Question

What factors determine business ethics?

Answer 1

Answer:

The correct answers are

a) How a company treats employees

b) How a company treats consumers

c) Whether a company obeys the laws

e) Whether a company respects the community

f) Whether a company respects the environment

Explanation:

Ethics are the moral values exercised by a person or organization. Ethics are mandatory in running a business. Employees and customers should be treated gently and ethically. A company should give respect to the community and environment. And a business that exercise ethics obeys the laws religiously.

Answer 2

Answer:

a.how a company treats employees

b. how a company treats consumers

c. whether a company obeys the law

e. whether a company respects the community

f. whether a company respects the environment

Business ethics refer to an area of study involving proper business policies and practices. Generally, the laws governing companies help them form a framework to adhere to in order to gain acceptance from society.

Hence, the way in which a company treats its employees and customers, its compliance with the laws of the land, and the way it acknowledges its responsibility to the community and environment are some of the factors that determine business ethics.