Advertisements
Advertisements
Question
Write short note on the following.
Features of business ethics.
Advertisements
Solution
Features of business ethics:
i. They lay down a code of conduct to govern the activities and behaviour of a business towards society and other businesses.
ii. They are different in different countries.
iii. Irrespective of the size of a business unit, business ethics apply to all organisations.
iv. Business ethics create an atmosphere of healthy and fair competition among business houses.
v. They promote fair practices between business units and competitors, government, employees, suppliers and society.
APPEARS IN
RELATED QUESTIONS
Businessmen are ______ of the society.
Business ethics is a branch of .................... science.
Write a word or phrase or a term which can substitute the following.
Rules of standards dealing with morality in business environment.
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 a word or phrase or a term which can substitute the following.
The critical, structured examination of how people and institutions behave in the world of commerce.
Answer the following question.
State concept of business ethics in details.
'Business is essentially a social institution and not merely a profit making activity'. Explain.
The business should offer adequate opportunities of promotion to their ______.
Business ethics refers to the ______ system of principles.
Give one word or phrase or a term which can substitute the following.
An activity motivated by profit.
Business organisation can maximize profitability by ______ wastage.
Answer in one sentence.
Who can raise voice against business malpractices?
Correct the underlined word and rewrite the sentence.
Business ethics is a compulsory term.
Choose the Correct Answer.
The ethical conduct of employees leading to standard practices results in ______
What is ethics?
What do you mean by code?
