Exploring Business Ethics
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Questions and Answers

What is business ethics?

  • The study of CSR and its impact on business
  • The study of business situations and decisions
  • The study of philosophy and social norms
  • The study of right and wrong in business (correct)

What is the difference between ethics and CSR?

  • Ethics is older than CSR (correct)
  • Ethics focuses on individual and collective well-being
  • Ethics is concerned with evaluating the effect of actions on others
  • Ethics is influenced by philosophy, social norms, and values

What kind of right/wrong are we looking at in business ethics?

  • Personal right and wrong
  • Financial right and wrong
  • Ethical right and wrong (correct)
  • Legal right and wrong

Why is business ethics important?

<p>Business decisions affect parties not involved in the decision-making process (D)</p> Signup and view all the answers

What questions do we often ask in relation to ethics?

<p>How do my actions affect others? (A)</p> Signup and view all the answers

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