Question

Which one of the following is correct about business ethics?

• A. Business ethics has absolute norms
• B. Business ethics is enforced by law
• C. Following business ethics practices is mandatory for all organisations
• D. Business ethics has a universal application.

Answer 1

Answer: (D)

Business ethics has a universal application.

Universal application- intended to provide standards of professional conduct. This code is intended to provide general principles to cover most situations encountered by coaches of ethics. Its primary goal is the welfare and protection of individuals and groups with whom coaches work.

Business ethics have no absolute norms, neither enforced by law.