Which one of the following about business ethics is true?

Question

Quizplus · Accepted Answer

Business ethics are the principles of right or wrong that govern the conduct of business people. They help guide decision making in the business world and encompass a wide range of issues such as social responsibility, fairness, honesty, and integrity. Option B is incorrect because business ethics are specific to the conduct of business people, not individuals in general. Option C is incorrect because while professional ethics may be a subset of business ethics, business ethics are not limited to professionals. Option D is incorrect because business ethics involve more than simply selecting the correct alternative to solve a problem - they also consider the moral implications of business decisions. Option E is also incorrect because business ethics apply to individuals within an organization, not just the organization as a whole.

Which One of the Following About Business Ethics Is True