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What does ethics mean in business?

Answer and explanation

Correct answer: Right and honest behaviour

Business ethics refers to principles of right conduct that guide decisions and behaviour in commercial activities. Honesty, fairness, transparency, respect for stakeholders, and keeping promises help create trust and responsible relationships. False statements, intentional cheating, and giving inaccurate measurements violate ethical standards and may also violate law. Therefore, option A correctly describes business ethics.

Related tags

Business EthicsHonest ConductBusiness EthicsSocial Responsibilities Of Business And Business EthicsBusiness StudiesClass 11 Mcq

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