the model for identifying ethical concerns discussed in class (and in the experiential learning…

the model for identifying ethical concerns discussed in class (and in the experiential learning center):\nsuggests that it is acceptable to mislead consumers so long as all information provided is technically tru\nassumes that, in making decisions on ethical issues, firms are mostly concerned out the possibility of fines and other government sanctions if laws are broken.\nsuggests that, in most cases, acting ethically is generally infeasible and not a goal worth pursuing.\ntries to balance the ethical concerns applicable to a practice with its potential profits so that highly unethical acts are committed only when this will result in very large profits.\nsuggests that in the case of manipulative acts, any redeeming purposes should be considered.

the model for identifying ethical concerns discussed in class (and in the experiential learning center):\nsuggests that it is acceptable to mislead consumers so long as all information provided is technically tru\nassumes that, in making decisions on ethical issues, firms are mostly concerned out the possibility of fines and other government sanctions if laws are broken.\nsuggests that, in most cases, acting ethically is generally infeasible and not a goal worth pursuing.\ntries to balance the ethical concerns applicable to a practice with its potential profits so that highly unethical acts are committed only when this will result in very large profits.\nsuggests that in the case of manipulative acts, any redeeming purposes should be considered.

Answer

Brief Explanations:

Ethical models aim to balance ethics and business - related factors. The correct view is one that considers both ethical concerns and potential profits in a balanced way. Misleading consumers is unethical regardless of technical truth. Firms should not just be concerned about sanctions. Acting ethically is a worthy goal. And highly unethical acts for large profits are wrong. Considering redeeming purposes in manipulative acts is not the main idea of a proper ethical - concern model.

Answer:

Tries to balance the ethical concerns applicable to a practice with its potential profits so that highly unethical acts are committed only when this will result in very large profits.