9.Since all ethical standards are universally accepted, they do not depend on the culture inwhich a business operates.True False Show 10. Employees spending their working hours on social networking or shopping sites is notconsidered as an area of misconduct observed in the workplace. Get answer to your question and much more 11. Like sexual harassment, workplace bullying creates a hostile environment, but unlikesexual harassment, workplace bullying has little legal recourse at this time. Get answer to your question and much more 12. Conflicts of interest are payments, gifts, or special favors intended to influence theoutcome of a decision. Get answer to your question and much more 13. Fairness and honesty are at the heart of business ethics and relate to the general valuesof decision makers.True False 14. Ethical decisions in an organization are influenced by three key factors. Get answer to your question and much more 15. Without a code of ethics or formal policy on ethics, employees are likely to base theirdecisions on how their peers and superiors behave. Get answer to your question and much more 16. Professional codes of ethics are formalized rules and standards that describe what thecompany expects of its employees. Get answer to your question and much more 17. Establishing and enforcing ethical standards and policies within business can help reduceunethical behavior by prescribing which activities are acceptable and which are not andby removing the opportunity to act unethically.True False 18. There are three dimensions of social responsibility: economic, legal, and ethical. Get answer to your question and much more 19. Voluntary responsibilities are optional activities that promote human welfare or goodwill. Get answer to your question and much more Source: M Business 5thedition2 What does business ethics refer to?What Is Business Ethics? By definition, business ethics refers to the standards for morally right and wrong conduct in business. Law partially defines the conduct, but “legal” and “ethical” aren't necessarily the same. Business ethics enhances the law by outlining acceptable behaviors beyond government control.
What is the code of conduct for business?A code of business conduct is the set of rules that details an organization's values, ethics, and beliefs alongside the rules that govern legal compliance. It also represents the principles and ethical standards that an entity upholds.
What is business ethics How is this determined?By definition, business ethics are the moral principles that act as guidelines for the way a business conducts itself and its transactions. In many ways, the same guidelines that individuals use to conduct themselves in an acceptable way – in personal and professional settings – apply to businesses as well.
What is code of conduct as used in business ethics?A code of conduct is the most common policy within an organization. This policy lays out the company's principles, standards, and the moral and ethical expectations that employees and third parties are held to as they interact with the organization.
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The principles and standards that determine acceptable conduct in business are referred to as
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