Question

The term ethics refers to accepted principles of right or wrong that govern the conduct of a person, the members of a profession, or the actions of an organization. Select one: True False

Answer 1

Answer:

The answer is True.

Explanation:

The definitions of ethics according Merriam-Webster include;

• a set of moral principles,
• a guiding philosophy,
• the principles of conduct governing an individual or a group,
• rules of behavior based on ideas about what is morally good and bad,
• an area of study that deals with ideas about what is good and bad behavior : a branch of philosophy that deals with what is morally right or wrong.

From the definitions above, we can see that the answer to the question is True.

Ethics are principles that guide our actions and conduct, not just individuals but organizations.

For example, business ethics demand that corporations carry out what is known as Corporate Social Responsibility (CSR).