Multiple choice

Which of the following is a feature of Business Ethics ?

  1. Business Ethics has a universal application

  2. It is a relative norm and differs from business to business

  3. Business Ethics is based on well accepted moral and social values

  4. All the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

 Business Ethics is an art and science for maintaining harmonious relationship with the society, its various groups and institutions as well as reorganizing the moral responsibility for the rightness and wrongness of business conduct.It is universally accepted principle which ensures the good corporate governance. Every organisation has to adopt business ethics standards which are different from business to business according to their activities. 

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