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What are the levels upon which business ethics exists?Question 4Select one:a.compliance and governanceb.federal, state, and localc.normative and descriptived.individual, organizational, and societal

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What are the levels upon which business ethics exists?Question 4Select one:a.compliance and governanceb.federal, state, and localc.normative and descriptived.individual, organizational, and societal

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Solution

The levels upon which business ethics exist are individual, organizational, and societal.

  1. Individual Level: This is the most basic level of business ethics. It involves personal moral judgments and behaviors within the business context. For example, an individual's decision to act honestly and not engage in fraudulent activities falls under this level.

  2. Organizational Level: This level of business ethics involves the culture, values, and norms that a company establishes. It includes the ethical standards that a company sets for its employees and how it deals with ethical issues that arise within the organization. For example, a company's policy on conflicts of interest or its procedures for reporting unethical behavior would fall under this level.

  3. Societal Level: This is the broadest level of business ethics. It involves the role of business in society and the expectations that society has for business behavior. This can include issues like corporate social responsibility, corporate governance, and the relationship between business and the environment.

So, the correct answer is d. individual, organizational, and societal.

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