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3. Ethics also refers to the study and development of one's ethical
standards. (T/F)
4. Business ethics comprises of the study of proper business
policies and practices regarding potentially controversial issues,
such as corporate governance. (T/F)
5. Business ethics are not often guided by law, while other times
provide a basic framework that businesses may choose to
follow in order to gain public acceptance. (T/F)
3 To 4 Marks Questions.
1. Write the elements core values of entrepreneurs.
2. Explain in detail McClelland’s Theory of motivations.
3. Write various important elements of business ethics.
6 marks questions
1. ‘Human beings required respect in the society’. Explain the needs
in the Maslow’s hierarchy of needs of theory.
