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What do you mean by the concept of business ethics? - Commerce

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प्रश्न

What do you mean by the concept of business ethics?

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उत्तर

Business exists to supply goods and services to the people from a social point of view but from an individual point of view, the primary objective of any business unit is to make a profit. The individual objective should not be in conflict with the societal objective. These two objectives normally contradict each other, as one business enterprise may be good in an individual objective and bad at social objective and vice versa.

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Concept of Business Ethics
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 18: Business Ethics and Corporate Governance - Exercises [पृष्ठ १८७]

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सामाचीर कलवी Commerce [English] Class 11 TN Board
अध्याय 18 Business Ethics and Corporate Governance
Exercises | Q III. 2. | पृष्ठ १८७
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