True or False: Ethical guidelines tend to maximize profits while minimizing the conflict and distruptions that slow business growth.

Answer 1

False. Ethical guidelines are designed to promote integrity, fairness, and accountability in business practices, which can lead to sustainable growth and trust among stakeholders. While following ethical guidelines can ultimately be beneficial for a company's reputation and long-term success, the primary goal of these guidelines is not necessarily to maximize profits, but rather to ensure responsible and ethical behavior. Conflicts and disruptions can still arise in any business, and ethics may require setting aside short-term profit-maximizing strategies for the sake of ethical considerations.