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Multiple Choice Question______ is/are principles and standards that determine acceptable conduct in business.Multiple choice question.Corporate citizenshipEthical issuesBusiness ethicsPersonal ethics

Question

Multiple Choice Question______ is/are principles and standards that determine acceptable conduct in business.Multiple choice question.Corporate citizenshipEthical issuesBusiness ethicsPersonal ethics

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Solution

The correct answer is "Business ethics". These are principles and standards that determine acceptable conduct in business. They guide the behavior of individuals and organizations in business situations.

Here's a brief explanation of each option:

  1. Corporate citizenship: This refers to a company's responsibilities towards society. It's about contributing to the communities and environments in which the company operates.

  2. Ethical issues: These are problems or situations that require a person or organization to choose between alternatives that must be evaluated as right or wrong.

  3. Business ethics: This is the correct answer. Business ethics are principles and standards that guide behavior in the world of business. They dictate what is right and wrong, and doing the right thing in business.

  4. Personal ethics: These are the principles and values that an individual uses to govern their activities and decisions. They are guided by personal beliefs and values, which can sometimes differ from the ethics of a business or profession.

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