The definition of business ethics includes which of the following points?

A) It is a branch of applied ethics.
B) It is fully codified in federal statutes.
C) It has a central authority and universal standards.
D) It is based on maximizing profits for a business.

Business Ethics

Principles and standards that determine acceptable conduct in business operations, focusing on fairness, transparency, and integrity.

Applied Ethics

A branch of ethics that deals with ethical problems in various fields like medical, technical, legal, and business ethics.

Federal Statutes

Laws enacted by the United States Congress that apply throughout the country, forming part of the federal law.