9As long as individuals follow the mores, customs, and rules of their culture or society, they are assured that their actions are ethically correct.
10Philosophical ethics distinguishes what people do value from what they should value.
B)Which statement correctly reflects the free market view of business social responsibility?
A)In addition to making a profit, businesses are just asresponsible for seeing to the well-being of their employees and the communities in which they operate B)No one other than the managers and owners of a business may claim to have any stake in the business decisions managers make. C)In the process of providing goods and services to customer who need and want them and maximizing profits for its shareowners, a business fulfills its social responsibility D)A business is responsible for maximizing profits for its shareowners, but, in special circumstances, may have to sacrifice profits in the interest of the community whose citizens depend on it for employment.
2Which of the following statements is decisive in determining whether or not to study business ethics?