alleryStart learning →An ethical issue arises in which situation?
AWhenever a business decision reduces its profits
BWhenever two managers disagree about a forecast
CWhen someone must choose among actions that may be unethical
DWhen a regulator opens a formal inquiry into a firm
Answer & Solution
Correct answer: C. When someone must choose among actions that may be unethical
1. An ethical issue is a situation where someone must choose between a set of actions that may be ethical or unethical.
2. The defining feature is the choice, not the outcome or the profit involved.
3. Disagreements over forecasts and regulatory inquiries may or may not involve such a choice.
_Source: OpenStax Introduction to Business (CC BY 4.0), Ch 2 "Making Ethical Decisions and Managing a Socially Responsible Business", section 2.1 Understanding Business Ethics_
Keep practising Ethics and Social Responsibility
Browse all Ethics and Social Responsibility questions for B.Com, or explore more Business Ethics topics.
Related questions
What makes giving strategic rather than traditional?Social investing is the practice of doing what?At what rate are plant and animal species becoming extinct?Beyond providing jobs, what must employers give their employees?Stakeholders of a business are which groups?Into which category do the vast majority of business activities fall?Can a company act irresponsibly while staying within the law?Which responsibility sits at the highest level of the pyramid?