business ethics

a business is an association of individuals who exchange products or services for financial profit

true

which of the following can businesses have relationships with

shareholders, employees, customers, environment, governments, businesses

if businesses exist to create financial profit and acting ethically is not financially profitable, then the term ‘business ethics’ is an oxymoron

true

dimmock and fischer discuss the concern that corporate ethics statements do not express sincere ethical commitments and are instead just marketing devices. this concern rests upon four claims, listed below. which of these following claims can be argued against

1. a business exists to create financial profit

2. a profitable business is one that attracts customers

3. customers are attracted to apparently ethical businesses

4. it is more profitable for a business to appear ethical than to be ethical