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What does ethics mean in entrepreneurship?

Answer and explanation

Correct answer: Conducting business honestly and fairly

Business ethics refers to principles of honesty, fairness, responsibility and respect that guide decisions and conduct. An ethical entrepreneur gives accurate information, treats stakeholders fairly and does not hide important defects or misuse trust. Option A expresses this meaning. Misleading customers, giving false information and concealing quality issues are unethical behaviours.

Related tags

EthicsHonestyBusiness-ResponsibilityBusiness EthicsSocial Responsibilities Of Business And Business EthicsBusiness StudiesClass 11 Mcq

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