The System of Governing an Organization So That the Interests

question 84

True/False

The system of governing an organization so that the interests of corporate owners are protected refers to corporate governance.

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Definitions:

Greatest Good

A principle aimed at achieving the maximum positive impact or benefit for the greatest number of people.

Rules

Guidelines or instructions that dictate how something should be done or what is permissible.

Private Ethics

Moral principles and values held by an individual governing personal behavior that may not always align with public standards or expectations.

Business Morality

concerns the ethical principles that guide the behavior and operations of businesses and their decision-makers.