During this course you have reviewed many areas of law and various ethical frameworks and applied them to both real companies and hypothetical situations. These have illustrated the ethical challenges of doing business in today’s society in the U.S. and globally. Regardless of size, a business faces governmental regulations and a myriad of issues that are often in direct conflict with the notion of making a profit.
Reflect on these business challenges and share what you believe to be the best ethical framework for a business operating in today’s world.
What is your recommendation for a business to be both ethical and successful?
How will your recommended framework work in decision making?
In response to each other, do not hesitate to ask questions. Use your discussion to further develop your thoughts.
In considering your answers to these questions, remember to use sources from your readings and other research that are relevant to and support your ideas.