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Challenges in Ethics of a Company

Discuss the major challenges you would anticipate in applying the approach to ethics in the company you researched (and the specific challenges they face), as well as how those challenges might be addressed.

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Discuss the major challenges you would anticipate in applying the approach to ethics in the company you researched (and the specific challenges they face), as well as how those challenges might be addressed.

The biggest challenge that any corporation that attempts to engage in ethical practices faces is the profit driven culture of capitalism. Profit margins and the ability of a company to remain economically solvent often dictate the decision-making and policies that are created within corporate culture. Therefore, unethical actions that increase profit may be tolerated to assure that profit is maintained, increased, or that any losses are covered up. To engage in socially responsible practices that adhere to moral and ethical principles are practiced is expensive because it requires ...

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The expert discusses the major challenge you would anticipate in applying the approach to ethics in the company researched.

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