1a) Describe the different types of Business ethic theories;1b) Identify and explain their flaws.2. Describe the relationship between;i. Corporate governance and business ethics;ii. Corporate governance and Corporate Social Responsibility.3. The Lehman Brothers financial scandal took place in 2008. The Bankwent bankrupt. Describe and explain what caused the financial scandal ofthis Bank.

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Foundations of Business (MindTap Course List)

6th Edition

ISBN:9781337386920

Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Chapter5: Small BUSINESS, ENTREPRENEURSHIP, And Franchises

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1a) Describe the different types of Business ethic theories; 1b) Identify and explain their flaws.