Question

Choose the correct option for the following:
Which of the following is capable of doing maximum good to society?

Options

• Business success

• Laws and regulations

• Ethics

• Professional management

Answer 1

Good business ethics are capable of doing the maximum good to society. This is because business ethics refer to the moral values and principles that an enterprise needs to follow in order to work in the interest of society. Thus, as good business ethics are desirable from the viewpoint of society, they contribute towards societal welfare more than business success, law and regulations and professional management of an industry.

Hence, the correct answer is Ethics