Business ethics is __________ in nature.

absolute

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not absolute

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permanent

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none of the above

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Solution

The correct option is B not absolute
Business ethics is not absolute in nature. It is based on the theory of relativism. Theory of Relativism promotes the idea that some elements or aspects of experience or culture are relative to, i.e. dependent on, other elements or aspects. It holds that there are no absolute truths in ethics and that what is morally right or wrong varies from person to person or from society to society.

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