Damage control approach in ethical conduct of a company

Question

Explain about the damage control approach.

Answer 1

The damage control approach:

Damage control is preferential at companies whose managers are intentionally amoral but who dread scandal and are eager of containing adverse fallout from claims that the company’s strategy has unethical parts or that company personnel involve in unethical practices. Companies using Damage control approach generally make some concessions to window-dressing ethics, going as distant as to adopt a code of ethics so that their executives can point to it as proof of their ethical commitment should any ethical lapses on the company’s portion be exposed. The major point of the damage control approach is to defend against adverse publicity brought on by vocal or angry stakeholders, dangers of litigation, outside investigation, or disciplinary government action.