Question

As they apply to business conduct and business decisions, ethical principles A. A) deal chiefly with a company's standards about what is right and wrong insofar as the conduct of its business is concerned and about what behaviors are expected of company personnel. B. D) are not materially different from ethical principles in general. C. E) are generally less stringent than the ethical principles for society at large because it is well understood that businesses should not be expected to operate any differently from what the law requires of them. D. C) involve the rules a company's top management and board of directors make about what is right and what is wrong. E. B) deal chiefly with the behaviors that a company's board of directors expects of all company personnel in both their conduct on the job and their conduct off the job.

Answer 1

Answer: B. D) are not materially different from ethical principles in general.

Explanation:

Ethical Principles are Ethical Principles. It doesn't really matter what context they are being applied to for they are a standard thing with reference of course, to the society the business is based in. For this reason Business Ethics are not materially different from general ethics.

Business Ethics are usually a reflection of the norms and cultures of the society they are based in. Think of it like this, if a company is based in a certain place and adheres to principles that are different from what is considered ethical in that society, do you think that company will be very profitable? I think not. Business Ethics are therefore based on General ethics with an immaterial difference.