Question

The crucial step in understanding business ethics is __________.

• A. establishing codes of ethics
• B. learning to recognize ethical issues
• C. having efficient operations
• D. implementing a strategic plan

Answer 1

Answer: (B)

learning to recognize ethical issues

Ethics in business refers to the application of day-to-day moral or ethical norms to business. Business Ethics are the principles and standards that determine acceptable conduct in business organizations. Ethics in business refers to the application of day-to-day moral or ethical norms to business. Business Ethics are the principles and standards that determine acceptable conduct in business organizations. Recognizing the main ethical issues pertaining to the organization is a very important step. Without this step, no proper measure to remove the ethical issues can be taken.