Business managers need a set of ethical guidelines to help them:
A) Understand the changing customs throughout the world.
B) Justify the resolution which best helps themselves.
C) Identify and analyze the nature of ethical problem.
D) None of the above.

Question

Quizplus · Accepted Answer

Ethical guidelines help business managers identify and analyze the nature of ethical problems they may encounter in the course of their work. They provide a framework for decision-making that considers the impact of choices on different stakeholder groups and encourages behavior that is consistent with values such as honesty, integrity, social responsibility, and fairness. While ethical guidelines may be informed by changing customs and should respect legal requirements, they should not prioritize the self-interest of the manager or the company over the common good.

Business Managers Need a Set of Ethical Guidelines to Help