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

The correct option is B Learning to recognize ethical issues

Learning to recognize the ethical issues in an organization is the most crucial step in understanding and formulating business ethics. Without understanding the ethical issues pertaining in the organization, no proper code of conduct and code of ethics can be formulated. After understanding the issues, a proper code can be formulated and implemented.