Business ethics and individual ethics differ based on the fact that business ethics:
A) focus on profits while individual ethics focus on discretionary income.
B) are the obligation of a business to contribute to society and individual ethics are the obligation of an individual to contribute to society.
C) are the application of right and wrong in a business setting and individual ethics are one's personal standards of right and wrong.
D) focus on stockholder contributions and individual ethics focus on personal contributions.

Question

Quizplus · Accepted Answer

Business ethics refer to the application of ethical principles and moral values in a business environment, while individual ethics refer to an individual's personal standards of right and wrong. Business ethics are concerned with the ethical practices, policies, and behaviors within a business organization, while individual ethics are concerned with personal conduct and decision-making. Therefore, business ethics and individual ethics differ based on their scope and context.

Business Ethics and Individual Ethics Differ Based on the Fact