2. What is business ethics and why is it important? It constitutes right or wrong behavior and the application of moral principles in a business context, making unethical decisions can affect suppliers, consumers, the community and society as a whole.

3. How can business leaders encourage their companies to act ethically? They should create an code of conduct

4. How do duty based standards differ from outcome based? Duty based are derived from religious precepts

5. Six guidelines that an employee can use to evaluate whether his actions are ethical.

a. The law
b. Rules and procedures
c. Values
d. Conscience
e. S
f. S
6. Type of issues that might arise in context to International business transaction
a. Consumption of alcohol
b. Types of food
c. Treatment of woman
d. Civil rights