Final answer:
A business rule is a statement that defines or constrains some aspect of the business. It guides conduct, ensures compliance with laws and regulations, and establishes consistency. The correct statement is (B).
Step-by-step explanation:
The correct definition of the term business rule from an information system perspective is:
A business rule is a statement that defines or constrains some aspect of the business. It is intended to assert the structure or behavior of the business.
Business rules are guidelines that guide the conduct, action, practice, or procedure within a particular activity. They help organizations establish consistency and ensure compliance with laws, regulations, and ethical standards. These rules address issues such as code of conduct, bribery, discrimination, and whistleblowing, as well as environmental and social goals.
For example, a business rule in a company may state that employees must not accept gifts from clients to prevent conflicts of interest.