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State Whether the Following Statement Are True Or False (Give Reason) Business Ethics is Not Applicable to All Business Organisations. - Organisation of Commerce and Management

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MCQ

State Whether the Following Statement Are True Or False (Give Reason)

Business ethics is not applicable to all business organizations.

Options

  • True

  • False

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Solution

This statement is False:

  1. Business ethics is applicable to all business organizations.
  2. Business ethics are norms and principles of code of conduct commonly adopted by all business organizations.
  3. Business ethics being do’s and don’ts of the business become applicable to all kinds of business organizations.
  4. Thus, from the above three points, it is very clear that business ethics are applicable to all forms of business organization at any time.  
Concept: Concept of Business Ethics
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