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Which is not a reason a business engages in business ethics?
  • a)
    To recover a company’s image after a notorious business scandal
  • b)
    To avoid the loss of a good corporate image or being sued for misconduct
  • c)
    To act with real commitment
  • d)
    To enhance global relationships
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Which is not a reason a business engages in business ethics?a)To recov...
To enhance the global relationships is not a reason why firms tend to engage in business ethics. Business ethics, which is also referred to as corporate ethics, is a form of ethics that focuses on the principles or problems that exist in a business environment. These ethics have their origin coming from people, morality, the organization’s statements, and from the legal system. Professionals working in these sectors tend to follow these ethics that contain the standard code of conduct and rules to follow while working in organizations and corporate areas. They are extremely vital to a business’s success and the overall image that it has in the market.
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Most Upvoted Answer
Which is not a reason a business engages in business ethics?a)To recov...
From a public relations crisis
b)To comply with legal and regulatory requirements
c)To attract and retain customers
d)To increase profitability and financial success
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Which is not a reason a business engages in business ethics?a)To recover a company’s image after a notorious business scandalb)To avoid the loss of a good corporate image or being sued for misconductc)To act with real commitmentd)To enhance global relationshipsCorrect answer is option 'D'. Can you explain this answer?
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Which is not a reason a business engages in business ethics?a)To recover a company’s image after a notorious business scandalb)To avoid the loss of a good corporate image or being sued for misconductc)To act with real commitmentd)To enhance global relationshipsCorrect answer is option 'D'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Which is not a reason a business engages in business ethics?a)To recover a company’s image after a notorious business scandalb)To avoid the loss of a good corporate image or being sued for misconductc)To act with real commitmentd)To enhance global relationshipsCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which is not a reason a business engages in business ethics?a)To recover a company’s image after a notorious business scandalb)To avoid the loss of a good corporate image or being sued for misconductc)To act with real commitmentd)To enhance global relationshipsCorrect answer is option 'D'. Can you explain this answer?.
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