Which of the following applies to the theory of rights? 1- Firms that fail to ma

Question

Which of the following applies to the theory of rights?

1- Firms that fail to maximize stockholders’ wealth violate fundamental rights and privileges.

2- People should be treated as means to the ends of others and never purely as end.

3- Fundamental human rights and privileges transcend boundaries and cultures.

4- Firms can pursue actions that violate fundamental rights in order to maximize profits.

5- Collective good forms the basis for the moral compass that managers should use when making ethical decisions.

Explanation / Answer

The correct option is

C- Fundamental human rights and privileges transcend boundaries and cultures.

There is no such boundary of fundamental human rights and privileges. This is approx the same in all over the world. Ethics for one country is also the ethics for another country. That is why fundamental human rights and privileges transcend boundaries and cultures.

The human rights are fundamental that is why it is applicable to all the humanity.      

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