Question

Select the proper option from the option given below and rewrite the completed sentence.
Business ethic refers to the system of _______ principles.

Options

• Economic

• Social

• Moral

Answer 1

Business ethic refers to the system of moral principles.
Explanation:
Business ethics can be defined as the code of conduct that a business organisation must follow. Such a set of rules is desirable from the viewpoint of the society. The purpose of business ethics is to ensure that the managers and other employees in an organisation perform their jobs in a socially acceptable manner.