cha 4
| Description: | cha 4 |
| Category: | Business |
| Created by: | Sammy12 on 2009-09-21 |
| Question | Answer |
| what is social responsibility | refers the the duty of business to contribute to the wellbeing of a communtity |
| examples of non-renewable resource | gas, oil, iorn |
| what are ethics? | principles of morality or rules of conduct |
| what is interstate commerce | business dealiongs involving cmpanies in more than one state |
| what is intrastate commerce | refers to business dealings involving companies that do business in one state |
| what are patents, copyrights and trademarks | patent- 17 years copyright- 50 after death trademark- word letter or symbol |
| what is intellectual property | intangible with no physical characteristics |
| what is a public utility | an organization that supplies a service to all people |
| what are antitrust laws | prevent unfair business practices like monopolies |
| what is revenue | government income |
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