MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Business Studies

Functions of the PR Department

Which of the ...

Question

Which of the following is not a reason for business to act ethically ?

A

To protect its own interest and of the business community as a whole

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

To meet stakeholder expectations

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

To build trust with key stakeholder groups

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

To not protect their employees and their reputation

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D To not protect their employees and their reputation
To protect its own interest and of the business community, to meet stakeholder expectation and to build trust with key stakeholders groups are reason for business to act ethically not protecting employee and their reputation are unethical.

Suggest Corrections

thumbs-up

0

Similar questions

Q. In business ethics, the stakeholder theory of business ethics maintains that managers have an ethical responsibility to manage a firm for the benefit of all its stockholders, and for people who have a claim on a company.

Q. State with reason whether the following statements are true or false.
1. A business unit is a part of society.
2. Tangible goal of earning profit is the sole objective of business.
3. Expectations of society and public towards business are changing.
4. Business organization can use natural resources as they want.
5. Business organization can participate in solving complex social problems.
6. Role of media exerts major influence on business organization.
7. Business should not disclose their records to investors.
8. Providing career opportunities to employees is the responsibility of business.
9. Management should avoid worker's participation while making decisions.
10. Business organization is not liable to control pollution.
11. Business organization cannot contribute to raise standard of living of society.
12. Ethics is a branch of politics.
13. Business ethics are applicable to all business organizations.
14. Every business organization should pay attention to business ethics while conducting their activities.
15. Business ethics can be considered as a tool for social development.
16. Introducing Environment Management techniques benefit business organization.
17. Business and environmental protection are contradictory.

Q. Business ethics may be defined as a set of moral rules and principals to protect the interest of _________.

Q. For meeting the expectations of the stakeholders, the key aspect(s) is/are ________.

Q. It is not uncommon for a business to behave ethically because _______.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Promotion

BUSINESS STUDIES

Watch in App

explore_more_icon

Explore more

Functions of the PR Department

Standard XII Business Studies

Join BYJU'S Learning Program

CrossIcon