Question

It is important for managers of corporations to act ethically​ ___________. ​(Select the best choice​ below.) A. because a violation of ethics will be punished by the law B. because it is important for a business to be trusted by​ investors, customer and the public if it is to succeed C. because ethical behavior is its own justification D. because business managers must answer to a higher authority

Answer 1

Answer: B. because it is important for a business to be trusted by investors, customer and the public if it is to succeed

Explanation: Ethics is defined as the set of moral principles and standards or judging whether something is right or wrong and as such, it is quite vital for managers of corporations, firms and businesses to act in an ethical manner. This is because it is important for a business to be trusted by investors, customer and the public if it is to succeed in both the short and long term.