DSST Business Ethics Practice Questions - DSST Business Ethics And Society Exam

Which statement best captures the role of the profit motive in business ethics?

Profit makes ethical analysis unnecessary. Profit seeking is legitimate, but it must be constrained by law, rights, and duties to stakeholders. Profit is always unethical in competitive markets. Business ethics applies only to nonprofit organizations.

Correct Answer:

Profit seeking is legitimate, but it must be constrained by law, rights, and duties to stakeholders.

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