General Studies · Business Ethics
Which of the following best defines the term 'Business Ethics'?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Maximizing shareholder wealth irrespective of social costs.
- 2Mandatory government regulations and compliances for business operations.
- 3Moral principles that guide the way a business behaves and makes decisions.✓
- 4Profit maximization through strategic long-term planning.
Correct answer
Moral principles that guide the way a business behaves and makes decisions.
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