Question

11. Which of the following business practice is ethical?
1 Adulteration of Goods
2 Sale of duplicate goods under popular brand name

3 Honesty in dealing with the consumers
4 Exploitation of workers​

Answer 1

Answer:

option 3) is the answer......

Answer 2

Honesty in dealing with customers is one of the ethical practices of business. Every business firm should deal with honesty and should create a relationship with its customers in order to create a large base of loyal customers and to increase their brand loyalty.

• Often the business owners cheat the customers without realizing a customer cannot be fooled more than once. Thus treating every customer with honesty and dignity is one of the most important ethics of business.

• Other points mentioned like the Adulteration of Goods Sale of duplicate goods under the popular brand name Exploitation of workers​ are all malpractices which should not be done. These practices would not only be unethical but would degrade your business causing a lack of loyal customers and fewer sales.