Ethical conduct is desirable but not necessary; business should be conducted through sole reliance on positive law and its enforcement in the courts.

Question

Quizplus · Accepted Answer

Ethical conduct is necessary in business, as it contributes to social responsibility, reputation, and sustainability. Sole reliance on legal enforcement can lead to compliance-based behavior, rather than ethical decision-making. Business ethics go beyond legal compliance, as they involve moral principles, fairness, and integrity.

Ethical Conduct Is Desirable but Not Necessary; Business Should Be