Which is the best example of an ethical decision in an enterprise?
Answer and explanation
Correct answer: Give correct information to customers
An ethical decision respects truth, fairness, and the customer’s ability to make an informed choice. Giving correct information allows customers to understand the product, its limitations, price, and relevant conditions before buying. Hiding defects, making false promises, or giving less quantity than stated deceives customers for private gain. Such actions may also damage trust, reputation, and legal compliance over time.
Frequently asked questions
What is the correct answer to this question?
Give correct information to customers
Why is this the correct answer?
An ethical decision respects truth, fairness, and the customer’s ability to make an informed choice. Giving correct information allows customers to understand the product, its limitations, price, and relevant conditions before buying. Hiding defects, making false promises, or giving less quantity than stated deceives customers for private gain. Such actions may also damage trust, reputation, and legal compliance over time.
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.