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Question

Business ethics relates to _________.

A
society's decisions
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B
an individual's or work group's decisions
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C
customer's decisions
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D
government decisions
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Solution

The correct option is A an individual's or work group's decisions
  • Business ethics (also known as corporate ethics) is a form of applied ethics or professional ethics, that examines ethical principles and moral or ethical problems that can arise in a business environment.
  • It applies to all aspects of business conducted and is relevant to the conduct of individuals and entire organizations.
  • These ethics originate from individuals, organizational statements or from the legal system. These norms, values, ethical, and unethical practices are used to guide business.
  • They help those businesses maintain a better connection with their stakeholders.
  • An individual's and group's decision play a major role in maintaining the ethical environment in any organisation.

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