Business Studies · Corporate Governance
What is primarily implied by the rhetorical question 'Is Business Ethics an Oxymoron'?
- 1It questions whether ethical behavior is possible only when a business is facing a financial crisis.
- 2It highlights the perceived contradiction that the pursuit of maximum profit often conflicts with true ethical principles.✓
- 3It suggests that ethical principles must be redefined specifically for a business context, separate from personal ethics.
- 4It refers to the idea that a company only needs ethics after it has achieved financial success.
Correct answer
It highlights the perceived contradiction that the pursuit of maximum profit often conflicts with true ethical principles.
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