Answered: uestion: Is management ethically…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

See similar textbooks

Related questions

Question

ABC Cleaning has produced a safe new product that when sprayed on clothes effectively repels dirt, so that garments need never be washed or dry cleaned. If it sold the product and the product were widely used, no one would need ABC Cleaning’s services. Consequently, ABC Cleaning’s management decides not to market the product and sets out to destroy any information about it.

Question: Is management ethically justified in doing so?

(Note that while this scenario may seem far-fetched, it is not the only suppressed technology. Google suppressed technologies to see what other inventions may have been suppressed by big business or government intervention.)

Expert Solution

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.

Similar questions