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प्रश्न
What do you mean by the concept of business ethics?
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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संबंधित प्रश्न
State Whether the Following Statement Are True Or False (Give Reason)
Business ethics is not applicable to all business organizations.
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.
The critical, structured examination of how people and institutions behave in the world of commerce.
Business ethics is a code of conduct.
The word 'Ethics' is derived from the Greek word ______.
Explain the following term/concept.
Business ethics
Explain the following term/concept.
Moral Values
Justify the following statement.
Business ethics contains moral and social values for doing business.
Choose the Correct Answer.
Which of the following does not ensure effective ethical practices in a business enterprise.
Why is ethics necessary in business?
