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Question
Select the proper option from the option given below and rewrite the completed sentence.
Business ethic refers to the system of _______ principles.
Options
Economic
Social
Moral
Solution
Business ethic refers to the system of moral principles.
Explanation:
Business ethics can be defined as the code of conduct that a business organisation must follow. Such a set of rules is desirable from the viewpoint of the society. The purpose of business ethics is to ensure that the managers and other employees in an organisation perform their jobs in a socially acceptable manner.
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| Group “A” | Group “B” | ||
| a. | Responsibility to owners |
1 | Good working condition |
| b. | Consumers | 2 | Branch of philosophy |
| c. | Responsibility to investors |
3 | To serve society |
| d. | Economics objective | 4 | To help small scale industry |
| e. | Business ethics | 5 | Earning foreign exchange |
| 6 | Creating goodwill | ||
| 7 | Branch of social science | ||
| 8 | To earn profit | ||
| 9 | To maintain transparency |
||
| 10 | Good quality product |
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Effects of business on environment.
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Advantages of Protecting Business Environment.
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Relationship of business and environment.
Answer the following question.
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State with reason whether the following statement is true or false.
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State with reason whether the following statement is true or false.
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State with reason whether the following statement is true or false.
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State with reason whether the following statement is true or false.
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