Which option most clearly shows an ethical problem for an entrepreneur?
Answer and explanation
Correct answer: Selling a product while hiding its defect
Hiding a product defect prevents the customer from making an informed choice and may expose the customer to loss or harm. It violates honesty, fairness, and the customer’s right to relevant information, so it is clearly unethical. Giving a receipt, recording expenses, and providing service on time are generally responsible practices that support transparency and accountability.
Frequently asked questions
What is the correct answer to this question?
Selling a product while hiding its defect
Why is this the correct answer?
Hiding a product defect prevents the customer from making an informed choice and may expose the customer to loss or harm. It violates honesty, fairness, and the customer’s right to relevant information, so it is clearly unethical. Giving a receipt, recording expenses, and providing service on time are generally responsible practices that support transparency and accountability.
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.
