#RFB-11000720Reading: Fill in the BlanksAcademic,CoreMedium
Business Ethics
Official Question Material
Prep: Varies
Ethics is [blank] as principles of conduct or moral behavior. Business ethics is ethics as it relates to the conduct or behavior of the members of a business organization. The need for ethics in business is [blank] . First, it [blank] the external constituents of an organization (i.e., the public, other organizations, and the environment) from being harmed. Second, it benefits the organization internally by helping to [blank] its success.
Sample Answer & Audio Transcript
Ethics is defined as principles of conduct or moral behavior. Business ethics is ethics as it relates to the conduct or behavior of the members of a business organization. The need for ethics in business is twofold . First, it prevents the external constituents of an organization (i.e., the public, other organizations, and the environment) from being harmed. Second, it benefits the organization internally by helping to ensure its success.
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