QUESTION 1 ( 20 MARKS ) Ethics is extremely important in both our personal and professional lives. Elaborate the definition of business ethics.

QUESTION 2 ( 20 MARKS ) There are several reasons why great business ethics is more vital than ever for managerial success. Explain the significance of business ethics.

QUESTION 3 ( 20 MARKS ) Businesses are responsible for developing codes of conduct and ethics that all employees must adhere to and put into practice. Describe what are the common ethical challenges faced by business people.

QUESTION 4 ( 20 MARKS ) Religion is one of the critical factors influencing an individual's ethical values. Elaborate on the difference between religion and ethics.

QUESTION 5 ( 20 MARKS ) In our daily lives, we are constantly confronted with moral and ethical dilemmas. Discuss the differences between ethics and morality.