business laws quiz
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Questions and Answers

What is the primary focus of business ethics?

  • Avoiding legal regulations
  • Examining ethical principles and moral problems in a business environment (correct)
  • Promoting individual interests over organizational values
  • Maximizing profits at any cost

What are the two dimensions of business ethics?

  • Normative business ethics and descriptive business ethics (correct)
  • Individual ethics and organizational ethics
  • Profit-maximizing ethics and non-economic ethics
  • Legal ethics and professional ethics

What accelerated interest in business ethics during the 1980s and 1990s?

  • Interest in business ethics within major corporations and academia (correct)
  • Corporate commitment to non-economic values
  • Focus on profit-maximizing behavior
  • Promotion of individual interests

What do business ethics refer to in contemporary organizational standards?

<p>Sets of values and norms that govern the actions and behavior of individuals (B)</p> Signup and view all the answers

What is the field of business ethics primarily focused on as a corporate practice and career specialization?

<p>Normative business ethics (A)</p> Signup and view all the answers

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