How do business ethics and individual ethics differ?
A) Business ethics focus on profits, while individual ethics focus on discretionary income.
B) Business ethics focus on the application of right and wrong in a business setting, while individual ethics are one's personal standards of right and wrong.
C) Individual ethics focus on work-life balance, while business ethics focus on staying within the legal limits of the law.
D) Individual ethics focus on personal contributions, while business ethics focus on shareholder contributions.

Question

Quizplus · Accepted Answer

Business ethics refer to the moral principles and values that govern the behavior of individuals and organizations in a business setting. On the other hand, individual ethics refer to personal principles and values that guide an individual's behavior, regardless of the business setting. While business ethics are mainly concerned with the application of ethical principles in the workplace, individual ethics are more general and relate to personal standards of right and wrong in all areas of life.

How Do Business Ethics and Individual Ethics Differ