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Subjects

What does ethics mean in business?

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Answer and explanation

Correct answer: ईमानदारी और निष्पक्ष व्यवहार के साथ उद्यम चलाना

Business ethics refers to principles of right conduct that guide decisions and relationships with customers, employees, owners, suppliers, competitors, and society. Honesty, fairness, transparency, and respect help build trust and reduce harmful practices. False claims, deliberate deception, and secret rule-breaking may seek short-term gain but are unethical. Therefore, option A gives the correct meaning.

Tags

business-ethicshonestyBusiness EthicsSocial Responsibilities of Business and Business EthicsBusiness StudiesClass 11 MCQ

Frequently asked questions

What is the correct answer to this question?

ईमानदारी और निष्पक्ष व्यवहार के साथ उद्यम चलाना

Why is this the correct answer?

Business ethics refers to principles of right conduct that guide decisions and relationships with customers, employees, owners, suppliers, competitors, and society. Honesty, fairness, transparency, and respect help build trust and reduce harmful practices. False claims, deliberate deception, and secret rule-breaking may seek short-term gain but are unethical. Therefore, option A gives the correct meaning.

Which subject and chapter does this question cover?

This is a Class 11 Business Studies question. Chapter: Social Responsibilities of Business and Business Ethics. Topic: Business Ethics.

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