Which of the following statements is decisive in determining whether or not to study business ethics?

Business managers don't need to study ethics in order to know how to treat employees, shareowners, and customers.

Business and ethics simply don't mix. In the final analysis, self$-$interest, represented by profit, overrides the interests of employees, customers, and communities. Opinion and sentiment get in the way of efficient business decision$-$making.

Ethical concerns are as unavoidable in business as are concerns of marketing, accounting, finance, and human resources. Formal study of business ethics helps address these concerns so that businesses can integrate ethics in their decision$-$making.

The answers to ethical questions are clear$-$cut enough; all business people already know right from wrong.