________ consists of the fundamental moral values and behavioral standards that form the foundation for the people of an organization as they make decisions and interact with stakeholders.
A)Business ethics
B)Social responsibility
C)Moral responsibility
D)Law

Question

Quizplus · Accepted Answer

Business ethics refers to the set of moral principles and values that guide the behavior of individuals in a business environment. These principles and values provide a framework for decision-making and interactions with stakeholders such as customers, employees, suppliers, and the community. Social responsibility refers to an organization's obligation to act in the best interest of the society and environment. Moral responsibility refers to an individual's personal accountability for one's actions and decisions. The law is a set of rules and regulations enforced by the government that defines acceptable behavior and punishes those who violate it. While all of these concepts are related, only business ethics directly addresses the fundamental moral values and behavioral standards that guide decision-making in an organization.

________ Consists of the Fundamental Moral Values and Behavioral Standards