Question

Which of the following alone can ensure effective ethics programme in a business enterprise?

(a) Publication of a code

(b) Involvement of employees

(c) Establishment of compliance mechanisms

(d) None of them

Answer 1

Business ethics are moral values and principles that govern the behaviour of individuals in an organisation. Successful implementation of business ethics requires the publication of a code of conduct for the whole organisation. Once the code is clearly defined, the business enterprise must also take steps to analyse the degree of compliance.

Hence, the correct answer is option (a).