Business ethics is concerned with

Question

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Business ethics is concerned with ensuring that managers weigh the ethical implications of their decisions. While teaching people the difference between right and wrong is a component of ethics, it is not the sole focus of business ethics. Similarly, ensuring that employees obey the law is important, but it does not encompass the entirety of business ethics. Business ethics is not about replacing economics with social responsibility, but rather balancing economic goals with ethical considerations. Increasing profits is important for businesses, but this should not come at the expense of ethical behavior.

Business Ethics Is Concerned with