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What is business ethics? - Organisation of Commerce and Management

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प्रश्न

What is business ethics?

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उत्तर

The word 'Ethics' is derived from the Greek word 'Ethos' which means character. Ethics means the set of rules and principles that the organization should follow while the business ethics refer to a code of conduct that businesses are expected to follow while doing business. Through ethics, a standard is set for the organization to regulate their behavior. This helps them in distinguishing between the wrong and the right path of the business. Ethics is a branch of social science.

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Concept of Business Ethics
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अध्याय 6: Social Responsibilities of Business - Exercise [पृष्ठ १३१]

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बालभारती Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
अध्याय 6 Social Responsibilities of Business
Exercise | Q 4. 2) a. | पृष्ठ १३१

संबंधित प्रश्न

Businessmen are ______ of the society.


Business ethics is a branch of .................... science.


Business is a ________ activity.


Write a word or phrase or a term which can substitute  the following.
A set of principles of right conduct.


Write a word or phrase or a term which can substitute the following.
Rules of standards dealing with morality in business environment.


Write a word or phrase or a term which can substitute  the following.
Corporate ethics which is a form of applied ethics.


Write a word or phrase or a term which can substitute the following.
An element of business ethic in which opinions and feedbacks from clients are considered.


Write a word or phrase or a term which can substitute the following.
The critical, structured examination of how people and institutions behave in the world of commerce.


Answer the following question.
State concept of business ethics in details.


Feature/Nature/Characteristics of Business Ethics?


Choose the correct option for the following: Ethics is important for


'Business is essentially a social institution and not merely a profit making activity'. Explain.


Business ethics refers to the ______ system of principles.


Give one word or phrase or a term which can substitute the following.

An activity motivated by profit.


Business ethics is a code of conduct.


The word 'Ethics' is derived from the Greek word ______.


Answer in one sentence.

Who can raise voice against business malpractices?


Correct the underlined word and rewrite the sentence.

Financial help should be provided by business organizations for anti-social activities.


Explain the following term/concept.

Moral Values


Describe the features of business ethics.


Choose the Correct Answer.

Which of the following does not ensure effective ethical practices in a business enterprise.


Choose the Correct Answer.

The ethical conduct of employees leading to standard practices results in ______


What do you mean by code?


State two ways by which ethics influences behaviour?


Define business ethics.


What do you mean by the concept of business ethics?


Why is ethics necessary in business?


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