Sophia Intro to business Milestones 1, 2, 3, 4 and Final

Which of the following should guide ethical behavior in a business? Moral judgments Personal goals Scientific theories Cultural standards CONCEPT Ethics as a Lifestyle 2 Kyle owned a small business that sold and repaired several styles of bicycles. Last month, Kyle had sales of$15,000 and the costs of operating his business were $12,300. Which of the following is true about Kyle's business? The business experienced a loss. The business should focus on expansion. The business earned a profit. The business is not capitalizing on a need. CONCEPT What Is Business? 3 A business owner decides to give all her employees a living wage and benefits, including any new employees. Which social responsibility stance did the business owner demonstrate? Proactive Defensive Obstructionist Accommodating