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Answer the Following Questions. State Concept of Business Ethics in Details.

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प्रश्न

Answer the following question.
State concept of business ethics in details.

संक्षेप में उत्तर
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उत्तर

Business ethics can be defined as the code of conduct that a business organisation must follow. By following these ethics, the organisation takes up only those activities that are desirable from the viewpoint of the society. The purpose of business ethics is to guide the managers and other employees in the organisation to perform their jobs in a socially acceptable manner. As the business is part of the society and makes use of human and natural resources that belong to the country and society, it becomes the moral and ethical duty of a business to work towards social welfare and conduct activities that increase the growth
and development of the society. Moreover, business ethics should be followed in the day-to-day working of a business enterprise as it not only increases social welfare but also helps in successful existence of the business.

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Business Ethics
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 4: Social Responsibility of Business - Answer the following question. [पृष्ठ १२३]

APPEARS IN

मायकल वाझ Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
अध्याय 4 Social Responsibility of Business
Answer the following question. | Q 6 | पृष्ठ १२३

संबंधित प्रश्न

Write a word or phrase or a term which can substitute  the following.
A set of principles of right conduct.


Write a word or phrase or a term which can substitute the following.
An element of business ethic in which opinions and feedbacks from clients are considered.


Write short note on the following.
Features of business ethics.


Choose the correct option for the following:
Which of the following is capable of doing maximum good to society?


Choose the correct option for the following:
Which of the following alone can ensure effective ethics programme in a business enterprise?


Give one word or phrase or a term which can substitute the following.

An activity motivated by profit.


State whether the following statement is true or false:

Business ethics is a code of conduct.


Business organisation can maximize profitability by ______ wastage.


The word 'Ethics' is derived from the Greek word ______.


Answer in one sentence.

Who can raise voice against business malpractices?


Correct the underlined word and rewrite the sentence.

Financial help should be provided by business organizations for anti-social activities.


Correct the underlined word and rewrite the sentence.

Business ethics is a compulsory term.


Explain the following term/concept.

Moral Values


What is business ethics?


Choose the Correct Answer.

Which of the following does not ensure effective ethical practices in a business enterprise.


What is ethics?


What do you mean by code?


Why is ethics necessary in business?


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