Acme Corp is a
publically-traded corporation from Country A
that manufactures widgets. Acme opens a factory in Country B, a
foreign country. While the minimum age for employment in Country A
is 18 years, the minimum age for employment in Country B is 14.
When Acme opens its factory in Country B, it employs 100 workers
aged 14 to 18.
After 10 years, Acme sells its factory in Country B to
Hardworkers, Inc. a contractor for widget parts. Acme moves all its
operations back to Country A, but buys components for its
widgets from Hardworkers. Over time, Acme becomes the sole
customer for the widget parts produced by Hardworkers.
Due to a company policy instituted by Hardworkers,
employees must arrive to work regardless of their health
or risk losing their job. A sick
worker at Hardworkers infects 500 employees,
who later become unable to work.
After the 500 Hardworkers laborers became ill, the
management of Acme Corp argued that Acme should compensate their
families for their loss. Acme is under no legal obligation to help
those harmed. John, a shareholder of Acme Corp, argued against such
compensation. John argued that by spending the resources of the
corporation to help the victims, the managers were misappropriating
property that rightly belonged to him and the other shareholders.
Which of the following properly identifies the philosophy of
business ethics most closely associated with John’s
argument?
A.
Milton Friedman’s perspective
B.
Alfred Marshall’s perspective
C.
Moral universalism
D.
Ethnical relativism
Acme Corp is a publically-traded corporation from Country A that manufactures widgets. Acme opens a factory in Country B
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