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Essay / Research Paper Abstract
This 10 page paper addresses ethical issues pertinent to corporate America. Whether a values based or compliance approach is better is one question addressed. The paper supports the notion that the law is sufficient to address all concerns related to corporate ethics. Bibliography lists 3 sources.
Page Count:
10 pages (~225 words per page)
File: RT13_SA246eth.rtf
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Unformatted sample text from the term paper:
public, and to their workers, is that the workers helped to build the company, and the public helped by buying what the firm offers. Thus, the thinking goes, the company
owes the public something. Obviously, if the corporation is conducting an illegal business, or doing anything illegal, then it should be fined or closed down, but it should not be
obligated to the public or to their employees above and beyond the cursory commitment. For example, if a firm employs a worker, it owes that worker a salary for what
work that employee has already done, but the corporation does not owe that worker a guarantee of a job for the rest of his life, nor does a firm owe
the customer anything beyond the individual transactions of sale and purchase. At first glance, it appears as if the question of corporate responsibility is simple. Is responsibility justifiable as
it relates to moral, legal and ethical issues? As noted, the corporation does have legal obligations, but beyond that, morals and ethics do not really matter. That is because legally,
a company cannot do something that will bring anyone else harm. If it does, it is legally obligated. It goes without saying that these legal requirements have ethical and moral
implications. For example, the tobacco industry is being sued not because it has sold a harmful product, but because it knowingly sold a harmful product and did not care. If
it is found to have the knowledge and recklessly endangered the health of the public, then of course, one can say, that the firm or industry is legally, morally and
ethically responsible. Thus, one can say that a corporation that is legally liable for some transgression is also held to a high moral standard. In other words, if a
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