Multiple choice

Which of the following statements is correct about business ethics?

  1. Social responsibility and business ethics are considered different concepts

  2. Making higher profits should be the main objective of a business

  3. A business may sustain only if it cares for society

  4. Companies making ethical investments may not be able to compete
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

A business may sustain only if it cares for society because a business can prosper on the basis of good ethical standards and it helps to retain the business for longer years. Business uses the resources of society, exploits them for earnings, and in turn it should help the society to grow and develop.

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