GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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adopted by a company to specify the difference between right and wrong
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a document covering legal issues
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an agreement for the government
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mandatory for a business
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Detailed explanation-1: -Ethics is the embodiment of moral values which describes what is right and what is wrong in human behavior and ought to be. Ethics can be defined as the principles and standards that determine acceptable conduct in organisation.
Detailed explanation-2: -In the simplest sense, business ethics is being able to identify the difference between right and wrong and then consciously choosing to do the right thing. Another way to define business ethics is written guidelines or standards used to hold a company accountable to moral actions and just decisions.
Detailed explanation-3: -A code of ethics and professional conduct outlines the ethical principles that govern decisions and behavior at a company or organization. They give general outlines of how employees should behave, as well as specific guidance for handling issues like harassment, safety, and conflicts of interest.