Asked by Katelyn Jagers on Sep 28, 2024

The first step toward understanding business ethics is to

A) know your company's ethical policies.
B) know your own morals and philosophies.
C) know society's ethical policies.
D) develop ethical issue awareness.
E) develop a set of decision-making rules.

Business Ethics

Refers to the study and evaluation of decision-making processes within businesses, helping to determine what moral standards those decisions should adhere to.

Ethical Issue Awareness

The recognition and understanding of ethical dilemmas or problems within a specific context or organization.

Understanding

The ability to comprehend, grasp the meaning of, or assign significance to something.

  • Understand the importance of making ethical decisions within a business setting, including the initiation of the ethical decision-making process.