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</p> Signup and view all the answers

    What questions do we often ask in relation to ethics?

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

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