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    Question

    What is the significance of the ethical principle of

    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.

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