Which of the following is true about the scope of business ethics?
A)The scope of business ethics has expanded to encompass the nature and quality of the relationships with shareholders,customers,business partners,suppliers,the community,environment,and future generations.
B)The scope of business ethics has been limited to a company's actions with regard to how it treats employees and obeys laws.
C)The scope of business ethics has not changed because laws have not changed.
D)The scope of business ethics has not changed even though laws have expanded.

Question

Quizplus · Accepted Answer

Over the years, the scope of business ethics has expanded to include the relationships a company has with various stakeholders, including shareholders, customers, suppliers, the community, the environment, and future generations. This expansion reflects a growing recognition that a company's actions have wider implications beyond just its bottom line and that it has a responsibility to act in ways that benefit society as a whole. The traditional focus on employees and legal compliance remains important, but it is now just one part of the broader scope of business ethics.

Which of the Following Is True About the Scope of Business