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In which example is an entrepreneur following business ethics?

Answer and explanation

Correct answer: Giving correct information and a fair price to customers

Business ethics requires honesty, fairness, transparency and respect for stakeholders. Giving customers accurate information and charging a fair price allows them to make an informed choice and builds trust. Hiding defects, withholding wages and making false claims deceive or harm others, so they are unethical business practices.

Related tags

Business-EthicsHonestyIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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