Explore BrainMass
Share

Explore BrainMass

    profits and its ethical obligations

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    What conflicts may exist between a firm's desire to maximize profits and its ethical obligations?

    © BrainMass Inc. brainmass.com October 10, 2019, 12:45 am ad1c9bdddf
    https://brainmass.com/economics/environment/profits-ethical-obligations-305230

    Solution Preview

    A firm might want to maximize profits at the expense of their ethics. Ethics are tricky because they are very subjective and sometimes something that is perfectly legal might seem unethical. For example, if the need is to maximize profits, the firm might have an incentive to exploit workers, reduce expenses on work safety ...

    Solution Summary

    The correlation between profits and its ethical obligations is examined in this solution.

    $2.19