Statement I Ethical decision-making is a very tough prospect in this 'dog-eat-dog' world. All will have to fall in and play fair.
Statement II In this age of liberalisation and globahsation, the old dirty games and ethical conduct will no longer be accepted.
A. Both statements are incorrect
B. Both statements are correct
C. Statement I correct, but Statement II incorrect
D. Statement I incorrect, but Statement II correct
Answer: Option B
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Related Questions on Values and Ethics in Management
Which is the element of business ethics?
A. A discipline
B. It is an art and science both
C. Good intention
D. All of the above
A. rules of selling
B. rules of advertising
C. rules of behaviour
D. All of these
A. traditional
B. historical
C. social
D. political
"Ethics deal with the right actions of individuals". Who said this?
A. J. R. Betty
B. D. C. Za ne
C. Peter F. Drucker
D. C. S. Rao
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