Ethical Principles in Business

question 15

Multiple Choice

Ethical principles in business:

• A) deal chiefly with the actions and behaviors required to operate companies in a socially responsible manner.
• B) deal chiefly with the rules each company's top management and board of directors make about "what is right" and "what is wrong."
• C) are not materially different from ethical principles in general.
• D) are generally less stringent than the ethical principles for society at large.
• E) are generally more stringent than the ethical principles for society at large.

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Definitions:

Social Gathering

A social gathering is an event where people come together to interact, engage, or celebrate, often for communal or celebratory purposes.

Grocery Store

A retail store that sells food and household goods, serving as a convenient place for consumers to purchase their daily necessities.

Incremental Mind-Set

The belief that personal attributes, such as intelligence or talent, can be developed or improved over time through effort and perseverance.

Learning-Oriented Goals

The aims or objectives set to acquire new skills or knowledge, focusing on the process of learning rather than the end result.