click below
click below
Normal Size Small Size show me how
4.15
20th Stack
Term | Definition |
---|---|
Bribe | An illegal payment intended to secure business or products. |
Ethics | The basic principles that govern your behavior. |
Exclusive dealership | An illegal agreement that forbids customers from buying goods and services from competitors. |
Misrepresentation | Telling the facts in an inaccurate way. |
Negligence | Not doing something necessary or required. |
Personal code of ethics | The way a person behaves based on his/her internal beliefs and standards. |
Price deals | Illegal agreements to price products in a particular manner. |
Profitibility | The degree of level of profit of a business or a product. |
Promotional items | Small objects distributed to promote the company. |
Quota | Specific goals to be met. |
Reciprocity | A method of doing business in which sellers buy from their customers; illegal when required. |
Sabotage | Interfering with a process or plan in an underhanded manner. |
Scam | A plan to gain money by deceiving people. |
Stakeholders | People or businesses who are affected by a company's success or failure. |
Tampering | Adjusting something that you have no right to adjust; e.g. a competitor's product. |
Tie-in sales | An illegal practice in which the purchase of an additional product is mandatory. |