Questions and Answers
What is the main point of the passage?
Ethical behavior requires more than just following the law.
How do people sometimes measure their behavior according to the passage?
By asking if it is legal.
What does the passage suggest about following the law?
It is an important step but not enough for ethical behavior.
According to the passage, what do ethics reflect?
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What responsibility should people feel towards others according to the passage?
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Study Notes
Business Ethics
- Business ethics are important for many reasons, such as customers and suppliers preferring to deal with ethical companies.
- Ethics are more than just legality, implying that businesses should go beyond just following the law.
- No individual, including government officials and business people, should be above the law.
- Having ethical standards in business:
- Makes accounting practices more transparent
- Holds business people and others accountable for their actions.
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