Which of the following statements about business ethics is true?
A) It concerns the impact of a business activities on society.
B) It refers to principles and standards that determine acceptable behavior in the world of business.
C) It relates to an individual's values and moral standards and the resulting business decisions he or she makes.
D) What is ethical is determined by the public, government regulators, interest groups, competitors and individual's personal moral values.
Correct Answer:
Verified
Q9: Ethics refers to a _ that guides
Q10: Ethics in compliance means
A)it is about obeying
Q11: _made it important for businesses to have
Q12: Compliance is about obeying and adhering to
Q13: An expert who is c onfidentially available
Q15: Feature that is NOT present in business
Q16: Following is not a professional characteristic:
A)Competition (Undercutting)
B)Competency
C)Character
D)Compensation
Q17: Ethics has become important because of
A)Globalization
B)Communication explosion
C)Both
Q18: Corporate codes of ethics
A)are always externally audited.
B)create
Q19: The crucial step in understanding business ethics
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