Which One of the Following About Business Ethics Is True

question 83

Multiple Choice

Which one of the following about business ethics is true?

• A) Business ethics are the accepted principles of right or wrong governing the conduct of business people.
• B) Business ethics are accepted principles of right or wrong that govern a person.
• C) Business ethics govern the behavior of members of a profession.
• D) Business ethics is selecting the correct alternative to solve a problem.
• E) Business ethics govern the actions of an organization.

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Definitions:

Vertical Differentiation

Refers to the process of distinguishing products or services based on their quality, features, or performance rather than price.

Megapixels

A measure of the resolution of digital cameras or images, equivalent to one million pixels.

Behavioral Economics

is a field of economics that studies how psychological, emotional, cultural, and social factors affect economic decisions of individuals and institutions.

Psychology

The scientific study of the human mind and its functions, especially those affecting behavior in a given context.