Which of the following best defines 'minimal ethics' in business? A) Adhering to high ethical standards to gain stakeholder trust B) Actively promoting corporate social responsibil... Which of the following best defines 'minimal ethics' in business? A) Adhering to high ethical standards to gain stakeholder trust B) Actively promoting corporate social responsibility C) Implementing comprehensive codes of conduct D) Avoiding legal problems and judicial issues only
Understand the Problem
The question is asking to identify which option correctly defines the concept of 'minimal ethics' in a business context. This requires understanding the nuances of ethical practices in business and evaluating the given choices to find the one that most accurately reflects the definition of minimal ethics.
Answer
Avoiding legal problems and judicial issues only.
The final answer is D) Avoiding legal problems and judicial issues only.
Answer for screen readers
The final answer is D) Avoiding legal problems and judicial issues only.
More Information
Minimal ethics in business typically refers to the approach of only doing the bare minimum required to avoid legal problems. This means the focus is primarily on legality rather than ethical standards or social responsibilities.
Tips
A common mistake is confusing minimal ethics with more robust ethical practices like adhering to high standards or promoting CSR.
AI-generated content may contain errors. Please verify critical information
