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Question

Which is not a reason a business engages in business ethics?


A

To recover a company’s image after a notorious business scandal

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B

To avoid the loss of a good corporate image or being sued for misconduct

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C

To act with real commitment

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D

To enhance global relationships

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Solution

The correct option is D

To enhance global relationships


To enhance the global relationships is not a reason why firms tend to engage in business ethics. Business ethics, which is also referred to as corporate ethics, is a form of ethics that focuses on the principles or problems that exist in a business environment. These ethics have their origin coming from people, morality, the organization’s statements, and from the legal system. Professionals working in these sectors tend to follow these ethics that contain the standard code of conduct and rules to follow while working in organizations and corporate areas. They are extremely vital to a business’s success and the overall image that it has in the market.


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