On August 1, 2018, Reddit, an American social news aggregation, web content rating, and discussion website reported that it had been hacked. A spokesperson for Reddit said publicly, "Think about whether there's anything on your Reddit account that you wouldn't want associated back to that address." The company also included instructions for users to remove their Reddit data. Do Reddit company managers have an obligation to observe ethical norms when crafting and executing a strategic response to this breach of data security and potential loss of consumer privacy?
A. No, because ethics in business only concern the rules each company's top management and board of directors make about "what is right" and "what is wrong."
B. No, because ethics in business are generally less stringent than the ethical principles for society at large.
C. Yes, because ethics in business are not materially different from ethical principles in general.
D. Yes, because ethics in business are generally more stringent than the ethical principles for society at large.
E. No, because ethics in business deal chiefly with the actions and behaviors required to operate companies in a socially responsible manner.
Answer: C
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