Managerial ethics is related to which of the following?Question 3Select one:a.shareholder wealthb.righteousnessc.bureaucracyd.honor
Question
Managerial ethics is related to which of the following?
Select one:
- a. shareholder wealth
- b. righteousness
- c. bureaucracy
- d. honor
Solution
Managerial ethics primarily relates to the principles and standards that guide behavior in the business world. Among the options provided:
a. Shareholder wealth - This option focuses on financial performance and returns to investors, which, while important, is primarily about profit maximization rather than ethical considerations.
b. Righteousness - This pertains to moral correctness and ethical behavior, making it a strong candidate for relating to managerial ethics.
c. Bureaucracy - This refers to an organizational structure and is not directly related to ethical considerations.
d. Honor - This involves integrity and respect but is more about personal character than organizational ethics.
Given the definitions and implications of managerial ethics, the most relevant option in this context is b. righteousness, as it encapsulates the ethical dimensions of managerial decision-making and actions.
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