Question

Which of the following ethical theories is adopted by a company that strives to act as ethically as possible, even at the expense of some additional profits, as long as the business remains profitable?

Answer 1

Answer:

Moral minimum theory

Explanation:

According to moral minimum theory, a person or a group are expected to strive for personal gain, but they have to do it in a way that is not causing harm to others.

They do not have to necessarily do good for others, just not harming them is enough. (this is where the phrase 'moral minimum' Come from. As a society become more progressive, the number of companies that follow this ethical theories tend to increase. They even have more tendency to actually contribute to other people's well being.