Q.

Which of the following statements about business ethics is true?

A. It concerns the impact of a business activities on society.
B. It refers to principles and standards that determine acceptable behavior in the world of business.
C. It relates to an individual’s values and moral standards and the resulting business decisions he or she makes.
D. What is ethical is determined by the public, government regulators, interest groups, competitors and individual’s personal moral values.
Answer» B. It refers to principles and standards that determine acceptable behavior in the world of business.
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Fundamentals of Ethics

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