Which option best shows an entrepreneur’s ethical responsibility?
Answer and explanation
Correct answer: Giving correct information to customers and maintaining quality
Ethical responsibility requires truthful communication, reasonable quality, fairness, and respect for stakeholders. Giving accurate information enables customers to make informed choices, while maintaining quality honours the promised value. False claims, secretly selling defective goods, and unfair treatment violate trust and responsibility even if they produce short-term gains.
Frequently asked questions
What is the correct answer to this question?
Giving correct information to customers and maintaining quality
Why is this the correct answer?
Ethical responsibility requires truthful communication, reasonable quality, fairness, and respect for stakeholders. Giving accurate information enables customers to make informed choices, while maintaining quality honours the promised value. False claims, secretly selling defective goods, and unfair treatment violate trust and responsibility even if they produce short-term gains.
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.