Whirlwind Financial Corporation sends its executives to a resort in Mexico—at taxpayers’ expense—to consider using the firm’s cash to buy back its stock and thereby prop up the value. Many of its competitors are doing the same thing. One of the best ways to learn about the ethical responsibilities inherent in operating a business is to look at
A. the mistakes made by other companies.
B. the benefits of pursuing profit despite the appearance of impropriety.
C. the prevalence of a practice among other corporations.
D. who is footing the bill for a particular action.
Answer:A
Whirlwind Financial Corporation sends its executives to a resort in Mexico—at taxpayers’ expense—to consider using the firm’s cash to buy back its stock and thereby prop up the value. Many of its competitors are doing the same thing. One of the best ways to learn about the ethical responsibilities inherent in operating a business is to look at
A. the mistakes made by other companies. B. the benefits of pursuing profit despite the appearance of impropriety. C. the prevalence of a practice among other corporations. D. who is footing the bill for a particular action.