Ethics Is Defined as

question 21

Multiple Choice

Ethics is defined as

• A) that which can be shown to be truthful.
• B) the moral standards and principles by which behavior is judged.
• C) the legal limits placed on personal practices.
• D) the timeless, unwavering standard of what is good.

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Definitions:

Environmental Factors

External elements such as climate, weather, and ecological conditions that can affect businesses, people's lives, and the overall environment.

Authority Relationships

The dynamics between individuals where one has the right to direct or influence the behavior of another.

Franchise

A business model that allows individuals or entities to operate a branch of an established company with certain conditions and support.

Division

A distinct part of an organization or company that operates semi-independently, usually specializing in a particular product or market sector.