Which statement best explains ethical values in an enterprise?
Answer and explanation
Correct answer: Giving correct information and keeping promises
Ethical values guide an enterprise to act honestly, fairly, responsibly, and transparently. Giving accurate information and fulfilling promises help customers make informed decisions and build long-term trust. Hiding facts, making false claims, or breaking rules for profit violates ethical conduct, so option A gives the clearest example of business ethics.
Frequently asked questions
What is the correct answer to this question?
Giving correct information and keeping promises
Why is this the correct answer?
Ethical values guide an enterprise to act honestly, fairly, responsibly, and transparently. Giving accurate information and fulfilling promises help customers make informed decisions and build long-term trust. Hiding facts, making false claims, or breaking rules for profit violates ethical conduct, so option A gives the clearest example of business ethics.
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.
