GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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an approval that identifies a business is not meeting its legal obligation
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a document that outlines the rules that govern a company, its directors and shareholders
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an approval from a local council that identifies a business is meeting its legal obligation related to a specific operating task
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a legal acknowledgement that a person or business is granted permission to operate
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Detailed explanation-1: -Cambridge dictionary defines business ethics as “the rules, principles, and standards of deciding what is morally right or wrong when working.” So, business ethics refers to the implementation of appropriate business practices and policies in the workplace.
Detailed explanation-2: -Key Features of the Acts related to corruption Indian Penal Code, 1860: The IPC defines “public servant” as a government employee, officers in the military, navy or air force; police, judges, officers of Court of Justice, and any local authority established by a central or state Act.
Detailed explanation-3: -A code of conduct for business is a set of regulations and rules that gives employees a definitive guide as to how they’re expected to behave within the workplace. Composing and implementing one can provide significant benefits for a company and ensure that all employees understand what is acceptable and what isn’t.
Detailed explanation-4: -Anti-Bribery and Corruption Policy / Code of Conduct Generally, anti-bribery and corruption laws prohibit making payments or gifts to government officials or another person in a powerful position in order to secure any improper business advantage.