OMM 640 week 1 assignment 1

Apr 5th, 2015
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Chaquinta R. LearyBusiness Ethics and Social ResponsibilityThe Ethics of HardballAshford UniversityAlan SwankDecember 3, 2012Can one make an "ethical" decision that is at the same time "good" business? Why or why not? Explain your position. It is quite feasible to help make an ethical selection and simultaneously pursue very good business. This really is because of the fact that the company or even business enterprise is capable of pursuing ethics simply by maintaining rates which are inexpensive to consumers but still produce gains. Numerous companies are keen on breaching cost regulations simply by charging quite high costs with regard to goods way past exactly what they'd paid for the identical in a bet to create large gains; this kind of profits are usually known as abnormal profits. An illustration of this particular scenario is actually illustrated through Home depot. This particular furnishing dealership sought for not to earn money due to the struggling of people within Florida following the hurricane that hit them, in contrast to some other retailers exactly who bloated their own rates in order to profit from the troubled population. Home depot just elevated its rates partially but nonetheless produced returns. This can be a typical scenario of the ethical choice which simultaneously generates great business (Boatright J. R., 2007).Should businesses be held morally accountable applying different standards than we use to assess others in

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