GENERAL KNOWLEDGE

GK

BUSINESS MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The principle of business ethics includes
A
Principle of publicity
B
Principle of equivalent price
C
Principle of co-operation with others
D
All of the above
Explanation: 

Detailed explanation-1: -Business ethics is an evolving topic. Generally, there are about 12 ethical principles: honesty, fairness, leadership, integrity, compassion, respect, responsibility, loyalty, law-abiding, transparency, and environmental concerns.

Detailed explanation-2: -The 4 basic ethical principles that apply to forensic activities are respect for autonomy, beneficence, nonmaleficence, and justice.

Detailed explanation-3: -There are seven principles of business ethics including accountability, care and respect, honesty, healthy competition, loyalty, transparency, and respect for the rule of law.

Detailed explanation-4: -Moral Principles The five principles, autonomy, justice, beneficence, nonmaleficence, and fidelity are each absolute truths in and of themselves. By exploring the dilemma in regards to these principles one may come to a better understanding of the conflicting issues.

Detailed explanation-5: -Our Code of Business Ethics is our ongoing commitment to maintaining and promoting world class standards of business integrity and trust wherever we operate. Our Code of Business Ethics encapsulates our respect for the law and for individuals, and our responsibilities to our clients and stakeholders.

There is 1 question to complete.