Practice question

Evaluate the following statements regarding Personal Ethics and Business Ethics: I. Business Ethics must always override Personal Ethics. If a person's core value conflicts with a company policy, the employee is ethically bound to follow the company policy. II. Personal Ethics refers to the moral principles that guide an individual's life choices, while Business Ethics applies these principles to the professional conduct of individuals and organizations. III. An individual demonstrating strong Personal Ethics is less likely to face Value Conflicts in their professional life, as the alignment of their morality with the required conduct reduces internal conflict. Which of the statements given above are correct?