The definition of business ethics includes which of the following points?
A) It is a branch of applied ethics.
B) It is fully codified in federal statutes.
C) It has a central authority and universal standards.
D) It is based on maximizing profits for a business.

Question

Quizplus · Accepted Answer

Business ethics is indeed a branch of applied ethics that examines ethical principles and moral or ethical problems that can arise in a business environment. It is not fully codified in federal statutes, does not have a central authority and universal standards, and is not solely based on maximizing profits for a business.

The Definition of Business Ethics Includes Which of the Following