Consider the given statement(s) and decide which of the given assumption(s) is/are implicit in the statement.
Statement: Organisations that follow certain business ethics have better chances of survival, compared to those whose only goal is to earn profits.
Assumption:
I. A written code of ethics to let the employees know the do’s and dont’s of an organisation is important.
II. Organisations should focus on training employees on code of ethics.1
Both I and II are implicit.
2
Only assumption I is implicit
3
Only assumption II is implicit
4
Neither I nor II is implicit