Business Law
Not what you're looking for?
Does anyone ever think that regardless of a profit loss analysis that a company should be obligated to "do the right thing?'" For example if there is only a one in a million chance that something bad would happen to someone, should the company be required to disclose that information? Is this in essence valuing a human life?
Purchase this Solution
Solution Summary
This solution provided reasons if a company should do the right thing if there is a profit loss.
Solution Preview
Every company should become obligated to do the right thing. A high ethical standard is needed in order to avoid anything unethical that could occur. When profit lost does occur, one has to quickly pay attention to what happened and do everything possible to prevent it in the future. For example, if an employee committed fraud by stealing within the company, then everyone should know to stay away from that individual, but the company has the legality to turn them in to the police as well as take them to court for their unlawful actions to break the law and put the company in danger. Every organization needs to disclose the ...
Purchase this Solution
Free BrainMass Quizzes
Learning Lean
This quiz will help you understand the basic concepts of Lean.
Change and Resistance within Organizations
This quiz intended to help students understand change and resistance in organizations
Business Processes
This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.
Organizational Leadership Quiz
This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.
Team Development Strategies
This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.