Question

When you manage a business by the ________________, there is a greater chance that ethics will become compromised.

a) corporate directives b) numbers c) aggravating factors d) rules

Answer 1

As per me the correct answer is c) Aggravating Factors

What are ethics?

Ethics is all about doing the right thing no mater what the consequences/losses are. These are standards which give directions to humans to do the right things in terms of obligations, benefits to society, environment etc. These give directions/path/guidelines of how to behave in a specific situation.

Importance of ethics:

These provide guidelines, structure and stability of the society as a whole. They tell each and every human what is right and what is wrong.

a)Corporate Directives:

All corporate directives are in lines with ethics because these are monitored and audited by external firms. An image of a company comes from its directives

b) Numbers

Most of the business are here to earn money/numbers. Without money companies won;t be able to survive, hence, numbers are one of the driving factor of business

C) Aggravating Factors

It is any situation/circumstances which may increase the chances of a criminal act. Hence, if company is driven by aggravating factors, it is highly possible that ethics are compromised

d) Rules:

Rules are meant to provide guidelines/limits and hence ethics are not compromised with these