Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter16: Bargaining
Section: Chapter Questions
Problem 16.2IP
Related questions
Question
Would it be ethical if Facebook profited from selling your and others' personal information to employers
Expert Solution
Step 1
Ethical issues in the business refer to the decisions of business affecting the moral standards of the society. Ethics in business is important as it helps to gain trust among the stakeholders or employees which is required to achieve long-term objectives. Also, the ethical decisions of the business help them to create goodwill and stay away from legal issues.
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