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20 July, 12:14

Identify three of the many shared ethical standards among businesses that

are incorporated in codes of ethics.

O

A. Social responsibility, fair pricing, piracy rules

0

B. Social responsibility, virus protection, truth in advertising

O

C. Social responsibility, fair pricing, truth in advertising

D. Fund-raising, fair pricing, truth in advertising

+3
Answers (1)
  1. 20 July, 14:52
    0
    The three most important ethical standards among businesses that are incorporated in codes of ethics are (C) Social responsibility, fair pricing and truth in advertising.

    Explanation:

    The ethical principles that promotes good behavior, trust and fairness are known as ethical standards.

    The is no uniform set of ethical standards that are to be followed by a company but each company develop its own ethical standards which they feel are meaningful for their organisation.

    These ethical standards are not easily enforceable as they are open to interpretation and are vaguely defined.

    For Example: Talking to the customers in a Polite and respectable manner', not sharing customers specific information with other companies

    So, Some of the ethical standards that are common to all organizations are are Social responsibility, fair pricing and truth in advertising.
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