What are business ethics?
A. The moral principles that represent a person or group
B. How companies conduct themselves in terms of their practices and policies as they relate to doing right by stakeholders and shareholders
C. An ethical concept that implies that companies have a duty to society and the environment
D. None of the answers are correct.
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What is social responsibility?
A. The moral principles that represent a person or group
B. How companies conduct themselves in terms of their practices and policiesas they relate to doing right by stakeholders and shareholders
C. An ethical concept that implies that companies have a duty to society and the environment
D. None of the answers are correct.
If you face an ethical dilemma, what should your first step be in resolving the issue?
A. Contact the regulators
B. Stay quiet
Check your facts
D. None of the above
Social responsibilty is a business obligation to pursue policies, make decisions, and take actions that benefit society.
A. True
B. False
Economic Responsibility is a company's social responsibility to obey a society's law.
A. True
B. False
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