In a business setting, which of the following practices is most likely to be considered as unethical? A. allowing managers within a company to act in accordance with rights theories B. informing prospective employees about the ethical climate in the organization promoting employees who engage in ethical behavior and penalizing C. those who do not making sure that key business decisions make good economic sense irrespective of their social costs and risks hiring independent auditors D. to ensure that subcontractors used by the company are living up to its code of conduct

C

Explanation:

In a business setting this practice is considered as unethical those who do not making sure that key business decisions make good economic sense irrespective of their social costs and risks hiring 

The options are not well arranged.

Here is the adjusted one:

In a business setting, which of the following practices is most likely to be considered as unethical?

A. allowing managers within a company to act in accordance with rights theories

B. informing prospective employees about the ethical climate in the organization promoting employees who engage in ethical behavior and penalizing those who do not

C.making sure that key business decisions make good economic sense irrespective of their social costs and risks

D.hiring independent auditors to ensure that subcontractors used by the company are living up to its code of conduct

Here is the

C.making sure that key business decisions make good economic sense irrespective of their social costs and risks

Explanation:

Unethical conducts refer to those acts which contradict the ethics governing a particular profession or business. When an act or a practice is unethical, it violates the common belief of what is right in a particular setting. For example, it is unethical for oil exploration companies to pollute the host communities without considering the social cost of their actions.

On the options supplied above, it is evident clearly that making sure that key business decisions make good economic sense irrespective of their social costs and risks is unethical. Why?

Business does not exist solely for the shareholders who desire profit. Rather, it exists for different stakeholders with different interest. Examples of such stakeholders are creditors, customers, host community, public, government, e.t.c. In ethics, it is important for businesses to consider not only the economic interest of the shareholders, but all interest of the stakeholders. And business decisions should be based on this wholesome consideration of stakeholders interest. So, making sure that key business decisions make good economic sense irrespective of their social costs and risks is an unethical business practice because it contradicts business ethics.

trade regulation is a field of law, often bracketed with antitrust (as in the phrase “antitrust and trade regulation law”), including government regulation of unfair methods of competition and unfair or deceptive business acts or practices. antitrust law is often considered a subset of trade regulation law. franchise and distribution law, consumer protection law, and advertising law are sometimes considered parts of trade regulation law.

in general the theory of economics says that the more open to trade a country is the better   the result for the same country and the whole economies.

in real life countries impose taxes, quotas, etc which is not so good for the economies.

this kind of commercial war between the usa and china is slowing down the growth of the whole world so we can say that it is a draw back of trade regulations. and the free trade agreements are benefits of trade regulations.

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