What is the significance of the ethical principle of

Q: Answer-What is the significance of the ethical principle of responsibility and accountability in business e...

Explanation Responsibility and accountability, as ethical principles, involve acknowledging the consequences of business decisions and considering the impact on stakeholders.

responsibility and accountability in business ethics?

A Avoiding consequences of ethical lapses Correct Answer Incorrect Answer

B Ignoring the impact on stakeholders Correct Answer Incorrect Answer

C Acknowledging the consequences of business decisions Correct Answer Incorrect Answer

D Encouraging unethical behavior Correct Answer Incorrect Answer

Solution

Explanation: Responsibility and accountability, as ethical principles, involve acknowledging the consequences of business decisions and considering the impact on stakeholders.

Practice Next

Relevant for Exams:

CSIR SO/ ASO

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