Question

Normative business ethics takes into account the___________realities outside the legal realm in the form of industry standards.

a. Descriptive
b. Political
c. Social
d. Economic
e. Normative

Answer 1

Normative business ethics takes into account the social realities outside the legal realm in the form of industry standards.

Step-by-step explanation:

Normative business ethics takes into account the social realities outside the legal realm in the form of industry standards. Normative ethics focuses on moral behavior, on what we should do. It attempts to establish criteria or principles for identifying norms and standards to guide correct behavior. In the context of business ethics, it considers the social expectations and norms within a particular industry or sector. For example, a normative approach to business ethics may involve following industry standards for fair trade, labor practices, or environmental sustainability.