Blanchard and peale

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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.

Reference no: EM131004295

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