Is it ethical for tobacco companies to sell a product that isknown to be addictive and a danger to the health of the user? Is itrelevant that the product is legal? • Should boards of directorsconsider only price when faced with a buyout offer? • Is it ethicalto concentrate only on shareholder wealth, or should stakeholdersas a whole be considered? • Should firms be penalized forattempting to improve returns by stifling competition (e.g.,Microsoft)?