not guarantee that it is also ethical.
Step-by-step explanation:
False, a company choosing to do something that is legal does not guarantee that it is also ethical. Legal decisions may be based on what is allowed by law, while ethical decisions consider what is morally right or wrong. While some actions may be legal, they may still be considered unethical by society or certain stakeholders.
For example, a company may exploit legal loopholes to minimize their tax obligations. While this may be legal, it is often seen as unethical because it could be depriving society of necessary funds for public services. Similarly, a company may choose to lay off a large number of employees to cut costs and maximize profits, even though it may be legal to do so. However, this decision could be seen as unethical because it prioritizes profit over the well-being of employees.
Therefore, it is important for companies to not only consider legality but also ethical considerations when making decisions.