Which of the Following Statements Accurately Distinguishes Between Laws and Ethics

question 125

Multiple Choice

Which of the following statements accurately distinguishes between laws and ethics?

• A) Laws reflect the beliefs of the majority of society while ethics reflect the beliefs of the minority of society.
• B) Ethics deal with religious and moral beliefs while laws deal with social, economic, and environmental behaviors.
• C) Ethics deal with internal (personal) issues while laws deal with external (social) issues.
• D) There is no significant difference between laws and ethics; these terms can be used interchangeably.
• E) Ethics deal with personal and moral principles whereas laws are society's values that are enforceable in the courts.

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Definitions:

Environmental Uncertainty

The degree of unpredictability and lack of information regarding changes in the external environment that affect an organization's operations.

Strategic Contingencies

Involves planning for and responding to events that could significantly impact an organization's ability to achieve its objectives.

Defensiveness

A psychological reaction that occurs in response to a perceived threat, characterized by a protective behavior aimed to defend oneself from criticism or harm.

Substitutability

The degree to which one product or service can be replaced with another to satisfy the same need or want.