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Question 25 of 34

Q.State whether the following statement is true or false:
Business ethics is a code of conduct.

(a) True
(b) False
Maharashtra MsbshseMaharashtra HSC (MSBSHSE) Board 2025MCQ· 1mImportance★★★★★
74% · 25/34 Questions
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True — business ethics is a code of conduct for business behaviour.

Business ethics refers to the moral principles and standards that guide the behaviour of individuals and organisations in the world of business. It acts as a code of conduct that tells businesses what is right and what is wrong — for example, being honest with customers, paying fair wages, avoiding adulteration, and not indulging in unfair trade practices.

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