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Towards whom does management have ethical responsibility?

Answer and explanation

Correct answer: Towards customers, employees and society

The governing concept is stakeholder responsibility. Management decisions influence customers through product quality and truthful communication, employees through fair treatment and safe working conditions, and society through employment, taxation, resource use, and environmental effects. Ethical management therefore considers the legitimate interests of all affected groups rather than focusing on one narrow personal interest. Option A is correct because it identifies customers, employees, and society as important stakeholders. A chair, a wall, and a colour are objects or attributes, not stakeholders with rights or interests that management must protect. The wording of A is broad enough to capture the central ethical duty.

Related tags

Management-As-ProfessionEthical-ResponsibilityStakeholdersBusiness-StudiesManagement As A ProfessionNature And Significance Of ManagementBusiness StudiesClass 12 Mcq

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