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Assessment
What is the primary goal of ethical business practices?
To maximize profits at any cost.
To ensure fairness and integrity in business operations.
To avoid paying taxes legally.
To compete aggressively against rivals irrespective of methods.
Which of the following is a consequence of unethical business practices?
Increased customer loyalty.
Improved company reputation.
Legal penalties and fines.
Attraction of quality employees.
Which of the following is NOT a principle of ethical business practices?
Transparency in communication.
Accountability for actions.
Manipulation of data to mislead stakeholders.
Respect for all stakeholders.
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