Question

The study of business ethics is important to better understand all of the following exceptA. that a person's own moral philosophies and decision-making experience may not be sufficient to guide him or her in the business world. B. how and why people make ethical or unethical decisions. C. how to cope with conflicts between a person's own values and those of the organization in which he or she works. D. that business ethics is entirely an extension of an individual's own personal ethics. E. how to identify ethical issues arising in the business world.

Answer 1

The answer is D. that business ethics is entirely an extension of an individual's own personal ethics. The study of business ethics is important because it helps individuals to understand how to cope with conflicts between their own values and those of the organization in which they work, identify ethical issues arising in the business world, and understand how and why people make ethical or unethical decisions. It also helps individuals to recognize that a person's own moral philosophies and decision-making experience may not be sufficient to guide him or her in the business world. However, business ethics is not entirely an extension of an individual's own personal ethics because it also involves understanding the ethical responsibilities and obligations of organizations as well as social and legal norms that guide ethical behavior in the business world.