Ethics refers to a set of moral principles and values that guide individuals and organizations in determining what is right and wrong. It goes beyond personal values and includes codes of conduct and moral obligations in the business industry. It is not just a management concern, but rather a concern for all individuals and organizations to ensure responsible and ethical behavior.

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Ethics Is

Question 37

Multiple Choice

Ethics is:

A) a cost to the service industry
B) a set of moral principles and values used to answer questions about right and wrong
C) not about personal value systems but business values
D) normally just a management concern

Correct Answer: