What does 'Legal-Ethical' imply?

Prepare for the WGU BUS2010 D072 exam. Study with flashcards and multiple choice questions, each question offers hints and explanations. Get ready for your exam!

'Legal-Ethical' refers to the intersection where legal requirements and ethical principles align. This concept emphasizes that organizations should not only adhere to the law but also uphold ethical standards that reflect their values and responsibilities to stakeholders. When an organization operates within legal-ethical parameters, it acknowledges that legal compliance is essential but also recognizes the importance of ethical considerations that may exceed mere legal obligations. Thus, an approach that values both legal and ethical standards ensures a comprehensive framework for decision-making that benefits the organization and its broader community.

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