General Studies · Business Ethics and CSR
The following statements relate to value-based organisations. Choose the correct code for the statements being correct or incorrect. Statement I: People differ in their choice of values; the enforcement of one group's values on an individual is an ethical issue. Still, there is a good deal of commonality in the values that businesses hold. Statement II: Ethical codes are statements of the norms and beliefs of an organisation which are proposed, discussed, and defined by the management of the firm, and then published and distributed.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both statements I and II are incorrect.
- 2Both statements I and II are correct.✓
- 3Statement II is correct, but I is incorrect.
- 4Statement I is correct, but II is incorrect.
Correct answer
Both statements I and II are correct.
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