MGT3213: In a free-enterprise, private-property system, a corporate executive is an employee of the owners of the business: Business Ethics Assignment, IIU, Malaysia

In a free-enterprise, private-property system, a corporate executive is an employee of the owners of the business. He has direct responsibility to his employers.

That responsibility is to conduct the business according to their desires, which generally will be to make as much money as possible while conforming to the basic rules of society, both those embodied in law and those embodied in ethical custom.

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