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What is the biggest purpose of professional ethics in management?

Answer and explanation

Correct answer: To make decisions responsible and stakeholder-friendly

Professional ethics guides managers to make decisions with honesty, fairness, accountability, and consideration for stakeholders' interests. Therefore, option A is correct. Earning profit may be an organisational objective, but maximising profit in every situation is not the purpose of ethical management. Exam tip: In ethics-based questions, prefer options linked to accountability, fairness, and stakeholder trust.

Related tags

Management EthicsManagement As A ProfessionStakeholder InterestsEthical Decision MakingBusiness StudiesClass 12Nature And Significance Of ManagementClass 12 Mcq

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