Question

The common denominator in both
personal ethics & business values is
O
responsibility
O integrity
O consistency
O None of the above​

Answer 1

Answer:

last one none of the above

Answer 2

The common denominator in both personal ethics & business values is responsibility.

Personal ethics:

• Personal values are the ideas of what a person or group of people considers to be desirable.
• The incorporation of these ideals into one's daily actions is referred to as personal ethics.
• Since they represent universal standards for every individual working in any capacity in any community, personal ethics may also be referred to as morality.
• These are the values that we aim to instil in our children and that we demand of one another without having to explicitly state or otherwise formalise them.

The principles of personal ethics:

1. respect and consideration for others' right to privacy.
2. honesty and a readiness to uphold the law.
3. Responsible for oneself and the nation.
4. fairness and the capacity to avoid exploitation of others.
5. benevolence and the desire to protect all living things.

Business ethics:

• Implementing proper corporate rules and practices concerning arguably contentious matters is referred to as practising business ethics.
• Corporate governance, insider trading, bribery, discrimination, social duty, and fiduciary responsibilities are a few topics that come up in an ethical discussion.
• The law typically sets the standard for business ethics by offering a fundamental set of rules that companies can choose to abide by to win the public's trust.
• Business became more conscious of a consumer-based culture that was on the rise and expressed concerns about the environment, social issues, and corporate responsibility in the 1960s, which is when the idea of business ethics first emerged. The decade was distinguished by increased attention on "social issues."

Hence, the common denominator in both personal ethics and business values is responsibility.

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