According to blanchard and peale the power of ethical, Ask an Expert

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According to Blanchard and Peale (The Power of Ethical Management, New York: Morrow, 1988), there are three ethical tests that may be useful:

Is it legal or within company policy?
Is it balanced and fair in the short and long term?
Would you be proud if the public or your family knew about it?

Applyeach of the tests to the following situations and explain your reasoning:

A foreign firm subsidizes its sales in another country
A foreign firm dumps its products - at less than cost - in another country
A firm imports products that, if made domestically, would've violated the laws.

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Management Theories, Management Studies

Category:- Management Theories
Reference No.:- M91720043

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