Business Ethics Is the Study of What Constitutes Right and Wrong

question 5

True/False

Business ethics is the study of what constitutes right and wrong, or good and bad, human conduct in a business context.

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Definitions:

Method Ethics

An approach to ethics that focuses on the procedures or methods used to make moral decisions, rather than on the outcomes of the decisions.

Criminal Justice

The system of practices and institutions aimed at upholding social control, deterring and mitigating crime, and sanctioning those who violate laws with criminal penalties and rehabilitation efforts.

Abuse Of Discretion

A failure to exercise reasonable judgment or fair decision-making by someone in a position of authority, often leading to unjust outcomes.

Law Enforcement

The system by which members of society are prevented from breaking the law, maintaining public order, and ensuring public safety through the application of legal codes.