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Questions and Answers
What is the definition of ethics?
What is the definition of ethics?
- A set of rules that prescribe what humans ought to do (correct)
- A set of rules that prescribe what humans cannot do
- A set of rules that prescribe what humans can do
- A set of rules that prescribe what humans ought to avoid
What does business ethics refer to?
What does business ethics refer to?
- The study of business policies that only benefit the stakeholders
- The study of proper business policies and practices regarding potentially controversial issues (correct)
- The study of business policies that are not controversial
- The study of business policies that only benefit the shareholders
What is the importance of examining one's ethical standards?
What is the importance of examining one's ethical standards?
- To ensure that they align with the stakeholders' interests
- To ensure that they align with the company's policies
- To ensure that they align with the law
- To ensure that they are reasonable and well-founded (correct)
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