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Question
What statements are true regarding management ethics and business ethics?
(A) Management ethics and business ethics are essentially the same.
(B) Managerial ethics differs from business ethics because managers are not only responsible for their individual behavior at work; they have ethical responsibilities because of their position.
(C) Managers need only answer to the ethical questions involving their employees.
(D) Managers are responsible for developing moral standard policies and procedures to guide employee behavior and for ensuring that their employees behave ethically.
(E) Managers face more stakeholders with conflicting interests than employees.
Answer
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