Illustrate what you do if you believe that ethical behaviour

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Q. You are assigned by your employer, Jay-Mart Corporation, an international discount retailer, to supervise construction of ten new retail superstores in Shanghai, China. All construction is being d1 by a Chinese-owned contractor in compliance with Jay-Mart's construction standards. After an earthquake in China kills over 70,000 people, China's legislature passes a statute requiring new buildings to have a greater ability to withstand a large earthquake. Chinese contractor has approached you and suggested that new Chinese construction standards are unnecessarily high, that Jay-Mart's construction standards are sufficient to protect against any earthquake likely to occur and that cost of complying with new Chinese construction standards will increase construction costs 20 percent. Illustrate what do you do if you believe that ethical behaviour requires you to maximize Jay-Mart's profits?

Reference no: EM1374591

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