It is important to reflect on the importance of ethical norms within the Busines

It is important to reflect on the importance of ethical norms within the Business world. Corporations have had a difficult time, at times, balancing profits, and obligations to shareholders and what most people feel is moral in particular cases. For example, it is legal to produce textiles overseas where child labor is acceptable; however, many a textile seller has faced harsh criticism and boycotts for doing so (e.g., Kathy Lee Gifford scandal). Should US corporations be held to the same standards we require in the US when they are operating in other countries? Should they be held accountable morally for engaging in what we would consider unethical conduct? In your opinion, how should that relate and/or affect a corporation’s duty to earn a profit for shareholders?
Please write a brief essay expressing your opinions to the questions posed above. Do not forget you may use the Ethics section/chapter in the text as a starting point for your research. Your essay should be at least 500 words in length. Students must post at least two replies to other students’ posts thereafter. Each reply post must be at least 150 words in length and be on topic