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State with Reason Whether the Following Statement is True Or False. Every Business Organization Should Pay Attention to Business Ethics While Conducting Their Activities. - Organisation of Commerce and Management

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Question

State with reason whether the following statement is true or false.

Every business organization should pay attention to business ethics while conducting their activities.

Options

  • True

  • False

MCQ
True or False

Solution

Every business organisation should pay attention to business ethics while conducting its activities. True
Explanation:
Business ethics refers to the code of conduct. It is a system of moral principles that every business should follow, irrespective of its size. This code primarily guides and help the people to behave in a proper manner which is socially acceptable.

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Role of Environment Protection and Business
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Chapter 4: Social Responsibility of Business - True or False [Page 123]

APPEARS IN

Micheal Vaz Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
Chapter 4 Social Responsibility of Business
True or False | Q 14 | Page 123

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