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Question

Ethics in compliance means ____________.

A
It is about obeying and adhering to rules and authority
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B
It deals with the moral principles behind the operation and regulation of marketing
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C
It deals with the duties of a company to ensure that products and production processes do not cause harm
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D
None of the above
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Solution

The correct option is B It is about obeying and adhering to rules and authority
Ethics is all about obeying and adhering to rules and authority. Ethics are a set of moral principles and a branch of philosophy which defines what is good for the people and society. Every business enterprise needs to follow these ethics for maximizing social welfare.

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