Who defined the business ethics is the study of business situations Andrew Crane Raymond C Baumhart FW Taylor Peter Drucker

The correct answer to the question is Raymond C. Baumhart.

Raymond C. Baumhart is widely recognized for defining business ethics as the study of business situations, activities, and decisions where right and wrong must be determined. In his research, he emphasized the importance of understanding ethical principles within business practices and how they impact organizational behavior and decision-making processes.

Baumhart's work laid a foundational understanding of how businesses should operate ethically, considering the implications of their actions on society, the environment, and stakeholders. This perspective has evolved and become crucial in today's business landscape, where ethical considerations are paramount in maintaining consumer trust and corporate reputation.

In summary, while several individuals, including Andrew Crane and Peter Drucker, have contributed to the discourse around business ethics, it is Raymond C. Baumhart who is specifically noted for defining it in the context provided.