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The ultimate goal of a business is to be profitable. Without profits, the company cannot sustain itself in the future. Discuss the ethical implications that
The ultimate goal of a business is to be profitable. Without profits, the company cannot sustain itself in the future.
- Discuss the ethical implications that may arise when profits are the only focus of a business. Provide an example of a business operation that may or may not enhance the community or environment.
1. Provide an example of a company that put profits above all else and subsequently had legal actions against it for unethical practices.
2. For example, Enron published inaccurate financial statements, which resulted in the bankruptcy of both the company and one of the largest accounting firms in the world, Arthur Andersen.
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