In: Operations Management
Which of the following statements accurately distinguishes between laws and ethics?
Laws reflect the beliefs of the majority of society while ethics reflect the beliefs of the minority of society. |
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Ethics deal with religious and moral beliefs while laws deal with social, economic, and environmental behaviors. |
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Ethics deal with internal (personal) issues while laws deal with external (social) issues. |
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There is no significant difference between laws and ethics; these terms can be used interchangeably. |
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Ethics deal with personal and moral principles whereas laws are society's values that are enforceable in the courts. |
E- Ethics deal with personal and moral principles whereas laws are society's values and are enforceable in the courts
This is the correct option because ethics means what should be the right and wrong for the society and people. This belongs to individuals and companies or groups, and law are made by the government which is enforceable in the court. Law includes society's values..