Subject:
Business StudiesAuthor:
ronandrakeCreated:
1 year agoAnswer:
The answer to the question -" which of the following statement is true in respect to business ethics" is-
Business ethics is the prescribed code of conduct for businesses. ·
Explanation:
Business ethics is simply the application of ethics in business.
An example-
When moral rules are applied by a corporation inorder to determine how to treat its shareholders ,employees, and customers.
Therefore ,if a system or a business is running afoul of the law, then it may encounter financial losses and moral dilemas ,but, if the business is following business ethics, it ensures its employee that the company obeys rules and does things in a correct order.
To know more about Difference between business ethics and ethical business, click on the link below-
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