|( )1. |Business ethics comprises |
|A) |the laws and regulations that guide behavior in the world of business. |
|B) |the morals, values, and customs that guide behavior in general. |
|C) |the principles and standards that guide behavior in the world of business. |
|D) |the obligations businesses assume to maximize their positive impact and minimize their negative impact on stakeholders.|
|E) |the morals, values, and customs that parents teach their children. |
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|( ) 2. |Social responsibility is |
|A) |an organization's obligation to maximize its positive effects and minimize its negative effects on stakeholders. |
|B) |principles and standards that guide behavior in the world of business. |
|C) |a business's responsibility not to pollute the environment. |
|D) |a business's responsibility to manufacture products that function properly without harming consumers. |
|E) |charitable contributions made by a business to enhance its image. |
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