A company is trying to use ethical business practices that are based on a market system that is transparent and regulated by laws that apply to everyone. Which ethical outlook is this company trying to use?

The functional ethical outlook focuses on the effectiveness and efficiency of business practices, often prioritizing outcomes over moral considerations. While it may involve some ethical principles, it does not inherently promote a universal standard of transparency or equality across all stakeholders, which is central to the company's approach.

Relational ethics emphasizes the importance of relationships and context in ethical decision-making. This perspective prioritizes personal connections and situational factors over universal principles, which contrasts with the company's focus on a transparent market system governed by consistent laws applicable to all parties.

Relativism suggests that ethical standards are determined by cultural, societal, or personal contexts, leading to varying interpretations of what is right or wrong. This company's commitment to a regulated market system and uniform laws indicates a rejection of relativism, favoring a more universal approach to ethics.