Question.2162 - During this course you have reviewed many areas of law and various ethical frameworks and applied them to both real companies and hypothetical situations. These have illustrated the ethical challenges of doing business in today's society in the U.S. and globally. Regardless of size, a business faces governmental regulations and a myriad of issues that are often in direct conflict with the notion of making a profit. You are engaged in obtaining an MBA. These are all real issues for your consideration in the future. DISCUSSION PROMPT: In this week's Discussion: Reflect on these business challenges and share what you believe to be the best ethical framework for a business operating in today's world. What is your recommendation for a business to be both ethical and successful? How will your recommended framework work in decision making? In response to each other, do not hesitate to ask questions. Use your discussion to further develop your thoughts. In considering your answers to these questions, remember to use sources from your readings and other research that are relevant to and support your ideas.
Answer Below:
In xxxxxxx complex xxxxxxxx landscape xxxxxxxxx indeed xxxx numerous xxxxxxx challenges xxx conflicting xxxxxxxxx while xxxxxx to xxxxxx profitable xxx compliant xxxx governmental xxxxxxxxxxx To xxxxxxxx these xxxxxxxxxx successfully xxxxxxxxxx need xx adopt x robust xxxxxxx framework xxxx guides xxxxx decision-making xxxxxxxxx One xxxx framework xxxx can xx recommended xxx a xxxxxxxx operating xx today's xxxxx is xxx Triple xxxxxx Line xxxxxxxx The xxxxxx Bottom xxxx TBL xx an xxxxxxx framework xxxx goes xxxxxx the xxxxxxxxxxx focus xxxxxx on xxxxxxxxx profits xxxxxxx it xxxxxxxxx three xxx dimensions xx business xxxxxxxxxxx social xxxxxxxxxxxxx and xxxxxxxxx The xxxxx bottom xxxxx are xxxxxx planet xxx profit xxxx framework xxxxx businesses xx evaluate xxxxx impact xx society xxx environment xxx their xxxxxxxx bottom xxxx simultaneously xx achieve xxxxxxx and xxxxxxxxxxx success xxxxxxxxx can xxxxxx key xxxxxxxxxxxxxxx Embrace xxxxxxxxx Social xxxxxxxxxxxxxx CSR xxxxxx in xxxxxxxxxxxx promote xxxxxxxx well-being xxxxxx diversity xxx inclusion xxx ensure xxxxxxx sourcing xx materials xxxxxxxx Sustainable xxxxxxxx Operations xxxxxxxx the xxxxxxxxxx footprint xxxxxx waste xxxxxxxxxx energy xxxxxxxxxx and xxxxxx in xxxxxxxxxxxx practices xxxxxxxxxx Stakeholder xxxxxxxxxx Listen xx concerns xxxxxxxx their xxxxxxxxx in xxxxxxxxxxxxxxx and xxxxxxxx transparency xxxx customers xxxxxxxxx suppliers xxx local xxxxxxxxxxx Cultivate xxxxxxx Leadership xxx Corporate xxxxxxx Promote xxxxxxxxx open xxxxxxxxxxxxx and xxxxxxxxx to xxxxxxx principles xx all xxxxxx of xxx company xxx application xx the xxxxxxxxxxx TBL xxxxxxxxx in xxxxxxxxxxxxxxx involves xxx following xxx steps xxxxxx Assessment xxxxxxxx potential xxxxxxxxxxxxx across xxx TBL xxxxxxxxxx before xxxxxx significant xxxxxxxxx Balancing xxxxxxxxxx Find xxxxxxxxx solutions xxxx benefit xxxxxxxx stakeholders xxx align xxxx long-term xxxxxxxxxxxxxx in xxxxxxxxx with xxxxxxxxx interests xxxxxxx a xxxxxxxxx Perspective xxxx decisions xxxx contribute xxxxxxxxxx to xxxxxx and xxxxxxxxxxxxx aspects xxxxxxxxx long-term xxxxxxxxxx Accountability xxx Transparent xxxxxxxxx Hold xxxxxxxxxx accountable xxx actions xxx regularly xxxxxx progress xx social xxxxxxxxxxxxx and xxxxxxxxx goals xx conclusion xxx TBL xxxxxxxxx offers x comprehensive xxxxxxxx to xxxxxxx decision-making xxx businesses xx considering xxxxxx environmental xxx financial xxxxxxx companies xxx strive xx be xxxxxxx and xxxxxxxxxx while xxxxxxxxxx impacting xxxxxxx and xxx planet xxxxxxxxx sustainable xxx prosperous xxxxxx in xxx long xxxx References xxx triple xxxxxx line xxxx it xx why xx s xxxxxxxxx Business xxxxxxxx Blog xxxxxxxxx at xxxxx online xxx edu xxxx post xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx Accessed xxxx Timothy x Slaper xx D xxx Hall x J xx date xxx triple xxxxxx line xxxx is xx and xxx does xx work xxxxxxxxx at xxxxx www xxxx indiana xxx ibr xxxxxx article xxxx Accessed xxxxMore Articles From Marketing
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