Final answer:
Option d. transaction and conformity costs are both too high
Step-by-step explanation:
The answer to the question is option d. transaction and conformity costs are both too high. This is not a particularly sound or valid reason why a company's strategy should be ethical. Transaction costs refer to the costs associated with conducting business, such as negotiation and coordination costs. Conformity costs refer to the costs of complying with regulations and ethical standards. These costs should not be reasons to avoid ethical behavior, as they are part of the normal costs of doing business and should not outweigh the importance of ethical considerations.