Question

what are the elements of business ethics mcq answers​

Answer 1

Answer:

Honor: ...

Integrity: ...

Customer focus: ...

Results-oriented: ...

Risk-taking: ...

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Answer 2

Answer:

Some of the essential parts of business ethics whereas running a commercial enterprise area unit as under:

(i) Top management commitment: top management encompasses a crucial role in guiding the whole organization towards ethically upright behavior. to realize results, the Chief officer (or CEO) and alternative higher level managers have to be compelled to be overtly and powerfully committed to moral conduct.

(ii) Publication of a ‘Code’: Enterprises with effective ethics programmes do outline the principles of conduct for the entire organization within the kind of written documents that is stated because the “code”. This usually covers areas like elementary honesty and adherence to laws; product safety and quality; safety within the workplace; conflicts of interest; fairness in selling practices and money coverage.

(iii) Establishment of compliance mechanisms: so as to make sure that actual choices and actions fits the firm’s moral standards, appropriate mechanisms ought to be established. Some samples of such mechanisms are: taking note to values and ethics in recruiting and hiring; action company ethics in coaching and instituting communication systems to assist staff report incidents of unethical behavior.

(iv) Involving staff in any respect levels: it's the staff at totally different levels United Nations agency implement ethics policies to create moral business a reality. for instance, tiny teams of staff will be fashioned to debate the necessary ethics policies of corporations and examine attitudes of staff towards these policies.

(v) Measuring results: though it's tough to accurately live the top results of ethics programmes, the corporations will actually audit to observe compliance with moral standards. the highest management team and alternative staff ought to then discuss the results for more course of action.

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