alleryStart learning →Justice, as a factor in business ethics, means what?
APunishing every breach of a company rule
BWhat is fair according to prevailing social standards
CEqual pay for every employee of a company
DFollowing whatever the written law requires
Answer & Solution
Correct answer: B. What is fair according to prevailing social standards
1. Justice is another factor influencing individual business ethics.
2. It is what is fair according to the prevailing standards of society.
3. Today justice is taken to mean an equitable distribution of the burdens and rewards that society has to offer.
4. Identical pay for all and mere legal compliance are narrower ideas that do not capture fairness in this sense.
_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_
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