The Question of Ethics in a Business Context Is Relevant

question 20

Multiple Choice

The question of ethics in a business context is relevant to:

• A) Identifying the boundaries between acceptable and unacceptable behavior.
• B) Avoiding liability for breach of the law.
• C) Delivering a profit to shareholders.
• D) All of the above.

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Definitions:

Precedent

A previous case or legal decision that may be or (must be) followed in subsequent similar cases.

Procedure

A set of established methods or steps followed to perform a task or solve a problem in a consistent manner.

Additional Evidence

Supplementary information or documents provided to support a claim, argument, or case beyond the initial evidence presented.

Unwritten Decisions

Actions or policies implemented within an organization that are not formally recorded or documented.