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Theoretical issues in management ethics

Joseph A. Petrick

Within the field of management ethics, one finds at least two broad types of theories: theories of management and theories of ethics. For the management ethicist, these theories may intersect or be used independently of one another. For the practicing manager, these theories may have an explicit or tacit influence. For example, a manager of a pharmaceutical firm may implement an advertising strategy in a developing country whose effect will be to encourage unsuspecting consumers to medicate with drugs that are outlawed in more economically prosperous nations. This type of action could be based on the assumption that such a strategy is justified because it promises an increase ...

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